Physician Compensation in Private Practice: 3 Key Thoughts

Practice Management

An article published in AAOS Now discusses how physician compensation is evolving in private practices.

As practices consolidate, grow and develop more complex ownership models, physicians are coming up with new ways to compensation group members. The article's author, Thomas F. Murray Jr., MD, suggests:

 

•    Allocating clinical revenues with separate amounts credited to each individual surgeon
•    Allocating ancillary revenues with close attention to Stark II guidelines, sometimes divided evenly among group members or along vested interest lines
•    Measuring work the Medicare Relative Value Unit or similar system, and potentially creating quality incentives

 

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