The compensation plan on doctors considering the contextual performance

Abstract

The doctor’s performance can be divided into two kinds of task performance and contextual performance, and current articles on contextual performance are less. This paper is studied by Team Principal-agent theory. The benchmark mode is established for contrast, in which agents don’t make efforts on contextual performance. And then, according to whether accounting cost respectively, we set up two models that only one agent has contextual performance. The conclusion shows contextual performance is obvious in medical institutions, and it benefits to the whole team. Therefore, we advocate using team performance compensation plan, and then explain the necessity of government subsidies for medical institutions.