The Physicians’ Advantage Plan™
In today’s regulatory environment, attracting, retaining and motivating physician talent is difficult and costly. Hospitals are challenged with the need to provided new physician benefits that are sustainable and unique.
The Physicians’ Advantage Plan™ creates a competitive edge for your hospital. Our proven compensation methods may be applied to hospital-based physician payments like on-call compensation, directorships and administrative supplements.
The program’s unique design increases efficiency, helps stabilize budgets and sustain physician benefits over the long term.
Key Advantages and Benefits
Physician Advantages
Ability to defer current state and federal income taxes and invest on a pre-tax basis
Ability to defer all or a portion of eligible compensation and change elections annually
Flexible distribution options (minimum three-year deferral period)
Distributions may be linked to specific life events such as college education funding or retirement planning
Hospital Advantages
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Improved physician alignment and satisfaction
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Creation of a unique market differentiation tool
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Cost containment and expense recovery through efficient plan design
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Improvements in recruiting and retention
Want to Learn more? Let’s Talk
Every healthcare organization is unique. Our solutions are designed to be customized in order to fit your needs. If you would like to find out more about us and our solutions or simply discuss your organization's compensation challenge, complete the form below and we will arrange a call with one of our consultants.