Ep. 10: How Should You Be Paying Your Associate?

 

Bringing on an associate can be a great thing for practice growth. But it can also become a disaster if you haven’t structured it properly. So, in this episode, Jeff Blumberg dives into the most common associate models and some guidelines for structuring the compensation plans for each.

Topics:

1:51 – Three common models for utilizing an associate

3:31 – The Traditional Associate Model

5:20 – The Production Doctor Model

15:41 – The Autonomous Operation Model

24:17 – Structuring the compensation package so it works for both the associate doctor and the owner

Links:

Associate compensation article - https://www.mgeonline.com/2021/associate-compensation-which-plan-is-right-for-your-practice/

Learn more about MGE - https://www.mgeonline.com

 

Listen to full episode :

Questions From This Episode

What are the three basic ways a practice can actually use an associate doctor, and how does that affect their pay?

The traditional model, where the associate picks up procedures the owner doesn't want, the production doctor model, where the owner sells nearly all the treatment and the associate performs it, and the autonomous model, where an associate runs a second location largely on their own. Each carries a distinct compensation structure, since the associate's actual role and risk differ enormously between them.

What's the typical pay range for a traditional associate, and why should it be tied to collections rather than production?

Roughly 30 to 35 percent of collections, sometimes split with a base and other incentives, and often with a lab fee split factored in. Tying pay to collections rather than raw production avoids paying someone for work the practice hasn't actually been paid for yet, since production isn't guaranteed money until it's collected.

Why does a production doctor associate get paid a lower percentage, 20 to 25 percent, even though it can be a genuinely attractive role?

The associate isn't selling the treatment, building their own schedule, or taking calls, the owner presents and closes every case and simply hands off the clinical work. Once a doctor actually compares the real dollar numbers, 20 to 25 percent of a much larger volume the owner is generating for them often outproduces a 30 to 35 percent cut of a smaller, self-generated schedule.

What conditions need to be in place before a production doctor model can actually work?

Enough patient volume to keep multiple doctors genuinely busy, generally at least two full-time hygienists and 50 or more new patients a month, an associate with real clinical experience and speed, and a well-structured office with a skilled office manager and treatment coordinators, since the owner is no longer personally producing and has to actively monitor clinical quality instead.

What is a viability level, and why does every associate pay plan need one?

The specific collection number at which an associate's guaranteed base pay equals the percentage they're supposed to be earning, the break-even point between what they're paid and what they're producing. Knowing that number in advance shows exactly when an override should kick in, and flags immediately if an associate is being overpaid relative to their actual production, rather than discovering it only after months of losses.

Episode Transcript

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