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TIME: 2.5HRS
Physician Payment Incentives, Bonuses, and RVUs
Different Ways That Physicians Are Paid for Their Work

This course provides information on the types of bonus and incentive payments physicians may encounter, and the pros and cons of different arrangements. The course will cover:

  • Why employers use bonuses and incentives, and whether or not they are effective. Also discusses other non-financial physician incentives.
  • How collections-based incentives work for individual physicians or physician groups.
  • Why Relative Value Units have become the most common metric for incentive payments.
  • Quality-based incentives; the elements of quality incentives, including patient satisfaction and other metrics.
  • Building an incentive and bonus package; determining the appropriate percentage of pay; how attainable it should be; consideration of Stark concerns.
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5 CHAPTERS
What Are Incentive Payments?
This chapter provides information on the different types of incentive payments that may be a part of physician contracts.
START
RVUs and Other Productivity Measures
This chapter describes traditional productivity measures and RVUs, which have become the most common productivity measure.
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Value Incentives
This chapter explores various types of value incentives, often known as 'quality incentives,' offered in physician contracts.
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Developing Incentives for Physicians
This chapter discusses several important details to consider when developing effective financial incentives for physicians.
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Negotiating Incentive Payments
This chapter offers physicians important information about how to negotiate an employment contract: which elements to look at, and where there might be more flexibility.
START
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AUTHORS
Michael Belkin, JD
Divisional Vice President, Merritt Hawkins & Associates, Dallas, Texas
ABOUT
PHYSICIAN BUSINESS ACADEMY

Medscape Physician Business Academy is designed to help all physicians, employed and self-employed as well as new and more established practicing physicians, become successful in their medical practice and career by providing the essential business information that most medical schools and residency programs don't teach.

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COURSE BENEFITS

BY COMPLETING 8 COURSES YOU WILL RECEIVE A CERTIFICATE OF COMPLETION. AFTER COMPLETING EACH COURSE, YOU’LL RECEIVE A LETTER OF COMPLETION.

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PHYSICIAN BUSINESS ACADEMY CERTIFICATE
Medscape Physicians Business Academy course content is provided for educational and information purposes only. If you have particular questions or concerns relating to your practice you should consult the appropriate legal, financial or other expert.