Cost:

Free for HFMA Members
Buy HFMA Membership to Attend

Audience:

Hospitals and Other Providers
Physicians and Other Practitioners

Career level:

Executive
Mid-Senior

Recommended for:

Clinical Operations
Financial Planning
Physician Practice

Delivery Method:

Self Study

Advance Preparation:

None

Prerequisites:

Knowledge and experience developing and negotiating physician contracts

Course Availability:

1 Year

How To | Physician Compensation
An effective value-based compensation system for surgical specialists should not only account for the physician’s service, quality of care and financial performance, but also the extent to which the physician exhibits high standards of citi...
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Research & Reports | Physician Compensation
Survey analysis reveals important learnings from a February 2020 HFMA-conducted study, sponsored by Ludi, about physician compensation.
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Research & Reports | Physician Compensation
Important learnings from a February 2020 HFMA-conducted survey about physician compensation, where healthcare organization leaders offer insights on the complexities of the process.
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News | Physician Compensation
Increasing numbers of physicians paid by Medicare are shifting from the default quality-reporting-based payment option to earning bonus payments by participating in other payment models.
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Trend | Physician Compensation
Medical specialties saw an increase of 1.9% in median wRVU production over last year’s survey.
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On Demand Webinar | Intermediate | Physician Compensation

Maximize your hospital budget through an innovative physician strategy

On Demand Webinar | Intermediate | Physician Compensation

Maximize your hospital budget through an innovative physician strategy

Description

Physicians are one of the most important partners hospitals have. It is a relationship that truly defines the strength of a provider organization. It is also a business relationship defined by a specific contract or agreement, which can be complex in its structure. This session will examine the financial realities of hospital-physician relationships - during the COVID-19 crisis and beyond-and the strategies that help hospitals keep an eye on the total expenditures of their physician strategy.

Original Live Webinar Date: 10/6/20
After this program, you'll be able to..
  • Gain access to research from HFMA/Ludi that identifies the struggles hospital finance leaders face in paying their doctors and the concerns that keep them up at night.
  • Understand how to optimize your total physician contract spend - a critical financial benchmark that helps guide hospital budgeting and can assist with the CARES Act reporting.
  • Apply lessons learned from Ascension - one of the leading not-for-profit hospitals in America - and its approach to tracking, managing and paying on physician contracts.
Tools & Takeaways:
  • White Paper: Pulse Check on Your Physician Spend

Related Courses | Physician Compensation

On Demand Webinar | Advanced | Financial Leadership

Effective Management of Physician Subsidy Levels

This session will present an effective process for assessing physician financial performance from an operational strategic standpoint. The speakers will share a defined process to manage physician financial performance, including how to use cost accounting concepts to establish and manage appropriate operating budget results as well as how to use ROI concepts to assess and monitor strategic benefits in comparison to subsidy loss levels.


Original Live Date: HFMA Digital Annual Conference (6/26/2020)

On Demand Webinar | Intermediate | Financial Leadership

Why you should replace adjusted discharges

The use of adjusted discharges as a metric of output to assess facilitywide productivity and efficiency is flawed and leads to invalid conclusions. It does not account for the increasing volume and complexity of outpatient procedures. During this session, Providence St. Joseph Health System will share how it effectively uses equivalent discharges and demonstrate why this metric is better suited to health systems.


Original Live Date: HFMA DIgital Annual Conference (6/26/2020)