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Physician Contracts

An archive of all posts categorized under “Physician Contracts” in the Ludi blog.

Healthcare analytics concept with a physician holding a pencil, typing on a laptop, with charts and a stethoscope in view

5 Misconceptions About Physician Payment Automation

Automation can be a boon to your hospital’s administration, as well as a major time saver. We all want technology to help us do our jobs better and faster. Yet, there are some misconceptions when it comes to automation, and, in particular, physician payment automation. At Ludi, we have found that the implementation process is […]

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New OIG Compliance Program Guidance: 4 Key Takeaways and the Impact on Hospital-Physician Relationships

On November 6, 2023, the Office of Inspector General (OIG) overhauled its General Compliance Program Guidance (GCPG) after many years. This long-awaited resource is already making a big splash in the health care compliance community. There are two ways to think about the GCPG. On one hand, it represents a comprehensive reference guide for health

New OIG Compliance Program Guidance: 4 Key Takeaways and the Impact on Hospital-Physician Relationships Read More »

Medical concept featuring a stethoscope and placed on a calendar against an aqua blue background

5 Key Steps to Successfully Managing a Physician On-Call Strategy 

Managing on-call physicians poses challenges for hospitals. Staffing certain specialties 100% of the time is not necessary, which is why on-call services are essential. In addition, hospitals negotiate separate payment terms for on-call physicians. All of this makes managing on-call complex and time-consuming, increasing administrative burden on hospital teams. Here are 5 key steps to

5 Key Steps to Successfully Managing a Physician On-Call Strategy  Read More »

Skyline of Nashville after a storm

The Challenging World of Provider Compensation: 5 Takeaways from AAPCP’s Annual Conference

The American Association of Provider Compensation Professionals (AAPCP) held its annual event last month in Ludi’s hometown of Nashville, TN. It was a great gathering that included hundreds of participants from health care organizations across the country. Here, we’ll cover the 5 key takeaways…

The Challenging World of Provider Compensation: 5 Takeaways from AAPCP’s Annual Conference Read More »

Downtown Chicago Skyline

10 Key Themes I Heard at This Year’s Becker’s Hospital Annual Conference

Earlier this month, some of my colleagues and I attended the Becker’s 13th Annual Meeting in Chicago. As always, Becker’s puts on a top-notch conference, and this year was no different. In fact, the show was filled with substantive panels of hospital and payer executives, inspiring keynotes (including celebrities like Magic Johnson and Mark Cuban,

10 Key Themes I Heard at This Year’s Becker’s Hospital Annual Conference Read More »

A physician typing on a laptop with a stethoscope in front and in focus

5 Things to Watch for with Hospital-Physician Relationships in 2023

It’s a new year and while many of us are looking for a fresh start, the hospital industry is still reeling from last year’s challenges, both the ongoing impact from Covid, staffing and inflation. Additionally, although the endowment funds were producing dividends in the past decade, it has dramatically slowed with the stock market pulling

5 Things to Watch for with Hospital-Physician Relationships in 2023 Read More »

Close-up of a pink porcelain piggy bank with a vintage hourglass behind, concept of saving money and passing time

How to Set Up and Manage Hospital-Based PSA Contracts That Save Time and Money

In the world of hospital payments, PSA refers to a physician service agreement. These types of contracts are a form of alignment between hospitals and physicians, although the physician is not employed by the hospital. PSAs can be with an individual physician for something as simple as a medical directorship, or it might be with

How to Set Up and Manage Hospital-Based PSA Contracts That Save Time and Money Read More »

Pastel hued post it notes set on a wooden surface with a question mark inside each note

The Right Questions to Ask When Managing Physician Compensation, and Why All the Cool Kids Are Doing it

Remember in high school, the group of cool kids everyone really admired? They wore cool clothes and always found a way to make eating lunch cool, too. The reality is, those kids were interesting, but the kids I’m referring to were the ones who asked probing questions. The ones who brought new insights into the

The Right Questions to Ask When Managing Physician Compensation, and Why All the Cool Kids Are Doing it Read More »

Emergency Room entrance at a hospital at night.

4 Ways to Optimize Your Strategy Around Physician On-Call Contracts

Nearly all hospitals have to manage on-call contracts. Whether you run a large hospital, trauma center or a small private hospital, chances are you have on-call physicians. There are several factors that make compensating on-call physicians tricky though. From rate differentiation and adhering to fair market value (FMV), to contract type, we’ll explore a few

4 Ways to Optimize Your Strategy Around Physician On-Call Contracts Read More »

Business analytics and financial concept, Plans to increase business growth and an increase in the indicators of positive growth floating above digital screen.

