B2: Aligning Practice and Physician Incentives in New Compensation Plans

A fundamental shift in physician compensation is beginning to take shape as more practices discover the impact of value-based care models. Practices need innovative, data-driven strategies that align provider incentives for continued productivity along with evolving value-focused objectives that balance quality, patient risk, and cost containment goals. This session will explore value-based reimbursement methodologies and how practices can provide the right data to providers to support maintaining high levels of productivity while maximizing provider compensation and practice revenue. The speakers will share best practices for gaining acceptance from providers when updating compensation plans. The session will cover practical ways to approach modeling new compensation plans ahead of the go-live and how to support providers as they adjust to earn at their desired compensation level. Attendees will walk away with leading-edge, data-driven tactics to help their practices systematically prepare for compensation plan migrations that maintain productivity and provider satisfaction while keeping the practice in a position of financial strength.