The end of June marks the date for determining the total final shared savings that EvergreenHealth Partners are eligible for. Payout of the shared savings will follow the Fund
Distribution Policy accordingly:
Step 1: EHP will reimburse the physician leadership positions on the Board of Managers and
Advisory Committees for their participation in EHP business or operational meetings ($125 for each meeting attended). In order to fund compensation for the physician leadership pool, an annual threshold of $400,000 in shared savings must be achieved by the payout cutoff.
Advisory Committees for their participation in EHP business or operational meetings ($125 for each meeting attended). In order to fund compensation for the physician leadership pool, an annual threshold of $400,000 in shared savings must be achieved by the payout cutoff.
Step 2: Twenty percent of the remaining bonus funds (not to exceed $200,000) will be paid to EvergreenHealth to offset EHP’s operating expenses. In order to disburse 20 percent of the remaining balance to EvergreenHealth, an annual threshold of $400,000 in shared savings must be achieved by the payout cutoff.
Step 3: Ten percent of the remaining funds will be paid to providers who meet attendance requirements for educational and training meetings. To earn this bonus, a provider must attend at least 75 percent of scheduled meetings, which include EvergreenHealth general physician education meetings, EHP-specific provider education/informational meetings and other EHP sponsored events.
Step 4: Remaining funds will be shared equally between two pools, one for primary care and one for specialty care. These pools will be used to pay incentives earned by individual providers.
Employed providers will receive payout accompanied by a notification letter detailing their payout eligibility by July 31, 2015, and will receive payment via automated direct deposit by payroll.
Independent practices will also receive a notification letter with one vendor check made out to independent practices.
The Board of Managers, Quality Committee, and 2014 Quality Committee have already received respective payouts that are not contingent on our total shared savings.
Independent practices will also receive a notification letter with one vendor check made out to independent practices.
The Board of Managers, Quality Committee, and 2014 Quality Committee have already received respective payouts that are not contingent on our total shared savings.