Work relative value units continue to be the most common measure when medical groups create production-based compensation plans for physicians, according to the American Medical Group Association's 2012 medical group compensation and financial survey.
The AMGA defined a production-based plan as a plan where at least half of the medical group's compensation is distributed based on some type of work or financial contribution. The group surveyed 138 physician organizations on these types of plans.
Here are the top five factors for production-based compensation plans, according to the AMGA survey.
• Work RVUs: 70 percent
• Net production: 29 percent
• Cost accounting: 14 percent
• Gross production: 4 percent
• Total RVUs: 1 percent
The AMGA defined a production-based plan as a plan where at least half of the medical group's compensation is distributed based on some type of work or financial contribution. The group surveyed 138 physician organizations on these types of plans.
Here are the top five factors for production-based compensation plans, according to the AMGA survey.
• Work RVUs: 70 percent
• Net production: 29 percent
• Cost accounting: 14 percent
• Gross production: 4 percent
• Total RVUs: 1 percent
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