CV Transforum Spring'19 – Value-Based Care Compensation Plan/Unique Compensation Model
Posted on: April 4, 2019
JOSEPH GOEKE, MD, FACC, SAINT LUKE’S MID AMERICA HEART INSTITUTE CARDIOVASCULAR CONSULTANTS; KANSAS CITY, MO
ARIE SZATKOWSKI, MD, THE STERN CARDIOVASCULAR CENTER, PA; GERMANTOWN, TN
JOEL SAUER, MBA, EXECUTIVE VICE PRESIDENT, MEDAXIOM CONSULTING; FORT WAYNE, IN
We have been talking about the transition to a value-based economy in healthcare for nearly a decade, yet in 2019 the vast majority of revenue is still derived from volume. At the same time, cardiology has become deeply sub-specialized with new focus areas like structural heart and heart failure, challenging reward systems built on work Relative Value Units (wRVUs). For best patient care this complex cardiovascular system must act like a unified team. So in this sometimes polarized environment what is the best method for compensating physicians? Two MedAxiom member programs will highlight their respective answers to this question, showcasing unique compensation models for cardiology in these challenging times. Aspects that work well and challenges will be discussed in a panel-style format that will include audience participation.
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