Healthcare Consulting

Physician Compensation Systems Are Evolving—Is Your Organization Keeping Up?

As compensation models evolve to include quality metrics and outcomes-based incentives, healthcare organizations need more than an HR initiative. They need a strategic partner to transform physicians’ compensation into scalable, sustainable systems that physicians trust and leadership can measure. That’s where Waddell Group comes in.

Great comp plans fail not because they’re wrong, but because they fail to take one thing into consideration.

You spent months aligning legal, HR, and physician leadership around the right model: RVUs, value-based metrics, hybrid incentives, and compliance reviews.

But when it came time to implement?

Deadlines slip. Physicians are confused. Adoption is slow.

Without a transparent, scalable compensation framework:

  • Administrative costs climb
  • Physician morale drops, leading to increased turnover
  • Compliance‐related risks go untracked
  • Patient care is inefficient
  • Leadership trust erodes

The system doesn’t fail because the math is off. It fails because too often, different departments operate in silos.

A statistic in an image format, includes 3 physicians and a quote that says ”The average physician will be in the workforce for 30 years, yet many health systems face 8–10% turnover annually.”

That’s where we come in:

We believe physician compensation isn’t just about numbers on a spreadsheet—it’s about the people who deliver your organization’s core service.

Our goal is to help healthcare organizations create comprehensive, scalable physician compensation systems—and ensure they’re deployed effectively across the entire organization. This means:

  • ✅ Setting up compensation departments & improving processes so you can build infrastructure that scales with the organization.
  • ✅ Integrating recruitment, credentialing & payer contracting, ensuring seamless physician onboarding.
  • ✅ Training physicians on compensation plans so that there is increased clarity around incentives, wRVUs, and performance metrics
  • ✅ Fostering cross-functional collaboration – Uniting HR, finance, legal, and clinical teams around common goals
  • ✅ Change management, compliance alignment, and ROI tracking for faster, smoother implementation of comp models that are audit-ready

Let’s build a physician compensation model that works in the real world

Whether you’re launching a new comp initiative or scaling an existing one, we’ll help you close the gap between idea and implementation. With Waddell Group, you don’t just get a strategy. You get a system that works.

Who benefits most from our services?

Health systems

Health systems

who are revamping their compensation programs

Hospital networks

Hospital networks

launching new pay models

Private equity backed groups

Private equity–backed groups

needing fast, compliant rollouts

Any Outfit

Any Outfit

seeking physician alignment and retention

Our work doesn’t stop at physician compensation

We specialize in facilitating the execution of mission-critical health system initiatives that may be stalled or underperforming due to operational silos, leadership transitions, or resource constraints. Whether it’s optimizing credentialing processes, integrating new acquisitions, or improving onboarding and staffing workflows, we bring proven strategies and hands-on leadership to get results.

Let’s talk about how we can improve your organization’s effectiveness with compensation initiatives—so your physicians are supported, your systems are aligned, and your organization thrives.

Meet our experts

Bill Davis, VP of Consulting Services, Waddell Group

Bill brings extensive experience in healthcare consulting, business development, and technology solutions. He has partnered with C-suite leaders, physicians, and players nationwide to launch SaaS platforms, expand provider networks, and improve compensation and care delivery models. At Waddell Group, he leverages this expertise to help organizations increase efficiency, strengthen partnerships, and achieve sustainable growth.

Dr. John Piatkowski, Consultant, Waddell Group

Dr. John is a physician executive who has led from just about every seat: pediatrician, medical group leader, hospital CEO, Deputy Chief Clinical Officer at Medica, and now a promising consultant. He’s helped lead value-based care for over 750,000 members, overseeing $3.5 billion in spend, and guided large health system integrations—all while maintaining a clear sense of mission, humor, and humanity.