• linkedin
  • Increase Font
  • Sharebar

    The man behind MOC defends the program against critics

     

    People have raised questions about compensation practices. We have a compensation committee that follows best practice standards, gets comparable figures on what people in senior executive positions get paid, which is how nonprofits set salaries.

    To put it more bluntly, if I were trying to hire a cardiologist, and I said I’m going to pay you a general internist’s salary, I couldn’t hire a cardiologist on a general internist’s salary. And you can’t hire a chief operating officer of a $56 million-a-year company on the salary that you hire somebody to manage a one-doctor medical practice. 

    So we’re in a competitive market for talent. Our salaries are competitive, they are reviewed by an executive compensation committee, there’s an independent consultant that provides competitive data in the marketplace. So we have nothing to apologize for in our finances, That’s why we put it all out there.

    We understand that every dollar we get we need to spend carefully. And we understand that doctors are concerned about the fees. And as we think about re-creating the program we will be looking at ways to restructure fees. But what I pay in fees to ABIM is less than what I pay the Commonwealth of Pennsylvania for being licensed, less than what I’m paying the federal government for having privileges to prescribe narcotics.  

    6 Comments

    You must be signed in to leave a comment. Registering is fast and free!

    All comments must follow the ModernMedicine Network community rules and terms of use, and will be moderated. ModernMedicine reserves the right to use the comments we receive, in whole or in part,in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

    • UBM User
      Reading this reminds me of a farmer mandating all his chickens learn how to make more and better eggs. Nothing good for the chickens, only making more money for the farmer.
    • UBM User
      Oh yes! Doctors need the self reassure cr of being able to pass an exam!! Where does he come off speaking for other docs? He is simply justifying his existence which is a disgraceful attempt to perpetuate this ignorant process. Come forward with real evidence that justifies his belief and we'll listen. O/W all the docs beholden to this process need to rise up against and walk swiftly from these mandates! Remember that the hospital needs you!!
    • UBM User
      The arrogance of these people is astounding. It's just like Washington, DC, just on a smaller scale. The rules don't apply to them. Rules are for the peasants. Just like Hillary Clinton, who is never held accountable for anything she does. All animals are equal, but some are more equal than others...
    • [email protected]
      "It is difficult to get a man to understand something, when his salary depends on his not understanding it.” ― Upton Sinclair
    • Anonymous
      "Doctor" Baron is just another wacky didactic physician gone wild administrator making rules and regs from his Ivory tower. Rules he'll never have to follow cause he makes 'em up as he goes. MOC is a farce
    • Anonymous
      Said the physician executive from the study of his million dollar home.

    Latest Tweets Follow