Compensation

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https://www.pamedsoc.org/tools-you-can-use/topics/compensation/Home:Tools You Can Use:Topics:CompensationAs a physician, your compensation or the compensation of those you manage may be tied to productivity and quality measures. Articles in this section explain how some of those measurements work.

 

 

https://www.pamedsoc.org/tools-you-can-use/topics/compensation/CompensationGameThe Compensation Game: Productivity by RVUs, Collections, and Gross Charges <p>If you are recruiting for a physician in your practice, how can you be sure the compensation package you are offering is attractive? Or, if you are looking for employment, how do you know if the compensation you are being offered is competitive? Find out more in this article that first appeared in the Spring/Summer issue of Pennsylvania Physician, PAMED's print magazine.<br></p>
https://www.pamedsoc.org/tools-you-can-use/topics/compensation/RVUs Part 1Relative Value Units: Part 1One mechanism used frequently by practices to measure physician productivity is the RVU system. Physicians;#Practice Administrators;#Members Only;#
https://www.pamedsoc.org/tools-you-can-use/topics/compensation/RVUs Part 2Relative Value Units: Part 2Measures of productivity often include one or more of the following statistics, several of which are based on the RVU system. Members Only;#
https://www.pamedsoc.org/tools-you-can-use/topics/compensation/Charges or collectionsProductivity by Charges or Collections? That Is the QuestionIn this article, we focus on two, perhaps more traditional, methods of compensation related to productivity - charges and collections.Physicians;#Practice Administrators;#Members Only;#
https://www.pamedsoc.org/tools-you-can-use/topics/compensation/More productivity measuresMore Measures of Productivity: Hours, Patients, Encounters, and Procedures This article explores various measures of productivity that could be used in a compensation model, including hours worked, number of patients, number of encounters, and number of procedures.Physicians;#Practice Administrators;#Members Only;#
https://www.pamedsoc.org/tools-you-can-use/topics/compensation/ProductivityCallTimeCall Time: What Is Its Value?Today more physicians employed by groups or hospitals are looking to escape the burdens of owning and running a practice. As such, it’s becoming more common to compensate physicians for taking call time.Physicians;#Members Only;#
https://www.pamedsoc.org/tools-you-can-use/topics/compensation/Productivity BenchmarksProductivity Benchmarks: The Basics of Physician Practice Management There are a variety of benchmarks that can be used to set goals and measure success in a medical practice.