Data glitch: How to avoid misusing physician compensation data that lead to red ink

Insight Article - June 12, 2019

Benchmarking & Forecasting

Data Analytics & Reporting

Provider Compensation

Many healthcare systems pay their physicians based on data from physician compensation surveys or on valuations prepared using such data. Use of survey data alone in setting physician compensation levels, however, can lead to practice losses. Health systems that fail to consider the full range of economic factors are at risk for being in the red.

Survey data are designed to provide information in statistical format (also known as descriptive statistics) about survey respondents. As such, surveys are highly useful for benchmarking, providing a range of data for comparison relative to the survey population.

Sign in to access this material

Member Login Become a Member

About the Author

Timothy Smith CPA, ABV
Principal TS Healthcare Consulting, LLC

ACMPE Article Assessment

Take the assessment to earn one ACMPE continuing education credit.

Get Started
X

Shopping Cart

Your cart is empty

Subtotal:
Click here if your organization is tax exempt
X

A State Sales tax exempt certificate must be on file and taxable items cannot be ordered online. For immediate assistance during normal business hours of 7:00am to 5:00pm MT M-Th and 7:00 am to Noon MT on Friday, please call toll-free: 877-275-6462, ext. 1888

X

Checkout

Use two letter code for US states
Use three letter code for country
Use two letter code for US states
Use three letter code for country

Grand Total:
Use two letter code for US states
Use three letter code for country
Saved credit card is required for opt-in to autorenew.

Questions? Contact the MGMA Service Center for assistance during checkout or review our return policy for more information.
X

Confirmation

,
,

Total:
Payment:
Balance:
 

Thank you for your purchase! If you purchased an event, you will be receiving a follow-up email from our Learning Management System regarding the product/event purchased and no further action is required.


Back to top
Loading...