Compensation and the Impact on Radiology Practices
Compensation and the Impact on Radiology Practices • October 9, 2013 • Brent J. Wagner, MD • Online
Radiology groups are challenged to adopt compensation policies that are fair, easy to manage, and minimize disruption to operational goals (both short- and long-term). In addition, many practices consider imaginative solutions to deal with increasing clinical demands for after-hours and subspecialty coverage, and struggle with productivity-based systems that can be divisive if poorly implemented. This session will review advantages and disadvantages of compensation plans that recognize radiologist work as a combination of both direct billable service and clinical presence.
- Describe models that allow for a balance between operational flexibility and professional satisfaction.
- Identify pitfalls of compensation schemes that over-emphasize financial productivity.
- Cite advantages of establishing a common understanding in the context of balancing the workload among radiologists in a group.