The Dynafios Provider Compensation Platform is an innovative compensation tool that provides health systems and practices an easy way to electronically manage all provider compensation arrangements that require payment for services, such as employment arrangements, PSAs, medical directorships, on-call stipends, and performance-based arrangements.
Many healthcare organizations utilize time and effort related arrangements with providers for administrative and call related services. As part of our provider compensation management platform Dynafios ensures users have a simple way to capture time, approve time sheets and get providers quickly paid.
Physicians use Medicare Time Studies to track and report their time allocations accurately, ensuring compliance with Medicare reimbursement regulations and optimizing healthcare funding. Dynafios streamlines this process by providing health systems with tools for precise time study management, data analysis, and regulatory compliance.
Provider employment will continue to trend up in the coming years. With that trend, the healthcare industry will see a variety of compensation models—from pure productivity to more “risk” based arrangements. This will require a sophisticated platform, like Dynafios, to ensure accurate and timely payments.
Good analytics help drive results! The Dynafios provider compensation management platform has a robust set of reports and dashboards to provide trends, benchmark providers, and assist in effective management of provider compensation. Our interactive dashboards provide real-time analytics to answer questions and ensure provider payments are on time and accurate.
Provider compensation management is the process of managing, analyzing, and ensuring the variety of compensation models are effectively paid out on time and in line with all terms of a provider’s contract.
To that end, the Dynafios platform helps organizations easily manage the complexities associated with a variety of compensation models. The result…accurate and timely payments that drive provider trust, retention, and stability.