September 11, 2020

How Hospitals and Health Systems Can Pandemic-Proof their Physician Compensation Agreements

By Anthony Domanico, MBA, VMG Health, Minneapolis, MN and Ben Ulrich, CVA, VMG Health, Dallas, TX

While the healthcare industry has typically been only minimally affected by economic downturns, the COVID-19 outbreak is different, substantially and broadly impacting the industry. With bans on elective procedures lasting through much of the summer, strains on supply chains and needed resources, and many patients unable to see their doctors for regularly scheduled appointments, overall productivity and average revenue levels for many providers have been impacted. 

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