COMPENSATION MODELS FOR PHYSICIANS
HYBRID MODELS
Combination of Salary and Productivity: Physicians receive a base salary with additional compensation based on productivity, quality measures, or other performance metrics. Global Payment Model: A fixed payment covers a wide range or services for a patient population, incentivizing coordinated and efficient care.
Independent Contractor: Physicians are paid per service or on a contractual basis and are responsible for their own benefits and taxes. Practice Ownership/Partnership: Physicians have ownership stakes in the practice, sharing in the profits and decision-making processes. Compensation may include salary, dividends, and profit sharing. CONTRACTUAL AND OWNERSHIP MODELS Accountable Care Organizations (ACOs): Physicians share in the savings generated from providing high-quality, cost-effective care to a defined patient population. Savings are shared between the healthcare provider and payer. SHARED SAVINGS PROGRAMS
Concierge Medicine: Patients pay a retainer or membership fee for enhanced access and personalized care. Physicians often have smaller patient panels, allowing for more dedicated time per patient. RETAINER-BASED MODELS
Public Sector and Academic Positions: Physicians working in government-funded institutions or academic centers may recieve salaries funded by public sources, often including benefits such as loan repayment programs. GOVERNMENT AND INSTITUTIONAL SALARIES
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