Physician Compensation to Drive Value: Models from Highmark Inc. and Texas Health Resources
As hospitals, health systems, and physician practices advance toward population health management, physician compensation is a key consideration. Physicians used to working on a fee-for-service basis are likely to be wary of a shift that may change their take-home compensation and work habits. Primary care physicians and specialists must be treated differently. Employed and independent physicians alike could balk. Organizational culture plays a role. What are the right metrics to match the different incentives for different organizations?
When you participate in this ON-DEMAND Webcast, health leaders from Highmark Inc. and Texas Health Resources will discuss strategies and metrics for implementing a value-based model of physician compensation. You'll hear lessons learned and best practices.
You’ll learn how to:
- Explain the shift in physician reimbursement and the implications of the new population-based model
- Understand necessary process changes surrounding physician compensation
- Gain proven strategies through real-life examples from the provider organization
- Create an organization-specific set of compensation metrics centered on quality, access, and patient experience
- Payer/delivery system partnership
a. Cooperation from antagonism
b. Insurance risk vs. performance risk
- Physician compensation models from payer perspective
a. The payment and value calculus
i. Integrated delivery systems
ii. Necessary changes to current approach
iii. Process change map
b. Types of payment models
iii. Front-runner examples
- How to tie in quality with managing population health
a. Segmenting populations
- Physician compensation models from provider perspective
a. Creation of a health network
iii. Resolving different incentives
b. Necessary changes to current approach and infrastructure
i. Integration of data, EMR
c. Compensation metrics
Meet the speakers:
Mark A. Piasio, MD, MBA
Medical Director, Provider Strategy & Integration
Chief Strategy Officer
Texas Health Resources
Webcast system requirements and program materials:
To fully benefit from the webcast experience, please note you will need a computer equipped with the following:
Internet: 56K or faster Internet connection (high-speed recommended)
Streaming: for audio/video streaming, Adobe Flash plug-in or Safari browser on iOS devices
Prior to the webcast, you will receive an e-mail with detailed system requirements, your log-in information, presentation slides, and other materials that you can print and distribute to all attendees at your location.
COULDN'T LISTEN LIVE?
No problem. The ON-DEMAND version is now available! Use it as a training tool at your convenience—whenever your new or existing staff need a refresher or need to understand a new concept. Play it once or dozens of times. A $279 value!
Participation in the webcast is just $279 per site. All materials must be retrieved from the Internet.