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Published April 22, 2022

“Premium Compensation Due to Short Staffing”

As “The Great Resignation,” fluctuating volumes, and labor shortages continue to impact the healthcare industry, organizations are looking for ways to recruit and retain staff. Increased labor costs and inflation pressures are also taking a toll on providers. In an already competitive environment, with a shortage of physicians and advanced practice providers, healthcare organizations across the country have had to rethink their strategies. 

During an on-demand webinar presented by the American Association of Provider Compensation Professionals (AAPCP), PYA Principal Angie Caldwell takes an in-depth look at premium compensation and strategies for providers, including:

  • The realities and challenges ahead.
  • Alternatives to consider.
  • Why pay compensation premiums.
  • A valuation approach and other considerations.
  • Case studies.

This webinar aired April 19, 2022. View the presentation slides here.

For additional information on approaches for addressing staffing shortages, read this PYA Insight on Tackling the Staffing Crisis: Healthcare Workforce Challenges, Trends, and Innovations.

If you would like additional guidance related to physician compensation strategies and valuation, or for assistance with any matter related to valuation, compliance, or strategy and integration, one of our executive contacts would be happy to assist. You may email them below, or call (800) 270-9629.

Executive Contacts

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