AHLA Health Care Transactions Program May 3, 2019
May 3, 2019
Fruition through Execution: Value-Based Compensation
AHLA Health Care Transactions Program
JW Marriott Nashville Hotel
Join HORNE Healthcare Partner Greg Anderson, CPA/ABV, CVA, and Vanderbilt UMC General Counsel & Secretary Michael J. Regier as they present Fruition through Execution: Value-Based Compensation at the AHLA Health Care Transactions Program.
The past decade has seen increased physician practice acquisition activity by health systems, payers, retailers, and private equity investors, along with a steady movement toward increased value-based payment (VBP) by public and private payers. As a result, many health systems have experienced varying degrees of success in incorporating quality measure incentive compensation provisions in physician employment and other service arrangements. Even with legacy value-based compensation models in place, hospitals have no assurances that compensation on quality metric attainment will achieve goals of stronger integration and improved VBP reimbursement. Moreover, without consideration of practice economics and VBP earnings streams, reliance on traditional analysis is less effective in documenting fair market value and commercial reasonableness.
Topics will include:
- Challenges and opportunities encountered by hospitals and health systems as they evaluate how to transition from purely productivity-based physician compensation models in the new value-based reimbursement realm
- Key legal and practical constraints affecting value-based compensation models
- Issues in establishing fair market value and commercial reasonableness in value-based compensation arrangements
- The use of data to inform value-based hiring and contracting decisions
- Challenges in executing deliberate and measured incentive model transformations
- Maintaining transparency, trust, and equity
For more information about this event, click here.