Fee-for-Value or Pay-for-performance billing models are making waves in healthcare industry and care providers are finding it increasingly difficult to adapt to the changes brought on by them. Most importantly, this change in billing model is accentuating pressure on current workforce and healthcare attrition has seen an all-time high over the past few years. Why fee-for-value model could be encouraging medical staff to leave jobs can be understood with following factors –
Given all these factors, medical practitioners are experiencing rising employee attrition. Timely action to counter dipping employee morale & execute retention strategies can only improve employee retention in healthcare industry.
Medicalbillersandcoders.com is a billing and coding partner that offers the valuable expertise of medical practitioners in training and orientation of in-house medical staff. While a medical practice can outsource some value adding functions, a big percentage of care providing activities are to be delivered by medical staff closely associated with the organization. Medicalbillerandcoders.com assists you in checking employee attrition and developing better understanding of pay-for-performance model to improve employee satisfaction.Back