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As noted in the AHLA/BVR Guide to Healthcare Valuation, when it comes to physicians, variety abounds,"with over 700,000 physicians in the US and over 470,000 working in over 40,000 group practices. There are single specialty, multi-specialty, hospital affiliated, non hospital affiliated, for profit, not for profit, and academic practices." In examining physician compensation, then, it can be difficult to know where to begin.
In part 11, BVR's Online Symposium on Healthcare Valuation turns to physician compensation how new and emerging trends in the healthcare industry are compounding the already significant challenges of this valuation arena. Featuring Dan Stech and James Connors, this installment of our Symposium will address what appraisers need to know when assessing physician compensation.
Program Agenda
Introduction and Disclaimer
The Environment and Trends
Common Physician Compensation Arrangements
Special Compensation Considerations
Common Compensation Methods
Primary Valuation Methods for Compensation
Typical Employment Arrangements: Case Analyses
Factors Influencing Fair Market Value and Commercial Reasonableness
Reconciliation of Compensation and Practice Valuation
Conclusion and Questions
Learning Objectives
Understand the organization and implementation of physician compensation schemes
Learn how variations in the design and implementation of physician compensation systems can impact the value of a contract
Clarify market conditions and trends and what they mean for compensation long term
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