Data Insights

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Provider Compensation

*Base Compensation

<Academic Only>
Report the amount paid as routine or regular compensation, regardless of the provider’s funding sources or productivity. This amount is guaranteed by the hospital, practice, medical school, practice plan, or Veterans Administration to the provider.

Do not include:

  • Incentive payments, honoraria, bonuses, profit-sharing distributions, expense reimbursements, fringe benefits paid by the medical school or department such as life and health insurance, retirement plan contributions, automobile allowances, or any employer contributions to 401(k), 403(b), or Keogh Plan.
 

*Total Compensation

Please read all instructions first to find what scenario fits your medical practice. There are separate instructions for how to report total compensation depending on your medical practice’s tax status.

For C corporations (under United States federal income tax law, this refers to any corporation that is taxed separately from its owners), state the dollar amount reported as direct compensation in Box 5 (Medicare wages and tips) from the provider’s W-2.

Include:

  • Total Medicare wages – this includes On-Call compensation;
  • On-Call compensation – included in total Medicare wages;
  • 401K;
  • Life insurance; and
  • Any other pre-taxed deductions (Employee contributions).

Do not include:

  • Expense reimbursements;
  • Fringe benefits paid by the medical practice;
  • Flex spending accounts (FSA);
  • Health insurance; or
  • Employer contributions.
 
An example has been provided:



 
 
For partnerships (or LLCs that file as a partnership) state the dollar amount reported as direct compensation in Box 1 plus Box 4 minus Box 12 minus Box 13 from the provider’s K-1 form 1065. An example has been provided:

Include:

  • In box 13:
    • Codes A through W (this includes 401K)
 

 
 
For S corporations (or LLCs that file as an S corporation) state the dollar amount reported as direct compensation in Box 5 (Medicare wages and tips) from the provider’s W-2 PLUS Box1 minus Box 11 minus Box 12 from the provider’s K-1 form 1120S (combine amounts from both forms). An example has been provided:

Include:

  • In box 12:
    • Codes A through S (this includes 401K)
 
 

*First Year Guaranteed Compensation

<New Hires Only>
Report the first year guaranteed contract dollar amount.

Do not include:

  • The dollar value of a signing bonus and other dollar amounts received through a bonus system such as production-based bonuses; or
  • The dollar value of expense reimbursements, fringe benefits paid by the medical practice such as retirement plan contributions, life and health insurance or automobile allowances or any employer contributions to a 401(k), 403(b) or Keogh Plan.
 

*Indicate the percentage of each method that is used to compensate the provider:

Indicate the percentage of each method for the provider’s compensation plan utilized in your practice. Provide the whole-number proportion that each method makes up of the entire plan, ensuring that all percentages add up to 100.

*Indicate the % of Total Compensation based on Straight/Base Salary: Compensation is a fixed, guaranteed salary.

*Indicate the % of Total Compensation based on Productivity or Equal Share of Compensation Pool %: Productivity measures volume of physician work RVUs, collections, etc. This also includes equal share of compensation pool. A “compensation pool” is equal to the total practice revenues net of practice overhead expenses. Such plans generally treat practice overhead as a cost of doing business that is borne by the group as a whole and not allocated to individual physicians (with the potential exception of physician-specific direct expenses). Such plans may be referred to as “team” or “group-oriented” compensation methods. The production metric is measured on the individual physician’s output level.

*Indicate the % of Total Compensation based on Quality and Patient Experience Metrics: Examples of quality measures include, but are not limited to, clinical process/effectiveness, patient safety, care coordination, patient and family engagement, efficient use of healthcare resources, population/public health and patient satisfaction.

*Indicate the % of Total Compensation based on On-Call Compensation: Compensation based on “on-call” time.

*Indicate the % of Total Compensation based on Other Metrics: A compensation plan metric that is not listed here (medical directorship stipend, honoraria, etc.).
 

