5 Compensation Strategies to Help Retain Primary Care Physicians

Recruiting primary care physicians has become a majority priority for hospitals and health systems, and having the right compensation model could help with the process.

Chad Stutelberg, executive vice president and practice leader at Integrated Healthcare Strategies, recently penned an article on five ways hospitals can better recruit and retain primary care physicians through compensation strategies.

1. Use hospitalists to take call instead of primary care physicians.

2. Encourage primary care physicians to work with advanced practice clinicians, but ensure that all compensation models account for the use of advanced practice clinicians.

3. Because many primary care physicians have 5 to 15 percent of their income based on clinical quality outcomes, make sure they have reliable access to electronic health records.

4. Formulate primary care committees and governance positions, and compensate physicians who take part in those activities.

5. Minimize primary care physicians' administrative burdens through the right management systems and support staff.

More Articles on Physician Recruitment:

National Health Service Corps Initiative Repays Med Students' Loans
Physician Recruitment Trends: 2012 Statistics and What it Means for the Future
AAFP Report: Increase Primary Care Compensation to Combat Physician Shortage

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers