The presentation will also introduce a nonfinancial incentive model focused on quality and patient satisfaction developed specifically for PAs. The presentation will highlight the challenges in utilizing and developing financial benchmarking tools for NPs and PAs with a focus on understanding local/specialty practice patterns. Focus will aim at introducing the challenges with the current benchmarking system and the description of a reproducible predictive modeling tool to determine the expected revenue generation of NPs and PAs.
This presentation will introduce a benchmarking tool aimed at accurately capturing data on the wRVU production of NPS and PAs. With the increase utilization of NPs and PAs several benchmarking tools have become available, but these tools suffer from poor sensitivity and specificity towards the NP or PAs actual work performed. This inability to accurately track NP and PR performance creates uncertainty and tension with budget development, as the NP or PAs true value may be undervalued or counted against physician performance. As a result, many NPs and PAs are inadequately represented and often invisible in the reporting and finance system. While many different frameworks and benchmarking models for physician productivity exist, there are few models that can be correctly measured nurse practitioners (NP) or physician assistants (PAs) true value. The rise of value-based care has created a system of greater accountability from providers in regards to cost, quality, and effectiveness.
Title: Effectively benchmarking both financial and non-financial metrics for physician assistants and nurse practitioners practices Biography
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