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Physician Compensation Services

The Need

Compensation issues are typically sensitive topics for group medical practices. Many groups are still using compensation systems developed early in the life of the firm. These systems may not recognize changes in group membership or the organization's goals.

In addition, as managed care becomes a larger and larger share of group revenues, compensation systems developed in the days of fee-for-service only may jeopardize the long-term viability of the group.

Our Services

Because compensation issues are often complex and of a sensitive nature, it often makes sense to bring in an outside and objective party to analyze the current system and make recommendations of needed improvement.

Latham Consulting Group can help your group review its compensation system to see if it continues to meet the needs and desires of the members of the group. If not, revised compensation goals can be identified, and new compensation criteria can be developed, evaluated and implemented.

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