How to use your RVU-based physician compensation formula to promote fairness and profitability at your medical practice.
Medical practices nationwide are already using relative value units, or RVUs, to compensate physicians.
But one expert says he has a formula that can not only reward provider productivity, but also promotes fairness and practice profitability at the same time.
In this podcast, Frank Cohen, senior analyst for Florida-based consulting firm Frank Cohen Group LLC, discusses this model that uses a compensatory method of collections per work RVUs to benefit your medical practice, while also helping identify those physicians "gaming
the system."
Cohen will present the model at this year's MGMA12 Conference in San Antonio on Tuesday, October 23.