- Written by
Jim Knaub
- Posted February 16, 2010 at 3:33 pm
Is the expansion of IR services causing your group to rethink its partner compensation plan? Check out this article in the February issue of Radiology Today:
“The more diverse a medical group, the more difficult it is to develop and maintain a sense of fairness in its income-distribution scheme. Radiology groups have historically been quite homogenous with everybody in the group doing pretty much the same thing. So it made perfect sense to pay each partner an equal share of the what’s left over after paying the bills.
But Society of Interventional Radiology President Brian F. Stainken, MD, FSIR, notes that this “historic, homogenous model in which we all basically did the same thing is … well, history.” Leading radiology practices today have learned to embrace diversity and subspecialization. That builds a strong practice, but it can challenge the sense of fairness in the way various group members are paid.
Differences in imaging modalities haven’t forced many groups to revisit their (typically) equal profit-distribution plans. After all, whether the radiologist is reading mammograms, MRIs, CT scans, or plain films, the business operation, revenue cycle, and facility requirements remain about the same. And with PACS, the group can somewhat address differences in demand and production between members by requiring cross-coverage: On a slow day the MRI physician can fill gaps in the schedule by reading plain films.
Adding interventional radiology (IR) to the mix complicates the picture considerably.” Read more.
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