Key Topics: Provider and Executive Compensation
Determining fair compensation to remain competitive
As medical groups and health systems pursue performance improvement, provider and executive compensation must be reevaluated to optimize operations and financial performance. The pandemic skewed benchmarks for compensation and productivity, so executing a compensation program is more difficult than in years past. Not only are groups struggling with how to succeed in value-based contracts as they move away from fee-for-service arrangements, other considerations include new E/M coding policies and determining fair market value (FMV).
- How should we modify provider compensation plans?
- How do we implement pay-for-performance initiatives to promote value-based care?
- How should we adjust our provider compensation structure in response to recent Medicare changes, including E/M work RVU adjustments?
- How can we ensure our compensation plan complies with current fair market value (FMV) standards?
Video: Have Physician Compensation Trends Returned to a "Pre-Pandemic" State?
Featured Provider Compensation Resources
Featured Provider Compensation Resources
G2211: A Potential Disruptor of 2024 Compensation
This white paper explores the impact of a new G-code on calculating work RVUs for physician compensation.
Trends in Compensation Rates for Higher Producers
A recent study found that volume represented a substantial portion of compensation for primary care and specialist compensation, averaging between 68% and 74%, respectively. This study also found that performance-based incentives, while also included in compensation arrangements, represented less than 10% of compensation. Whether directly or indirectly, wRVUs are an important metric to understand within your operational and/or compensation structure.
How should we modify provider compensation plans?
Does Productivity = Compensation?
GPJ Article - FREE TO MEMBERS
Is compensation keeping up with inflation? With annual inflation above 6% in 2022, and above 4% in 2023 (based on data provided by the U.S. Bureau of Labor Statistics), there is pressure on employers to maintain compensation levels to keep up with inflation. AMGA’s 2024 Medical Group Compensation and Productivity Survey Report provides insights into key issues that will guide your organization through the coming year. This article discusses short- and longer-term trends in compensation and productivity for primary care and specialty physicians as well as advanced practice clinicians (APCs) based on these latest market data results.
2024 Medical Group Compensation and Productivity Survey
SURVEY – LOG-IN FOR MEMBER DISCOUNT
Now in its 37th year, AMGA’s 2024 survey compiles compensation and productivity data from This year's data are compiled from nearly 190,000 providers across 459 medical groups, and contains compensation and productivity metrics for 197 physician and other provider specialties. The survey also contains salary and bonus data for 61 executive/leadership positions. Online access and print version available.
Adapting New Methods to Govern and Administer Provider Compensation Plans
PRESENTATION - FREE TO MEMBERS
In this presentation, learn the latest strategies for compensation oversight, including new ways to monitor performance such as panel size and capitation, and how to integrate metrics related to cash collections.
How do we implement pay-for-performance initiatives to promote value-based care?
An Inside Look at Compensation
ARTICLE – FREE TO MEMBERS
In this article, AMGA Consulting’s Fred Horton, MHA speaks on what pay-for-performance can teach us about value-based care.
New Era Physician Compensation Models
PRESENTATION - FREE TO MEMBERS
Dignity Health and Advocate Medical Group share recent changes to their compensation models in an environment moving toward value-based payment.
Comprehensive Compensation Redesign in a Value-Based World
White Paper – Free to Members
This white paper explores how to successfully align fee-for-service and value-based compensation plans with your payor mix and environment.
How should we adjust our provider compensation structure in response to recent Medicare changes, including E/M work RVU adjustments?
The Rules of the Code
ARTICLE – FREE TO MEMBERS
This article considers whether for hospital-based E/M codes, less could be more in 2023.
Making Sense of the Seismic Shifts in Provider Compensation
WHITE PAPER - FREE TO MEMBERS
This white paper gives guidance on how to effectively determine compensation in light of new 2021 E/M code changes.
The Primary Care Compensation Paradigm Shift That Was Meant to Be
WHITE PAPER – FREE TO MEMBERS
This white paper explores key changes and goals of CMS’ changes for outpatient evaluation and management (E/M) codes and their impact on medical groups.
How can we ensure our compensation plan complies with current fair market value (FMV) standards?
Compensation and Fair Market Value Considerations
PRESENTATION - FREE TO MEMBERS
Hall Render’s Joseph Wolfe addresses the latest issues involving fair market value and changes to legislation that will affect compensation models.
Solutions Library: Where the Best Find Answers
Learn how leading medical groups are adjusting their provider and executive compensation models based on the latest trends and data at amga.org/solutions