4 Physician Compensation Challenges You Can Solve With Performance Suite

Many health systems are struggling to improve the efficiency and effectiveness of their physician compensation processes.

Most commonly, they grapple with key issues such as:

• Complex payment models
• Lack of transparency
• Regulatory compliance
• Data management

It’s why organizations like yours are turning to Performance Suite – Clinician Nexus’ innovative physician compensation software platform trusted by 100+ health care organizations and 50,000+ physicians and APPs.

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How Performance Suite Improves Physician Compensation Administration

1. Simplifies Complex Payment Models.

The transition to value-based care and other complex payment models requires precise tracking and calculation of various performance metrics. Performance Suite simplifies this by automating compensation calculations based on client-defined performance metrics. It integrates data from multiple sources to help reduce administrative burden and automate analysis to provide a more comprehensive view of performance and compensation.

Performance Suite simplifies this by automating compensation calculations based on client-defined performance metrics. It integrates data from multiple sources to help reduce administrative burden and automate analysis to provide a more comprehensive view of performance and compensation.

2. Enhances Transparency and Trust

Unclear compensation processes can lead to mistrust and dissatisfaction among physicians, which can affect their engagement and productivity.

Performance Suite provides real-time insight into progress against goals and detailed breakdowns of compensation calculations to help enhance transparency and trust.

3. Supports Regulatory Compliance

Adhering to complex regulatory requirements – including Stark Law, the federal Anti-Kickback Statue, and various IRS guidelines – is complex and demanding.

Performance Suite supports compliance by consolidating all compensation-related data into a single, auditable system. It provides visibility into physician compensation structures and contract terms to mitigate the risk of non-compliance.

4. Streamlines Data Management

Integrating and accurately managing data from multiple sources is challenging, leading to potential errors and inefficiencies.

Performance Suite consolidates data from various systems into a unified platform to help improve data accuracy and support critical decision-making.