Compensation Management Software

The Vendor is required to provide software should support the development, implementation, and administration of physician and advanced practice provider (app) compensation models, ensure compliance with regulatory requirements, and include access to sample policies, procedures, and toolkits to guide governance, standardization, and training.
- Software features
• Ability to manage multiple compensation models
• Customizable rules engine to support varied models across specialties.
• Dashboards and reporting for finance, compliance, HR, and physician leadership.
• Real-time tracking of WRVUS, productivity, quality, and incentive metrics.
• Scenario modeling for new hires, contract renewals, and strategic planning.
• Automated fair market value (FMV) benchmarking and commercial reasonableness tools.
• Audit trails and workflow approvals for compliance and legal review.
- Integration
• Seamless data integration with EMR/EHR, payroll, HRIS, and financial platforms.
• Role-based access and secure permissions for different stakeholders.
- Policies & procedures support
• PHYSICIAN compensation governance
• Contract management workflows
• FMV documentation and approval
• Compensation plan modifications and exception handling
• Conflict of interest management
• Billing integrity and compliance reporting
• Customizable toolkits, templates, and training materials.
• Best practice guidance for policy adoption and governance structure.