Medaxiom Blog

In thinking about next week’s CV Transforum conference, a lot comes to mind on the need to re-engineer the way we do things. And from my work assisting groups who are thinking about the different alternative payment models, and helping programs develop their care team models, I have many stories that illustrate the need for change. Today, before I get into the problem areas, I want to start with a story that shows how things can go right.

Peer surveys, like the MedAxiom Cardiovascular Provider Compensation and Production Survey, annually publish a measure showing compensation per work Relative Value Unit (wRVU). Table 1 below shows data from the most recent MedAxiom report for cardiology. This statistic is perhaps the most misunderstood of the published compensation data and, as a result, is often misused in contract negotiations.