The fervor by physicians to become employed stems from the decline in reimbursements. But if a hospital's financial and clinical goals aren't clearly defined, the employment arrangement can be disjointed from the outset.
In September 2012, HealthLeaders Media held its second annual CFO Exchange, bringing together 30 finance leaders from hospitals and health systems nationwide. The gathering in Kiawah Island, S.C., served as a unique opportunity for finance leaders to discuss with peers...
A year's worth of research, interviews, and discussions with chief financial officers of hospitals and health systems yields lessons about the impact of healthcare reform on physician payments, sustainable cuts, and new paths toward growth.
While physician compensation models have begun transitioning from fee-for-service to pay-for-performance, healthcare executive compensation structures have yet to make a similar shift. But that change is under way.