Quick Guide to Buying Physician
Payment Automation Software

70% of Hospitals are Unsatisfied with Physician Payment Processes

  1. Too much paperwork and manual processes
  2. Old, outdated contract management systems don’t meet current needs
  3. Executive teams need more visibility into physician payments
  4. Compliance teams demand better documentation for Stark Law and Anti-Kickback compliance

Physician payment automation technology can solve all of these operational challenges.

What is Physician Payment Automation?

Physician payment automation systems are purpose-built to help hospitals automate and streamline physician payment processes.  Hospitals who automate physician payment processes gain:

  • A reduction in administrative time processing physician payments
  • Increased visibility into payments
  • Heightened compliance safeguards
  • Happier, more engaged physicians and staff

What Should You Look for in a Physician Payment Automation System?

The most important capabilities hospitals look for in physician payment automation system are:

  • A single integrated solution to manage any type of compensation arrangement (wRVU, medical directorships, on-call, teaching, etc.)
  • An easy-to-use tool for physician documentation of time logs
  • Automated approvals and payment calculations
  • Executive-level reporting and visibility into provider payments
  • Safeguards to ensure compliance with Fair Market Value and regulations like Stark Law

Are you ready to find out how physician payment automation can help your organization?

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