The Cottage Health leadership team engaged Warbird as a strategic and technical advisor to perform an assessment of Cottage’s existing physician compensation arrangements and develop a new comprehensive physician compensation plan. This new physician compensation plan was required to enhance Cottage’s ability to recruit and retain provider resources and provide Cottage’s executive with a roadmap to strategically expand its aligned provider group […]
A comprehensive analysis, restructure and performance improvement engagement of Centegra Health System, a $550 million Net Patient Service Revenue community health system. Centegra had executed a letter of intent with Northwestern Medicine System. Prior to closing the transaction, Centegra was required to improve its financial and operating performance […]
From Many Pieces to One Program: Building an Employed Physician Compensation Plan. At one Medical Group, Warbird was engaged to set a new course and ensure a consistent approach to a new employed physician compensation plan. The process began with an assessment of the client’s current state, contrasted it to benchmark data and began to build a comprehensive compensation plan for employed providers (physicians and others) […]
A private equity firm was purchasing a physician practice and needed to understand what was in the operations and financials. After a month of work, the private equity company was still unable to obtain financial answers.