what if only a quality measure is used? that is, 100 percent of performance pay is based on average patiention satisfaction score, 100 percent on blood pressure control target met, or 100 percent on breast cancer screening target met

One physician wants to base all compensation on performance. Assume that all of last year's total compensation of $720,000 is allocated on the basis of a single performance measure. What would be the total compensation of each physician based on each financial productivity, and quality measure? Comment on the results Question 5 Considering all relevant factors, develop a recommendation for the compensation plan to be implemented at the practice Be sure to include the following factors in your recommendation a. How much total compensation (base salary plus performance pay) should be allocated? b. How should the total dollar compensation be allocated between base salary and performance pay? c. What percentage of performance pay should be allocated for productivity? For financial performance For quality? d. Which productivity, financial performance, and quality measures should be used to allocate performance bay and what percentage of performance pay should be allocated to each measure? Explain your choices e. For each physician, compare current total compensation with the compensation after your pay for performance Which physicians would gain, and which would lose compensation? What is an implication of the gains and losses? ...xlsx Physician identifier 0 Total 30 50 90 30 0 30 50 CASE 2 ORLANDO FAMILY PHYSICIANS: Pay for Performance Model with Questions, Student Version This case requires the development of a physician compensation scheme for a fourchsician family practice. The model uses historical data for inputs along with information regarding the wount of compensation to be based on performance and how the performances analysis. Changes need to toeg MODEL-GENERATED DATA section. However, INPUT DATA the student spreadsheet have been replaced by rs Students museer of anderer them into the cells with values colored red. After this on any reas we corrected and the base case solution will wear. The KEY OUTPUT on noludes the most purtand out from the MODEL-GENERATED DATA section INPUT DATA KEY OUTPUT Physician Compensation Allocation Phan Tol Campeon Base salary Performance Day 10 Basalary Physican Performance Pay Allocation Prodvetvity Performance Pads Productivity Allocation Patient wit Patient visits WORVUS Work RVUS Professional procedures Professional procedures 04 Finca Perance Pay Financial Performance Cross charges Gross charges 09 Nacions Nel boletons 04 Netcombanghysicom Nelcome before Quality Performance Pay Quality Allen Averagestions Average atentation or 04 Brood pressure contrare net Blood pressure or argent De cancers were De cancer seng met To Performance Pay Phyo To Compensation MODELOENERATED DATA State Data Number Per Gross charges Pranger Net Reception 14863 Practice expenses Nurses 4 Suomes 2 152015 assos Bringer 102165 Sales Laboratory chain 54678 Toutes Town cop Net before phytom Prytane Bases Partney ROO60 0 0 200 000 0 0 0 0 0 0 0 . O 30 0 O To 30 0 50 50 50 50 50 30 375 298.351 139257 se 02 Orlando F. Show & do DOLL Chup Pich FO FM F42 FO FB FB F5 F7 F4 Page of 7 C ZOOM + Topscoreren Net Income after physician comp Physician Date: 27250 Patient vite Work RVU Professional procedura Gross charpes Nel collections Netime: Supports alocation Faites location Supplies allocation Net Income before physician comp Average patent satisfaction sore Blood pressure control target met Breast cancer screen target met Physician Performance Pay Phovalolan identifier Total 2013 31607 31688 16.000 4,067 5.066 8.475 4.987 20,164 0.250 0,072 7.287 6.742 www 3602,675 32.242.640 3421.872 51.747.000 we 3130.003 3522,313 374.668 374.500 374888 374.00 1290,351 3231270. 334.064 111420 133704 9130267 F100005 ar 3100 Yes Yes Yes No No Yes No No Physician identifier Total 4023 3.567 258 22.04 50 30 4.687 5.066 23.125.14 30 30 6.288 0.072 22.025.6% 30 30 3.000 4.244 25.19 28.0W 30 30 8,478 4,067 27.2% 24.0N 30 30 7.287 8.742 20.7% 24.74 50 30 16.000 100.ON 30 20,164 100.0% 30 27250 100 ON 30 Finan 235 23.04 5050 Productivity Day Patient visits Proportion of tot Performance pay Work AVUS Proportion of total Performance pay Professional procedures Proportion of total Performance Day performance Day Gross charges Proportion of total Performance pay Net collection Proportion of a Performance pay Nel income before physician como Proportion of Performance pay Quality pay Average patient store Proportion of tot Performance pay Blood pressure control target mer Proportion of total Performance Breast cancer screen target mer Proportion of tot Performance pay - WYes No 24.22304 30 30 3602675 32.242.648 20.09 2574 100.0% 50 50 50 3421.072 31,747.610 241 207 100.0 50 30 SO $171.103 3700063 21.74 33.44 100 ON 30 30 $0 2499 2018 50 50 80 10 254 2204 30 50 24.04 30 94 2004 30 333 30 