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Pay for Performance<br>This case requires the development of a physician compensation scheme for a four-physician family<br>practice. The model uses historical data for inputs along with information regarding the amount and<br>type of compensation to be based on performance and how performance is measured.<br>
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DISCUSS WHY MANAGING A PHYSICIAN PRACTICE / TUTORIALOUTLET DOT COM
DISCUSS WHY MANAGING A PHYSICIAN PRACTICE / TUTORIALOUTLET DOT COM Discuss why managing a physician practice FOR MORE CLASSES VISIT www.tutorialoutlet.com Pay for Performance This case requires the development of a physician compensation scheme for a four-physician family practice. The model uses historical data for inputs along with information regarding the amount and type of compensation to be based on performance and how performance is measured. The model consists of a complete & quot; base case & quot; analysis--no changes need to be made to the existing MODEL-GENERATED DATA section. However, some values in the student version INPUT DATA section have been replaced with zeros. Thus, students must determine the appropriate input value and enter them into the cells colored red. When this is done, any error cells will be corrected and the base case solution will appear. Note that the model does not contain any risk analyses, so students will have to create their own if required by the case. Furthermore, students must create their own graphics (charts) as needed to present their results. INPUT DATA: KEY OUTPUT: Compensation System Parameters: Physician Compensation: Total amount in base pay $300,000 Total amount in performance
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