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How to keep physician employment affordable

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This Hospitals & Health Networks article guides hospital executives through the steps they need to take to keep physician employment affordable.

The steps include identifying a target amount per physician, installing process-improvement initiatives and providing performance incentives.

It notes that ”physician compensation rates are increasing while reimbursement rates are declining. These trends threaten the financial solvency of healthcare organizations and, as a result, hospital boards and leadership teams are tending more critically to the financial performance of their physician enterprises.”

 

 

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