Physician / Provider Compensation Modeling & Analysis

One of the most challenging aspects of any private practice is the compensation model. Physicians and providers value time and lifestyle more than ever, which is hard, if not impossible, to accommodate with a one-size-fits-all compensation model. From the administrators viewpoint, adjusting physician and provider compensation is one of the biggest minefields one can encounter. Having an outsider’s point of view to this challenging subject allows InnoMed to analyze the current model and make recommendations based on best practices, not on past history or politics. InnoMed has worked with private practices across the specialty spectrum to evaluate and design compensation models that are fair and equitable to all parties involved in the practice, from physician owners, to employed physicians, to mid levels–regardless of FTE status. We provide turn key solutions for our clients on a daily basis. For more information, contact InnoMed Management Group based in Lincoln, Nebraska today.