Provider Performance Management Technology™ Metrics Performance

PPMT™ is a scalable, configurable, cloud-based technology solution that delivers transparent performance-based compensation administration, reporting, and analytical capabilities while providing physicians, advanced practice providers (APPs), and executive and operational leaders insights into APP and physician performance metrics.

Accurate tracking and reporting of clinical pay and physician performance metrics builds trust and increases engagement with physicians and APPs and enables leadership to establish, track, and deliver upon organizational objectives that drive meaningful performance improvement. Designed to address a spectrum of physician, leadership and other key stakeholder needs, PPMT™ combines years of health care compensation insight and expertise with an intuitive, automated technology platform to help drive physician and APP performance and support the transition from volume to value-based care.

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PPMT™ can help to improve the efficiency, accuracy and efficacy of your physician compensation and performance management programs.

Overview

As organizations increase focus on aligning the physician and APP workforces with strategic initiatives, they are looking for ways to improve access, quality, service and affordability. Hospitals, health systems and medical groups are challenged to define provider performance and design compensation programs that support their performance. Selecting the right metrics to measure and reward physicians and APPs is critical. PPMT™ tracks and aggregates Metrics and Performance by individual physician/APP and by location, division, specialty, or entire organization.

Key Features and Benefits

  • Offers timely metric aggregation and performance reporting
  • Tracks and aggregates metrics and performance by individual physician/APP and location, division, specialty, or entire organization
  • Compares performance to organizationally defined targets
  • Decreases the risk for human error, increases transparency, and paints a full picture for physicians and leaders to understand current and historical performance
  • Provides visibility into performance by metric at multiple levels in the organization with individual and aggregated results
  • Measures and improves physician performance through actionable insights
  • Supports organizational initiatives to engage in team-based care by calculating team performance
  • Automatically calculates performance metrics against specific targets, removing the burden of manual calculation from administrators
  • Aggregates roll-up reports giving healthcare organizations the ability to make decisions (i.e. growth of service line) based on reliable data and helps them understand opportunities for performance improvement
  • Provides a central source of information for physicians, APPs and administrators that is automated, accurate, and reliable
  • Offers visibility into performance and compensation to help physicians and APPs stay engaged, which can increase retention and reduce costly turnover

Value by Stakeholders

Administration
  • Maximizes efficiency when working with data
  • Engages providers in the transition to value-based care
  • Aligns compensation and performance
  • Consolidates data from many disparate systems to create a single source of truth
  • Provides sophisticated, client customizable rules that offer flexibility when determining performance calculations
Physicians and APPs
  • Accurately compares individual and team performance against targets
  • Provides actionable insights into how to improve performance, leading to increased provider engagement
  • Promotes team performance improvement by providing detailed results for everyone on the team
  • Creates a reliable source of truth for reviewing performance on all metrics
Leadership
  • Provides trustworthy insights into metrics performance by groups, locations, specialties and more
  • Enables leaders to test different scenarios for changes in teams and processes
  • Aligns with organizational objectives by selecting, tracking and measuring metrics
  • Allows leaders to pilot new metrics and assess financial impact prior to implementation

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Client Testimonial

“When providers know there is transparency, they know the organization is vested in them and their performance. This creates a solid partnership, promoting success, engagement, and increased trust in the data. Frequent access to financial and personal performance increases provider satisfaction. This encourages providers to operate at their fullest potential as they can quickly see the benefit of doing so.

Design Studio

Our Design Studio team of experts work with clients to understand their unique challenges and needs. This enables us to recommend tailored, right-fit programs for our clients that maximize existing resources while addressing critical compensation or performance management needs.

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