Physician compensation 5 mistakes, 1 solution.

Compensation models for employed physicians should be based on productivity and adhere to four key principles: Focus on factors physicians can control. Include productivity-based risk and reward. Allow physicians to control personal income.

Assessing the impact of Medicare payment changes.

A reduction in the conversion factor applied to Medicare's payment equation has many providers concerned about financial loss. Some of this concern is justified, as most practices will see a decline in revenue that could result in a similar decline in physician compensation. However, the impact of these payment changes may be offset somewhat by increases in the relative value units assigned to many commonly performed procedures.