Compensation Modeling and Strategies

One of the most important issues facing any medical practice is how to allocate the profits it generates. In designing an appropriate compensation system for your practice, you need to balance the need for fairness to all of the doctors with the complexity of the system. These goals can often be in conflict with each other. Further, in today’s rapidly changing world of medical economics, a system that worked in previous years may not make sense today.

At ORBA, we have been working with medical groups in designing their compensation systems for more than 35 years. While the ultimate design of the system is, of course, up to the doctors in the group, we develop models that will show the effects of various proposed systems. Based on our experience, we then advise you of systems that are the most successful in various practice scenarios. This allows you to choose a system that provides the fairest compensation methodology for your medical team.

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Guides

ORBA will gladly provide you with hard copies of the useful guides listed below. Select which guides you would like to receive and submit the form below.

  • Tax Pocket Guide
  • Tax Planning Guide
  • Records Retention Schedule
  • Auto, Travel & Business Log

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