Understanding Employed Physician Losses & Developing Stronger Management Strategies

Presenters/Authors
Date
04/10/2019 - 2:00 p.m.
Central time

Lacking critical intelligence into physician profitability and losses? According to the AMGA 2017 Medical Group Operations and Finance Survey, physician losses increased 7.5 percent between 2016 and 2017 to $140,856 per physician. Understanding physician practice economics is crucial and this webinar will outline issues with common practices and highlight a stronger option for improving physician profitability, preparing for risk-based contracts and reducing physician burnout.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Define the Four Bucket Physician Loss Framework for classifying and explaining physician losses
  • Describe how to create and implement a pricing model to uniformly value physician work effort
  • Recognize physician payment structures that effectively self-manage loss levels
  • Systematically identify and manage risks in their physician portfolio and justify strategic losses

Advance Preparation: Read "Formula for Understanding Employed Physician Losses & Developing Stronger Management Strategies"


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