Streamline physician contracts and ensure accurate compensation delivery
Health care organizations frequently rely on a mixture of physician-hospital affiliation relationships that cover both employed and non-employed physicians. Accessing and managing these highly variable, and often hard copy, physician contracts and linking them to compensation commitments is difficult.
By connecting with contract lifecycle management systems, Performance Suite increases visibility by directly connecting these contracts to compensation. This centralized and transparent platform facilitates mutual awareness and understanding of contract promises and decreases the legal risk of unmet obligations.
- Audits and proactively addresses variances between calculated compensation and contract requirements
- Increases efficiency by streamlining stakeholder actions throughout the entire contract lifecycle
- Alerts team to contract terminations to proactively foster renegotiations
- Notifies compensation team of newly hired physicians automatically
- Supports system-wide physician contract compliance with an enterprise-ready solution
- Creates visibility into contracts, including all amendments, for the compensation team and individual physician
- Enables the organization to identify triggers in contract variability and take appropriate action through dynamic visibility between contracted and earned compensation
- Improves mutual awareness and understanding of contract commitments and negotiations between administrators and physicians
Build provider trust through transparent compensation.
Align compensation to organizational goals and empower physicians and advanced practice providers (APPs) through transparency into contracts, productivity, and all forms of pay.
Accurate tracking and reporting of clinical pay and performance builds trust and increases engagement with physicians and APPs. It enables leadership to establish and deliver upon organizational objectives that drive meaningful performance improvement. Designed to address a spectrum of physician, leadership and other key stakeholder needs, Performance Suite combines years of health care compensation insight and expertise with intuitive, automated software to help drive physician and APP performance and support the transition from volume to value-based care.
“Performance Suite will now enable us to automatically deliver extensive supporting documentation with drill down capabilities for our clinicians to access any time they want. Providing this visibility and transparency is critical as we navigate an increasingly complex and rapidly changing health care environment.”
Build, reward, and retain your clinical workforce.
- Reduces errors and creates administrative efficiencies through a single, automated system containing both physician compensation and contracts
- Ensures all parties receive necessary
information through secure user access - Creates cloud-based document storage
for reliable and secure record-keeping - Audits to proactively manage any
contracted compensation changes
- Helps improve provider engagement and trust that contractual commitments are being met through increased transparency
- Forms a single source of information for personal contract and pay data
- Reduces legal risk by ensuring contract obligations are met
- Increases retention by enabling transparent visibility into contract terms and compensation programs
- Builds trust with clinical workforce through proactively addressing renewals and changes in contracted compensation
