Compensation

In the midst of a challenging economy, shrinking reimbursement from third party payers, and an overall trend in the healthcare industry where physician employment is again on the rise, the multitude of issues related to physician compensation require special attention. Adapting to the current environmental challenges can involve the redesign of a compensation plan for a private physician practice, developing and implementing a compensation methodology for hospital-employed physicians, or ensuring payments between hospitals and physicians are in compliance with Stark and Anti-kickback statutes. Coker's compensation experts can provide you with the following services relative to physician compensation:

• Private Practice

  • Assisting in the development of a new/revised income distribution plan
  • Developing a compensation structure for a newly added employed physician
  • Negotiating income guarantee agreements or other recruitment assistance with hospitals
  • Performing fair market value analyses to assist practices in negotiating emergency department on-call coverage compensation or larger service line management agreements

• Hospitals

  • Developing/redesigning compensation plans for employed physicians
  • Providing fair market value opinions for a variety of hospital-physician transactions, including:
    • Employed physician compensation packages
    • Medical directorships
    • Emergency department call coverage
    • Information technology service agreements
    • Stipends for hospital-based physicians
    • Other transactions between hospitals and physicians