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The presentation will examine how one health system modernized provider compensation resulting in continued growth and optimal performance.
HAUPPAUGE, NEW YORK - In an upcoming presentation, “Modernizing Provider Compensation Governance: A Health System Perspective,” Jared Steele, Vice President of Heisenberg II from Hallmark Health Care Solutions (HHCS), will share how one health system discovered tremendous value in implementing technology to automate, standardize, and streamline provider compensation and contract management.
“Health systems are facing steep competition for top physician talent, and the right approach to contracting and compensation can make a meaningful impact on the physician experience, not just with contracting and onboarding, but throughout the entire relationship,” said Steele. "Smart automation creates the path to a more satisfied, engaged physician workforce, which means improved recruitment and retention alongside a host of operational efficiencies and other benefits.”
Steele’s session is part of The 2023 Medical Practice Excellence: Financial and Operations Conference, hosted by the Medical Group Management Association (MGMA) on March 19-21 in Orlando, Fla. The three-day event will offer valuable insights from both financial and operations disciplines, highlighting topics that will shape the future of healthcare from leading industry experts.
During Steele’s presentation, which will take place on Monday, March 20, at 2:20 p.m. EST, he will explain how one health system successfully aggregated their compensation plans, contract terms, and documentation of services rendered to automate compensation administration.
Key takeaways will include:
• The components that are most instrumental to modernizing provider compensation and contracting
• How automated provider compensation can optimize staffing allocation, enable cost savings, and produce faster contracting and compensation processes
• How automation can better retain and recruit top talent and further reduce provider turnover
Those attending MGMA are strongly encouraged to join this session for real-world insight. To learn more about smart automation for optimizing provider compensation, visit www.hallmarkhcs.com.
