physician compensation

Our Epstein Becker Green colleagues have released a new Take 5 newsletter: “Five Labor and Employment Issues Faced by Health Care Employers,” by Michael F. McGahan, D. Martin Stanberry, and Daniel J. Green.  Below is an excerpt:

As the Affordable Care Act and the challenges of reimbursement and funding for health care services

For a physician who has spent his or her whole professional life developing and growing a medical practice, the process of selling that practice can be a traumatic experience.  Typically, the physician may focus on the short term, attempting to maximize the price at which the practice will be purchased and the applicable payment terms. 

According to the 2011 Medical Group Management Association’s Physician Compensation and Productivity Report, more than one-third of physician group practices in the U.S. are using some type of “work relative value unit” (commonly known as a wRVU) structure for compensation purposes, and more than 60% of physicians are paid on the basis of some