0.0% $0 333 333 50 30 0 00W 100.0 50 30 350 10004 30 3 100.0% $0 1 1000% 30 0.0% 30 0.0% 30 Case 02 Orlando F...xlsx DOLL One physician wants to base all compensation on performance. Assume that all of last year's total compensation of $720,000 is allocated on the basis of a single performance measure. What would be the total compensation of each physician based on each financial productivity, and quality measure? Comment on the results Question 5 Considering all relevant factors, develop a recommendation for the compensation plan to be implemented at the practice Be sure to include the following factors in your recommendation a. How much total compensation (base salary plus performance pay) should be allocated? b. How should the total dollar compensation be allocated between base salary and performance pay? c. What percentage of performance pay should be allocated for productivity? For financial performance For quality? d. Which productivity, financial performance, and quality measures should be used to allocate performance bay and what percentage of performance pay should be allocated to each measure? Explain your choices e. For each physician, compare current total compensation with the compensation after your pay for performance Which physicians would gain, and which would lose compensation? What is an implication of the gains and losses? ...xlsx Physician identifier 0 Total 30 50 90 30 0 30 50 CASE 2 ORLANDO FAMILY PHYSICIANS: Pay for Performance Model with Questions, Student Version This case requires the development of a physician compensation scheme for a fourchsician family practice. The model uses historical data for inputs along with information regarding the wount of compensation to be based on performance and how the performances analysis. Changes need to toeg MODEL-GENERATED DATA section. However, INPUT DATA the student spreadsheet have been replaced by rs Students museer of anderer them into the cells with values colored red. After this on any reas we corrected and the base case solution will wear. The KEY OUTPUT on noludes the most purtand out from the MODEL-GENERATED DATA section INPUT DATA KEY OUTPUT Physician Compensation Allocation Phan Tol Campeon Base salary Performance Day 10 Basalary Physican Performance Pay Allocation Prodvetvity Performance Pads Productivity Allocation Patient wit Patient visits WORVUS Work RVUS Professional procedures Professional procedures 04 Finca Perance Pay Financial Performance Cross charges Gross charges 09 Nacions Nel boletons 04 Netcombanghysicom Nelcome before Quality Performance Pay Quality Allen Averagestions Average atentation or 04 Brood pressure contrare net Blood pressure or argent De cancers were De cancer seng met To Performance Pay Phyo To Compensation MODELOENERATED DATA State Data Number Per Gross charges Pranger Net Reception 14863 Practice expenses Nurses 4 Suomes 2 152015 assos Bringer 102165 Sales Laboratory chain 54678 Toutes Town cop Net before phytom Prytane Bases Partney ROO60 0 0 200 000 0 0 0 0 0 0 0 . O 30 0 O To 30 0 50 50 50 50 50 30 375 298.351 139257 se 02 Orlando F. Show & do DOLL Chup Pich FO FM F42 FO FB FB F5 F7 F4 Page of 7 C ZOOM + Topscoreren Net Income after physician comp Physician Date: 27250 Patient vite Work RVU Professional procedura Gross charpes Nel collections Netime: Supports alocation Faites location Supplies allocation Net Income before physician comp Average patent satisfaction sore Blood pressure control target met Breast cancer screen target met Physician Performance Pay Phovalolan identifier Total 2013 31607 31688 16.000 4,067 5.066 8.475 4.987 20,164 0.250 0,072 7.287 6.742 www 3602,675 32.242.640 3421.872 51.747.000 we 3130.003 3522,313 374.668 374.500 374888 374.00 1290,351 3231270. 334.064 111420 133704 9130267 F100005 ar 3100 Yes Yes Yes No No Yes No No Physician identifier Total 4023 3.567 258 22.04 50 30 4.687 5.066 23.125.14 30 30 6.288 0.072 22.025.6% 30 30 3.000 4.244 25.19 28.0W 30 30 8,478 4,067 27.2% 24.0N 30 30 7.287 8.742 20.7% 24.74 50 30 16.000 100.ON 30 20,164 100.0% 30 27250 100 ON 30 Finan 235 23.04 5050 Productivity Day Patient visits Proportion of tot Performance pay Work AVUS Proportion of total Performance pay Professional procedures Proportion of total Performance Day performance Day Gross charges Proportion of total Performance pay Net collection Proportion of a Performance pay Nel income before physician como Proportion of Performance pay Quality pay Average patient store Proportion of tot Performance pay Blood pressure control target mer Proportion of total Performance Breast cancer screen target mer Proportion of tot Performance pay - WYes No 24.22304 30 30 3602675 32.242.648 20.09 2574 100.0% 50 50 50 3421.072 31,747.610 241 207 100.0 50 30 SO $171.103 3700063 21.74 33.44 100 ON 30 30 $0 2499 2018 50 50 80 10 254 2204 30 50 24.04 30 94 2004 30 333 30 0.0% $0 333 333 50 30 0 00W 100.0 50 30 350 10004 30 3 100.0% $0 1 1000% 30 0.0% 30 0.0% 30 Case 02 Orlando F...xlsx DOLL