Snapshot
Understanding current performance and its impact on current and projected compensation is critical. Compensation Management provides comprehensive visibility into performance and productivity metrics for individuals and collective groups, while automating compensation calculations to ensure that contractual obligations are met. It provides leadership, physicians, and APPs with ongoing insights into how performance affects compensation. By consolidating information from numerous disparate systems and providing a single source of accurate performance and pay data, Compensation Management reduces administrative time and effort and increases provider trust, engagement, and retention for a comprehensive view of compensation performance management.
Built for You: Features and Value
- Tracks, aggregates, and compares performance to organizationally defined targets by location, division, specialty or organization.
- Calculates earned and projected annualized compensation.
- Manages a wide variety of compensation components.
- Integrates compensation earned from all sources to create a single source of truth for physician and APP pay.
- Easily manages and streamlines annual compensation draws and payroll adjustments through a centralized, automated, secure, and auditable source.
- Generates accurate and on-time payments through automated compensation calculations.
- Improves visibility into performance by metric at multiple levels in the organization with individual and aggregated results.
- Provides ongoing insights into how performance affects compensation; an opportunity to change performance with direct impact to compensation.
- Helps measure and improve physician performance through actionable insights.
- Creates a single source for compensation performance management that automatically calculates performance metrics.
- Manages one-off payments effectively.
How We Create Value for Every Role
Administration
- Reduces, identifies, and reconciles errors.
- Automates tools and processes.
- Consolidates data from many disparate systems to create a single source of truth.
- Increases efficiency and accuracy.
- Creates transparency and alignment across departments.
Physicians & Apps
- Calculates accurate and trustworthy pay.
- Delivers actionable ways to improve performance, leading to increased provider engagement.
- Provides visibility into peer performance.
- Offers timely access to individual performance and pay data.
Leadership
- Allocates compensation fairly across teams.
- Provides transparent insights into shift and location productivity.
- Reduces risk through automation and consistency.
- Delivers reliable insights into current organizational performance (by location, specialty, group, etc.) vs. defined targets.