*Method by which the Provider is Compensated for On-Call Coverage

From the options listed, select the period for which the compensation amount was paid for each provider.
Hourly Rate: The provider is paid a defined amount for each hour spent providing on-call coverage.
Daily Stipend: The provider is paid a defined amount for each day spent providing on-call coverage.
Weekly Stipend: The provider is paid a defined amount for each week spent providing on-call coverage.
Monthly Stipend: The provider is paid a defined amount for each month spent providing on-call coverage.
Annual Stipend: The provider is paid a defined amount for the entire year for all time spent providing on-call coverage.
Per Work RVU: The provider is paid a defined amount for each work RVU generated while providing on-call coverage.
Per Procedure: The provider is paid a defined amount for each procedure completed while providing on-call coverage.
Other: If the provider is compensated based on a method other than those listed above, select "Other" and describe the compensation method in the "Other" box.
No Additional Compensation: The provider is not paid additional compensation for providing on-call coverage.
Not applicable: The options provided do not pertain to the provider for type of compensation for on-call coverage.
 

*Amount Compensated per On-Call Coverage Method

On-call is the scheduled state of availability to return to duty, work ready, within a specified period of time. List the amount compensated per provider, per the method that was selected in the "Method by which the Provider is Compensated for On-Call Coverage" question. Perform a blend if different rates are paid at the practice, hospitals, or for different days, excluding holiday or weekend pay
in the blend. For example, if the provider is compensated $600 at the practice and $700 at the hospital, report $650 as the on-call compensation.
 

*Number of Hours per On-Call Coverage Method

Indicate the number of hours spent on-call per method (from the "Method by which the Provider is Compensated for On-Call Coverage" question). For example, if the provider is compensated a "Daily Stipend," indicate the number of hours the provider works per day for on-call coverage.
 

Holiday On-Call Compensation Amount (per day)

List the amount compensated per day for holiday on-call coverage, even if the holiday on-call compensation is part of the provider's overall compensation.
 

Weekend On-Call Compensation Amount (per day)

List the amount compensated per day for weekend (i.e. Saturday or Sunday) on-call coverage, even if the weekend on-call compensation is part of the provider's overall compensation.
 

*Method by which the Medical Director is Compensated:

Hourly Rate: The provider is paid a defined amount for each hour spent performing medical directorship duties.
Daily Stipend: The provider is paid a defined amount for each day spent performing medical directorship duties.
Weekly Stipend: The provider is paid a defined amount for each week spent performing medical directorship duties.
Monthly Stipend: The provider is paid a defined amount for each month spent performing medical directorship duties.
Quarterly Stipend: The provider is paid a defined amount for each quarter spent performing medical directorship duties.
Annual Stipend: The provider is paid a defined amount for the entire year for all time spent performing medical directorship duties.
Deferred Compensation: The provider receives some type of deferred compensation, which is paid after the regular pay period, such as an annuity or pension plan, for time spent performing medical directorship duties.
Other Method (please specify): A method that is not described by one of the above methods. Please provide a brief description.
No Additional Compensation: The provider is not paid additional compensation for performing medical directorship duties.
Not applicable: The options provided do not pertain to the provider for additional compensation for performing medical directorship duties.
 

*Directorship Compensation per Method

State the amount the provider is compensated per method selected under "Compensation Method."

Directorship Hours per Week

Indicate the number of hours the physician works on directorship duties during a normal (typical)
workweek.

*Total Annualized Directorship Compensation

Enter the total compensation for medical directorship duties earned for the fiscal year reported in the
Practice Demographics. This figure should only be for medical directorship duties and annualized to
represent a full 12-month period.

Directorship Hours per Week

Indicate the number of hours the physician works on directorship duties during a normal (typical) workweek.
 

*Total Annualized Directorship Compensation

Enter the total compensation for medical directorship duties earned for the fiscal year reported in the Practice Demographics. This figure should only be for medical directorship duties and annualized to represent a full 12-month period.
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