Structuring competitive physician compensation programs.
One of the most momentous recent changes in the healthcare marketplace is the movement of physicians from the private practice of medicine to full- or part-time employment. As increasing numbers of physicians become employees of healthcare organizations, structuring competitive physician compensation programs to attract and retain physicians will become increasingly important for the financial well-being of healthcare organizations. Healthcare executives should use data from an adequate sample of competing physician employers in structuring physician compensation programs consistent with their organization's strategic goals and objectives.
Economic Competition↗