Ask An Advisor: Understanding APP Compensation Models
Download MP3In this episode of MGMA's Ask An Advisor podcast, we feature Senior Advisor Cristy Good talking about APP and NP compensation structures.
MGMA Resources discussed:
Physician compensation model tables: https://www.mgma.com/member-tools/sample-physician-compensation-model-tables
Provider Compensation Data Report for 2023: https://www.mgma.com/data-report-provider-comp-2023
July Connection Magazine: https://www.mgma.com/content/july-2023-mgma-connection-magazine
AMA study on physician shortages: https://www.ama-assn.org/practice-management/sustainability/doctor-shortages-are-here-and-they-ll-get-worse-if-we-don-t-act
Roadmaps to Value-based Profitability: https://www.mgma.com/books/roadmaps-to-value-based-profitability-a-practice-transformation-guide
RVUs: Applications for Medical Practice Success: https://www.mgma.com/books/rvus-applications-for-medical-practice-success-3rd-edition
Sponsor:
CareAllies:
Healthcare is complicated. But you don’t have to navigate the complexities alone. CareAllies collaborates with physician organizations to solve some of the toughest challenges on the path to value-based care. As your organization works to effectively manage your more vulnerable patient populations, enhance outcomes, and improve data analytics, CareAllies bring the people, technology, and processes to support you - so you can focus on practicing medicine. Visit www.careallies.com to see how they can help to radically simplify value-based care.
Additional Resources:
Ask an Advisor: www.mgma.com/ask-an-advisor
MGMA Membership: www.mgma.com/membership
MGMA Advocacy: www.mgma.com/advocacy
MGMA Consulting: www.mgma.com/consulting/overview
Mentorship Program: www.mgma.com/membership/landing…rogram-application
This episode is sponsored by MGMA Events.
If you would like additional tools and resources related to medical practice leadership email us at podcasts@mgma.com.
Thank you again for taking the time to listen to MGMA’s Insights podcast.
In this episode of MGMA's Ask An Advisor podcast, we feature Senior Advisor Cristy Good talking about APP and NP compensation structures.
MGMA Resources discussed:
Physician compensation model tables: https://www.mgma.com/member-tools/sample-physician-compensation-model-tables
Provider Compensation Data Report for 2023: https://www.mgma.com/data-report-provider-comp-2023
July Connection Magazine: https://www.mgma.com/content/july-2023-mgma-connection-magazine
AMA study on physician shortages: https://www.ama-assn.org/practice-management/sustainability/doctor-shortages-are-here-and-they-ll-get-worse-if-we-don-t-act
Roadmaps to Value-based Profitability: https://www.mgma.com/books/roadmaps-to-value-based-profitability-a-practice-transformation-guide
RVUs: Applications for Medical Practice Success: https://www.mgma.com/books/rvus-applications-for-medical-practice-success-3rd-edition
Sponsor:
CareAllies:
Healthcare is complicated. But you don’t have to navigate the complexities alone. CareAllies collaborates with physician organizations to solve some of the toughest challenges on the path to value-based care. As your organization works to effectively manage your more vulnerable patient populations, enhance outcomes, and improve data analytics, CareAllies bring the people, technology, and processes to support you - so you can focus on practicing medicine. Visit www.careallies.com to see how they can help to radically simplify value-based care.
Additional Resources:
Ask an Advisor: www.mgma.com/ask-an-advisor
MGMA Membership: www.mgma.com/membership
MGMA Advocacy: www.mgma.com/advocacy
MGMA Consulting: www.mgma.com/consulting/overview
Mentorship Program: www.mgma.com/membership/landing…rogram-application
This episode is sponsored by MGMA Events.
If you would like additional tools and resources related to medical practice leadership email us at podcasts@mgma.com.
Thank you again for taking the time to listen to MGMA’s Insights podcast.
CareCredit
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.