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Value-based physician compensation tackling the complexities.
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Hospital and health system leaders should address six important questions before shifting to a quality-focused physician compensation plan: Does the shift to a value-based compensation model present opportunities beyond the addition of quality incentives?Abstract:
Hospital and health system leaders should address six important questions before shifting to a quality-focused physician compensation plan: Does the shift to a value-based compensation model present opportunities beyond the addition of quality incentives? Should measures be universal or aligned with specific payer initiatives? How much of an incentive is enough? How should quality and cost-effectiveness be measured? How should performance on the measures be assessed? How will total and individual compensation be affected?read more
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Measuring individual physician clinical productivity in an era of consolidated group practices.
Neel M. Butala,Michael K. Hidrue,Arthur J. Swersey,Jagmeet P. Singh,Jeffrey B. Weilburg,Timothy G. Ferris,Katrina Armstrong,Jason H. Wasfy +7 more
TL;DR: Mixed-effects modeling accounts for significant variation in productivity secondary to shared practice resources, outperforms GEE in predictive power, and is less vulnerable to outliers than DEA.