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Physician Compensation Strategies

Monday, June 1, 2020   (0 Comments)
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June 10th Midwest MGMA Webinar

Join us for a FREE member webinar on Wednesday, June 10, 2020!

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Event Description

As often as the healthcare world is changing, updating physician compensation agreements tends to be further down on the to-do list. Just how often is it necessary to evaluate and modify a physician compensation plan? Is your practice recruiting and retaining physicians by offering fair and competitive compensation? This webinar will discuss how to examine your practice's physician compensation plan, outline the various models of calculating and implementing physician compensation plans, and how to ensure financial viability of the practice during this process. We will also discuss how to align physician incentives and rewards while maintaining the core mission, vision, and values of the healthcare organization.

Participants will learn:

  • Examine your physician compensation plan for strengths, weaknesses, and alignment opportunities.
  • Outline strategies for creating and/or changing a physician compensation model and how to implement into the practice.
  • Establish optimal quality and cost-effectiveness targets in incentive models to maintain financial viability.

Meet the Presenter

Lauren Duren, CPA, MBA

Lauren Duren, CPA, MBA

Lauren is a certified public accountant with over 7 years of experience in public accounting with an emphasis on healthcare consulting for the last 4 years. Her main responsibilities at Lutz include healthcare accounting and consulting, tax, and payroll compliance. She has assisted practices of varying sizes with the implementation of revenue enhancement strategies through practice data analysis and provider education. She aids in the creation and calculation of provider compensation and benchmarking. Lauren provides accounting assistance in many capacities - from tax and payroll compliance to outsourced CFO consulting. Lauren is affiliated with many healthcare organizations sponsored by Lutz such as The National Medical Group Management Association (MGMA), Nebraska MGMA, Nebraska Healthcare Information Management Systems Society (HIMSS), and Metro Omaha Medical Society (MOMS). Lauren is also a member of the American Institute of CPA's and the Nebraska Society of Certified Public Accountants.

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