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An academic compensation plan for an orthopaedic department.
Clin Orthop Relat Res. 2007 Apr; 457:64-72.CO

Abstract

The academic orthopaedic department has the primary goal of providing clinical services, educating orthopaedic surgeons, providing advancements through research and technology development, and creating and maintaining the administrative infrastructure that monitors and enables the department's overall mission. Simultaneous reductions in revenues and increases in the cost to practice medicine pose the greatest challenge to maintaining the academic orthopaedic department. Fundamental differences exist between the private practice and academic orthopaedic surgeon. Most importantly, while their value systems may differ, appropriate incentives (tangible and intangible) must exist to promote growth and retention in a non-private practice setting. A proper compensation plan must consider revenue and non-revenue-generating activities within the context of the academic orthopaedic department to maintain the department's mission. This article discusses these issues and provides an overview of solutions available to structure an appropriate compensation plan that encourages academic and clinical productivity yet remains sensitive to divergent goals and values of the department's members.

Authors+Show Affiliations

Harvard Medical School, Massachusetts General Hospital, Boston, MA 02114, USA. jwarner@partners.orgNo affiliation info availableNo affiliation info available

Pub Type(s)

Journal Article

Language

eng

PubMed ID

17242612

Citation

Warner, Jon J P., et al. "An Academic Compensation Plan for an Orthopaedic Department." Clinical Orthopaedics and Related Research, vol. 457, 2007, pp. 64-72.
Warner JJ, Herndon JH, Cole BJ. An academic compensation plan for an orthopaedic department. Clin Orthop Relat Res. 2007;457:64-72.
Warner, J. J., Herndon, J. H., & Cole, B. J. (2007). An academic compensation plan for an orthopaedic department. Clinical Orthopaedics and Related Research, 457, 64-72.
Warner JJ, Herndon JH, Cole BJ. An Academic Compensation Plan for an Orthopaedic Department. Clin Orthop Relat Res. 2007;457:64-72. PubMed PMID: 17242612.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - An academic compensation plan for an orthopaedic department. AU - Warner,Jon J P, AU - Herndon,James H, AU - Cole,Brian J, PY - 2007/1/24/pubmed PY - 2007/5/16/medline PY - 2007/1/24/entrez SP - 64 EP - 72 JF - Clinical orthopaedics and related research JO - Clin. Orthop. Relat. Res. VL - 457 N2 - The academic orthopaedic department has the primary goal of providing clinical services, educating orthopaedic surgeons, providing advancements through research and technology development, and creating and maintaining the administrative infrastructure that monitors and enables the department's overall mission. Simultaneous reductions in revenues and increases in the cost to practice medicine pose the greatest challenge to maintaining the academic orthopaedic department. Fundamental differences exist between the private practice and academic orthopaedic surgeon. Most importantly, while their value systems may differ, appropriate incentives (tangible and intangible) must exist to promote growth and retention in a non-private practice setting. A proper compensation plan must consider revenue and non-revenue-generating activities within the context of the academic orthopaedic department to maintain the department's mission. This article discusses these issues and provides an overview of solutions available to structure an appropriate compensation plan that encourages academic and clinical productivity yet remains sensitive to divergent goals and values of the department's members. SN - 0009-921X UR - https://www.unboundmedicine.com/medline/citation/17242612/An_academic_compensation_plan_for_an_orthopaedic_department_ L2 - http://Insights.ovid.com/pubmed?pmid=17242612 DB - PRIME DP - Unbound Medicine ER -