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.
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"