Coker Connection

Coker Connection is Coker’s premier monthly newsletter. It’s a great way to stay on top of the latest news going on in healthcare and always features two new articles by different Coker consultants. To view the most recent articles, they are included below for download.

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Five Steps to Building a “MACRA Ready” Physician Compensation Plan

By Justin Chamblee, CPA, Senior Vice President, and Jon Morris, JD, Manager | Coker Group

executive healthcare consulting specialistThe Medicare Access and CHIP Reauthorization Act (MACRA) is changing how the government reimburses for physician services. Under the Merit Based Incentive Payment System (MIPS), many physician groups, both in private practice or hospital-owned, across the country are facing adjustments in their professional fee revenue based on their performance in certain key performance areas. This change calls for a reconsideration of provider compensation strategies to ensure that incentives are aligned. Even if your organization is exempt from MIPS by participating in an Advanced Alternative Payment Model (APM), it is important to act now to ensure your physician compensation plan is ready for the post-MACRA world. Follow these five steps to ensure you are on your way to a MACRA-ready physician compensation plan.

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The Increasing Demands on Internal Recruitment Departments

By Stefan Werdegar, Vice President | Coker Group

Internal healthcare executive talent acquisition is changing dramatically for many provider organizations. Health systems are consolidating, and as a result of tighter budgets, some entities opt to conduct executive recruitment. This decision means organizations must expand training for their recruitment teams to help them understand new ways to find top executive talent in the market. They also need to find recruiters with experience in executive recruitment and who understand the complexity involved with this level of search.

Read more.

 

Past Coker Connection Newsletters

  • Five Steps to Building a “MACRA Ready” Physician Compensation Plan
  • The Increasing Demands on Internal Recruitment Departments
  • Spring Is a Good Time to Clean Up Your Vendor Contracts
  • The Value of Clinical Documentation Improvement
  • Smoothing the Rough Spots in Patient Flow in Outpatient Practices
  • MACRA’s Medicare Part B Payments Under MIPS
  • Leadership Development and Succession Planning
  • Myth of the Median
  • Interim Management: Allow Your Organization Time to Find Expert Leadership
  • Cyber Security Lessons from 2016 and Trends for 2017

2016

  • Information Technology: A Competitive Necessity or A Competitive Advantage?
  • Benchmarking to Perfection
  • The Effect of the Election on the Healthcare Industry
  • External Value-Based Incentives: What Should You Do With Them?
  • The Importance of Accurate Cost Accounting in Healthcare Delivery
  • A Reflection on Coding and Compliance Changes
  • Prepare Your Organization for Unexpected Leadership Gaps
  • Navigating the Documentation of Community Need
  • Creating Balance between Clinical Needs and Cyber Security Policies
  • Alignment Deal-Making: Keys to a Successful Transaction
  • MACRA and MIPS in Physician Practice Valuations
  • Identifying and Retaining Leadership Talent
  • MU will Soon be a MIPS – Why and What do you need to Know?
  • The First Step on the Road to Value: The Coker ValuePath Assessment
  • Harmony – MD
  • wRVUs: Are Yours Accurate
  • Credentialing: The First Step to Revenue
  • Developing a Physician Leadership Strategy
  • Too Little? Not Too Late!
  • Bridging the Gap from Fee-for-Service to Fee-for-Value (without Losing Your Mind)
  • Physician Documentation: My, How Times Have Changed!
  • A Strategic Systematic Approach to Community Health Needs Assessment (CHNA): A Living Plan for Your Community Health Improvement
  • Mitigating Organizational Stress
  • When and How to Convert to another EHR
  • Do M&A Deals Really Result in Long-Term Value Creation? Increasing Your Odds of Success