Heisenberg II Publishes Whitepaper on ROI of Physician Compensation Management Technology
A physician compensation technology platform can have profound impacts on health system operations, physician relationships (including turnover and retention), and even patient experience, delivering return on investment (ROI) in areas that organizations don’t typically consider technology as a means to mitigation. But how does that ROI translate into real returns, including quantifiable cost savings? Can such systems truly pay for themselves?
Mt Laurel, NJ – January 09, 2019 – Heisenberg II, a revolutionary technology platform automates and simplifies the challenging and arduous task of physician compensation administration. This technology was developed by Hallmark Healthcare Solutions, LLC a healthcare-focused technology company.
Dave Butcher, VP, Strategic Solutions at Heisenberg II states “Answering these questions can pose a serious challenge. There are so many ways to peg ROI, especially when preferred performance indicators can differ by client based on geography, size, and organization type. Furthermore, ROIs are only as good as users successfully leveraging the system. Yet, physician compensation technology has undeniably profound benefits that are well- defined, and it’s straight-forward to translate operational and process improvements into actual dollars”.
The whitepaper “What is the real ROI of Physician Compensation Management Technology”, is the latest addition to the forum for healthcare providers, hospitals & medical groups.
What is physician compensation software? This technology minimizes the manual processes of administering, measuring, and managing the performance of physician compensation plans. It automates the calculation and adjudication of physician compensation, provides real-time feedback to both administrators and physicians, and dramatically improves information transparency for all stakeholders.
In this paper, we assess the ways that organizations can “cost justify” such an investment in compensation management systems. We look at common challenges that medical groups experience and then detail the potential ROIs that they can reasonably expect from leveraging physician compensation technology.
Download a complimentary copy of the whitepaper: http://heisenbergii.com/downloads/real-roi-physician-compensation-management-technology-whitepaper.pdf
Hallmark Healthcare Solutions is a global healthcare solution and information technology firm with offices located in New Jersey, New York, Michigan, and India. Hallmark offers a unique approach inclusive of both strategy and technology to achieve the desired outcome. The technology component positions organizations to use real-time data for improved decision making with regard to leveraging human capital. Over the years, Hallmark has helped organizations optimize and save millions in labor expenses, improve their efficiency and achieve fiscal responsibility through best-in-class software and strategic workforce solutions. www.hallmarkhealthcareit.com
Hallmark Healthcare Solutions, Inc.