Services
At Fodstad Health we offer a huge array of services revolving around physician and provider compensation, mainly focusing on administering compensation plans. That said, there are a lot of services that are intertwined with our day to day activities. Below list some of the key services. If you have any questions, please feel free to reach out and contact us!
Physician Compensation Report
Our comprehensive service provides you with detailed monthly statements for each physician including, but not limited to:
- wRVU Determination: Accurate calculation of work Relative Value Units (wRVUs) based on CMS physician fee schedules.
- Compensation Breakdown: A clear summary of the calculation process used to determine earned compensation.
- Earned vs Paid Reconciliation: A comparison of earned compensation against compensation paid or drawn.
- Year-over-Year Trends: A comparative analysis of current year productivity trends against those of the previous year.
Physician Benchmarking and Market Trend Analysis
Our comprehensive service provides you with detailed monthly statements for each physician including, but not limited to:
- Peer Comparison: We compare your organization’s performance to that of similar healthcare providers by using industry standard surveys, identifying areas for improvement and opportunities for optimization.
- Customized Benchmarking Reports: We provide detailed benchmarking reports that highlight key findings and recommendations.
- Market Trend Identification: We track and analyze emerging trends in the healthcare industry.
- Strategic Insights: We offer expert guidance on how to leverage benchmarking data to inform your strategic decision-making.