ProCARE Portal - Provider Compensation Management Platform

Help physicians thrive from day one by offering strong onboarding programs, smart automated guaranteed income models and administrative support. https://lnkd.in/gP5sH5Hf #compensationautomation #guaranteedincome #providercompensation #healthcare #ICM

Inflation is significantly altering financial dynamics across industries, and healthcare is no exception. For medical professionals, compensation challenges have become more pronounced, with rising operational costs—like staffing, facilities, and medical supplies—directly impacting practice profitability. While some recent compensation adjustments have aimed to address these economic shifts, they often fail to keep pace with inflation, leaving real earnings stagnant or declining over time. The lack of inflation-adjusted increases in reimbursement models, particularly from programs like Medicare, adds another layer of complexity. Physicians are shouldering more financial responsibility as reimbursement rates remain relatively static while costs rise. Without reform, this situation risks creating long-term challenges for maintaining access to quality care and retaining skilled healthcare providers. To adapt, healthcare organizations must prioritize financial sustainability while supporting their teams. This could include exploring new payment models tied to inflation, optimizing practice operations to reduce overhead, and embracing innovative solutions like telehealth to diversify revenue streams. Advocacy efforts from professional organizations are also crucial to push for legislative reforms that adjust reimbursement rates to reflect inflation accurately. The road ahead requires both strategic adaptation and collective action to ensure physician compensation models evolve with economic realities. By addressing these challenges now, we can better safeguard the future of healthcare delivery. How do you see inflation shaping the future of physician compensation? Let’s discuss. #AAPCP #PhysicianCompensation #Healthcare #Inflation

Recognizing the signs of ineffective compensation management is crucial in highlighting the deficiencies of conventional models. https://lnkd.in/gP5sH5Hf #providercompensation #healthcare #ICM

Happiest of birthday to Piyush Thakker! Hope it's filled with joy and happiness.

Your compensation strategy should cultivate a positive and supportive culture. This means implementing programs that promote work-life balance, encourage collaboration, and value individual contributions. Your compensation plan should have team components where measures and weighted incentives are at the individual level AND organizational levels (e.g., specialty, group, department, team, region, system). https://lnkd.in/gFweZyFv #providercompensation #healthcare #ICM

This week, our India team came together to celebrate the Festival of Lights, embracing the spirit of joy, unity, and hope. Diwali is a time for reflection, gratitude, and looking forward to new beginnings — values that resonate deeply with our entire organization. With vibrant decor, traditional attire, and lots of smiles, the team lit up the office (and our hearts!) with their celebration. This special day reminded us of the power of togetherness and the joy of connecting across cultures. To everyone celebrating Diwali around the world, may your days be filled with light, prosperity, and happiness! Happy Diwali from our family to yours! ???

The AMN Healthcare report paints a clear picture: physician burnout is driving turnover, and healthcare organizations are struggling to attract and retain top talent. Coker's 2024 APP Strategy & Oversight survey confirm recruitment barriers hold true for APPs as well. While increasing salaries and sign-on bonuses might seem like the obvious solution, we suggest a more strategic approach. https://lnkd.in/eZFrsF7E #providercompensation #healthcare #ICM #APP #providerrecruitment

Key takeaways from the AAPCP virtual event!

Meet the Team: Tracy Flanagan Say hello to Tracy, our Senior Consultant! Tracy is a master at helping clients navigate complex compensation processes. She's passionate about delivering customized solutions that empower organizations to streamline their operations and adapt to unique business needs. Her expertise has driven countless successful implementations and satisfied clients. When asked what sets ProCARE apart, Tracy shared, “The ProCARE solution is incredibly flexible and customizable. No two organizations have the same compensation plans, and most have many variations. ProCARE provides the flexibility to meet unique business requirements. Our data transfer process allows clients to submit data from different systems in any format, which reduces the burden on client IT resources. Plus, our rules-based engine empowers clients to maintain compensation calculations specific to their business needs.” https://lnkd.in/dyAAA2uA #providercompensation #incentivecompensation #smartcompmodels #TeamSpotlight #MeetTheTeam

Meet the Team: Jenny Young Say hello to Jenny, our Senior VP of People Ops! With over a decade of experience in the public sector, Jenny is an expert in creating positive work environments and leading top-performing teams. She's passionate about helping others grow, whether it's advancing their careers or supporting their education. Her leadership has earned national recognition and countless success stories. Outside of work, Jenny is all about mental health, diversity, and inclusion. She’s an Arizona native who loves hiking, yoga, and, of course, trying new foods! https://lnkd.in/dyAAA2uA #providercompensation #incentivecompensation #smartcompmodels #TeamSpotlight #MeetTheTeam