Physician Compensation Model Tool for Change. 10th Annual Region IX Management Training Conference November 7, 2003 Presented By Matthew M. King, MD Medical Director Clinica Adelante, Inc. Struggling vs Model CHCs What’s the differences?. Cohesive, Experienced Management Shared Vision
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10th Annual Region IX
Management Training Conference
November 7, 2003
Matthew M. King, MD
Clinica Adelante, Inc.
C H A N G E!!
OK to Bonus with Encounters, RVUs, or Both.
Bonuses are paid monthly.
Family Practice Salary Standards
$109,990 $ 168,000 $122,268
Base numbers are not clinic expectations but numbers to base bonus productivity calculations from. ALL Providers are expected to make bonuses. Quality Bonus are not awarded unless a productivity bonus is earned.
All productivity bonuses are 3%, 10% or 20% of Base Number: either Encounter or RVU’s
New Homegrown Physician Incentive Plan (continued)
Quality Indicators (QI) will usually be at least 6 months duration but may be changed every 2 months. Any anticipated changes will be announced no less than 2 months before first pay-outs. QI’s may be provider specific, site specific, global or specialty specific. They may also be based on customer service, patient satisfaction surveys, clinic or community service parameters or other qualitative measures
A single QI may be a group of related data or a single parameter.
Each Bonus Level will have criteria in addition to the criteria expected on the previous Bonus Level.