Running head: PAYMENT STRUCTURES FOR PHYSICIANS1PAYMENT STRUCTURES FOR PHYSICIANSStudent’s Name:Institution Affiliation:
PAYMENT STRUCTURES FOR PHYSICIANS 2PAYMENT STRUCTURES FOR PHYSICIANSPhysicians prevent, diagnose, and treat various diseases to improve their patients' overall health. They are essentially divided into two groups of health practitioners: General Practice Physicians and Specialist Physicians. There are different modes of payment for physicians, these include;SALARYThere’s also the likelihood of being paid a steady, secure income, which is regularly paid in ‘time-based expenditures. ‘These can differ from simple twelve-monthly incomes and hourly rates. Physicians at theoretical organizations, public well-being centers, and infirmaries all labor in this case, overall, a slight figure of physicians’ toil under a secure salary. If you do work underthis model, your contract will outline both your least prospective and naturally an extreme boundary of compensation of salary.