Successful physician affiliations through fair compensation.

Appropriate physician compensation is essential if affiliations between physicians and healthcare organizations are to be successful. A physician's compensation should be based on market-specific data about compensation for his or her specialty, as well as on data about each physician's productivity. Healthcare organizations also must have a process for adjusting compensation based on performance and market changes and a process for ensuring equity between newly hired physicians and currently employed physicians. A systematic, data-driven approach to establishing physician compensation can help build a foundation for successful physician recruiting and relations.