Physician Compensation and Benefits Playbook

Just as each patient has a unique care journey, there’s no simple answer to how to compensate physicians for their services. Many practices have tried and true approaches to planning compensation, but those methodologies are evolving with the industry. 

The “eat what you treat” pure-productivity comp plans have shifted as more doctors become employed rather than partners in their own practices, and the trend of employed doctors being paid on 100% salary is giving way to hybrid models that introduce new incentive structures to motivate performance on quality of care goals. 

This playbook details the basics of using benchmarking data and popular methodologies for hiring and compensating physicians to pair with regulatory considerations and today’s benefit packages (or “total rewards,” as they’re frequently called in HR circles), to help your organization design a comp plan that reflects the goals and mission of your clinicians. 

Download this playbook for practical steps for:

1. Benchmarking and analysis 
2. Hiring methodologies and compensation models 
3. Total rewards for physicians 
4. Legal and compliance: Stark Law and Anti-Kickback Statute