Do physician leadership and finance see compensation transparency the same way?
Your organization may have current compensation agreements, fair market value documentation, and established benchmarking practices. But do physician leaders and finance teams agree on how transparent those processes really are?
Ludi’s Physician Pay Transparency Self-Assessment helps hospitals, health systems, and physician groups identify gaps between how compensation is documented, managed, and understood.
Developed by Ludi’s Physician Compensation & Strategic Services team, this practical self-assessment provides a structured way for physician leadership and finance to evaluate compensation transparency together.
Want to Understand the Approach Behind the Assessment?
Read Eric Leafgreen’s article, Physician Pay Transparency: Why Leadership and Finance Must Align, to explore why physician leadership and finance may view transparency differently and how to turn your results into action.
Overview
Physician compensation transparency requires more than explaining a physician’s salary. It means understanding how each component of compensation is calculated, supported, communicated, and reviewed.
This downloadable assessment includes 10 scored statements across five essential areas of physician compensation transparency.
Both participants complete the assessment independently, compare their scores, and identify where expectations or understanding may differ.
What You’ll Assess
Compensation Structure and Documentation: Are all compensation components clearly defined and documented?
Fair Market Value and Compliance Rigor: Can your organization produce the FMV rationale and supporting documentation for each arrangement?
Benchmarking Practices and Data Sources: Are your compensation benchmarks current, consistent, and identifiable?
Communication to Physicians: Can physicians understand and review their compensation and productivity information?
Governance and Review Cadence: Are compensation arrangements regularly reviewed across the appropriate leadership functions?
What’s Included
- 10 assessment statements covering five dimensions of transparency
- A consistent 1–5 scoring approach, for a total of 50 possible points
- Guidance for interpreting assessment results
- A method for comparing physician leadership and finance perspectives
- A 90-day action-planning table to assign next steps and accountability
Who Should Download This Assessment?
This resource is designed for physician executives, chief medical officers, CFOs, physician compensation and finance leaders, and other healthcare leaders responsible for compensation oversight.
For the most useful results, have a physician leader and a finance or compensation leader each complete a copy independently before discussing their answers.
Take the First Step Toward Greater Compensation Transparency
Discover where your organization has alignment—and where differences in understanding may warrant a closer look.
This self-assessment is intended to support internal discussion and improvement planning. It is not a regulatory compliance certification or a substitute for legal advice. Consult qualified counsel regarding applicable physician compensation and pay transparency requirements.