A new executive briefing from PYA addresses how implementing the 2021 Medicare Physician Fee Schedule (MPFS) may represent significant financial and compliance challenges to hospitals and health systems that employ physicians. Specifically, changes in work relative value units (wRVUs) and professional collections in the updated MPFS may be costly to these organizations. The impact on physician compensation plans may be far-reaching because of the relationship between wRVUs and compensation, particularly in compensation per wRVU based models.
Ultimately, organizations will need a process to evaluate and carefully implement potential changes brought on by the 2021 MPFS. “An Executive Briefing on the 2021 MPFS and Its Impact on Hospital Employed Physician wRVU Productivity Models” will help your organization address these issues and offers tactics being deployed by our clients who are facing similar situations.
PYA has reviewed the impact of the 2021 MPFS for several clients across the country and is helping many of them navigate this challenge. We also have extensive experience in physician compensation planning, fair market value compensation, and commercial reasonableness. For more information regarding these matters, contact a PYA executive below at (800) 270-9629.