Miscellaneous
Matt BonDurant and Jack Liu join Mark Reiboldt to continue the compensation automation discussion and why providers need to drive strategy and alignment. Matt, Jack, and Mark discuss the opportunity costs of compensation management, effective compensation models that will drive results, and how telehealth is impacting provider compensation plans. Contact Information Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, or your preferred podcast provider. Like what you hear? Leave a review! Not there? Let us know! We welcome all feedback from our listeners. Please submit questions on any of the topics we discuss or about issues that interest you. You can also recommend topics for future episodes. Email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Episode Synopsis Matt, Jack, and Mark discuss the importance of aligning physician compensation to a hospital or medical group’s goals and the existing gaps between strategy and operations. Most healthcare providers manually calculate provider compensation to administer compensation plans, resulting in several manual business processes that are prone to human error or interpretation. Matt and Jack explain common issues they find when reviewing provider compensation plans, and they discuss effective compensation practices to achieve strategic goals. Extras Physician Compensation Partnership Redefines Value Blog: Solving the Compensation Conundrum Episode 18: Physician Compensation: Automation Solutions with ProCARE Portal