3 Trends That Will Impact Physician Compensation in 2022, and Why Automating Creates a Good Pathway Forward

Let’s face it, 2021 was yet another challenging year for healthcare providers. Hospitals nationwide worked hard to provide for their patients in a very uncommon time, while trying to remain profitable and operationally sound. But what does 2022 have in store for hospitals, specifically when it comes to the increasingly complex world of physician contracts

3 Trends That Will Impact Physician Compensation in 2022, and Why Automating Creates a Good Pathway Forward Read More »

Filing cabinet with a single yellow folder in an open drawer

Hear Me Out: Why Physician Contracts Don’t Belong in a Contract Management System

It’s no secret that hospitals, on average, partner with thousands of vendors throughout the year to ensure their business runs smoothly. They contract with vendors to supply many items, from paper towels and paperclips to sutures and implants. A contract management system is used to keep all these individual contracts in order, so this technology essentially

Hear Me Out: Why Physician Contracts Don’t Belong in a Contract Management System Read More »

Image of a chess board with king and queen standing amongst fallen pawns

Our Tips for a Rock-Solid Physician-Contract Strategy in 2021

Here at Ludi, we’ve been fortunate over the years to work with wonderful hospital clients throughout the country. Through these different collaborations, we’ve identified a number of best practices that can help hospitals better manage their physician contract strategies. If you didn’t catch our latest infographic on this very topic, here’s a recap of some of our

Our Tips for a Rock-Solid Physician-Contract Strategy in 2021 Read More »

Stethoscope placed on calendar

COVID-19 Takes Center Stage in the World of Physician Contract Strategy: Part 2

Last week, I posted about a recent webinar Ludi and MD Ranger conducted to address some of the impact of COVID-19 has had on hospital-physician contract strategies nationwide. My friend Allison Pullins, Vice President, Chief Strategy and Operating Officer at MD Ranger focused on how to avoid pitfalls of setting up physician contracts during the

COVID-19 Takes Center Stage in the World of Physician Contract Strategy: Part 2 Read More »

Doctor with Stethoscope Holding Piggy Bank Wearing Medical Face Mask

COVID-19 Takes Center Stage in the World of Physician Contract Strategy: Part 1

By now, just about everyone and every business has been impacted by the effects of COVID-19. Hospitals, and the overall health care delivery system, have taken a significant hit (to say the least). In a recent webinar hosted by Ludi, I joined forces with Allison Pullins, Chief Strategy Officer at MD Ranger, to talk about

COVID-19 Takes Center Stage in the World of Physician Contract Strategy: Part 1 Read More »

Exterior of a hopsital Emergency Room at dusk

Gallbladders & Physician Strategy. Getting a ‘Penthouse View’ of Physician Alignment

Yes, it sounds strange, right? Physician advocate blogger writing about her long-lost gallbladder and physician strategy connections. I tend to run pretty hard, and let’s face it, so does anyone working in health care these days. Whether you deliver the care or administrate the setting with which the care happens, your hair is on fire

Gallbladders & Physician Strategy. Getting a ‘Penthouse View’ of Physician Alignment Read More »

Young physician looking at mobile device representing medical directorship contracts

How to Create the Optimal Medical Directorship Contract for Your Physicians

Hospitals need physician partnerships in administrative leadership, so many provider organizations often choose arrangements known as “medical directorships” to help fulfill this work. These arrangements designate a physician leader to be responsible for a number of activities related to the delivery of medical care and clinical services. The “activities” typically include:  Cost management Utilization review Quality assurance

How to Create the Optimal Medical Directorship Contract for Your Physicians Read More »

Image of a hand dropping a penny into a jar of coins with a blooming plant depicting physician spend or physician pay

Stop Stepping Over Stacks of Money with Your Physician Spend!

As hospitals cut costs in every area, one of the last remaining protected buckets is physician contracts. What if I told you that you can cut 1% off your total spend this next year. Would you believe me? There are three solid ways to cut your spend, and actually, with data, all can be relatively painless.

Stop Stepping Over Stacks of Money with Your Physician Spend! Read More »

Physician signing a contract

Once a Year, Twice a Year, Never… How Often Should You Audit Your Physician Contracts?

“You can’t manage what you don’t measure.” This is not a new business axiom. And, it rings particularly true for hospitals when it comes to physician administrative contracts. Getting the data you need to manage these contracts can be a cumbersome task, one many people simply want to avoid, especially if the contracts are still

Once a Year, Twice a Year, Never… How Often Should You Audit Your Physician Contracts? Read More »

Assess your medical directorship strategy's strength & identify compliance risks with a 5-min self quiz.