AAPCP Launches New CPCV Credential to Set Standards in Provider Compensation Valuation

ATLANTA - Oct. 28, 2024 - PRLog -- The American Association of Provider Compensation Professionals (AAPCP) is excited to announce the launch of the Certified Provider Compensation Valuator (CPCV) credential. This certification is specifically designed to equip healthcare compensation professionals with the expertise required to navigate the growing complexities of provider compensation in healthcare organizations. Developed with support from key industry experts, including Richard Romero, CVA, ABV, FHFMA, PAHM, a Coker Senior Vice President and member of the CPCV credential committee, the CPCV credential sets a new standard in data-informed valuation, compensation strategy, and compliance.

In response to rising regulatory demands and market competition, the CPCV credential addresses the essential need for specialized knowledge in provider compensation valuation, enabling organizations to build compensation structures that align with strategic and compliance objectives. By introducing this credential, AAPCP and its collaborators are empowering healthcare professionals to enhance organizational leadership in fair market value compliance.

In conjunction with this launch, AAPCP will be hosting a webinar on November 6, 2024, to provide an in-depth look at the CPCV credential, its benefits for healthcare organizations, and how professionals can achieve certification. This webinar offers a valuable opportunity for industry leaders to understand the significance of the CPCV credential in shaping competitive and compliant compensation practices.

"The CPCV credential is an important milestone for provider compensation professionals, delivering a level of expertise that has been missing in our industry," said Richard Romero. "This certification enables professionals across the provider compensation spectrum to contribute more effectively to fair and compliant compensation models, supporting healthcare organizations in their mission to deliver quality care."

Key advantages of the CPCV credential include:

• Standardized Knowledge and Expertise: Establishes a validated, consistent understanding of provider compensation, supporting both compliance and competitive positioning.
• Data-Driven Strategic Alignment: Equips credentialed professionals with the knowledge to build compensation strategies founded on analytics and regulatory best practices.
• Enhanced Talent Retention and Organizational Growth: Assists organizations in attracting top talent through compensation models that appropriately compensate physicians and long-term sustainability.

This credential underscores AAPCP's and Coker's commitment to leading the healthcare industry in addressing evolving compensation challenges.

For more information about the CPCV credential and to register for the November 6 webinar, please visit https://providercompensation.org/certifications/cpcv/.

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About AAPCP

The American Association of Provider Compensation Professionals (AAPCP) is dedicated to setting industry standards and advancing the field of provider compensation through specialized education, credentialing, and professional development.

About Coker

Coker is a leading healthcare advisory firm providing performance transformation, transaction advisory, and compliance consulting services to hospitals and physician enterprises nationwide. For over 35 years, Coker has served as a trusted partner. To learn more, visit https://cokergroup.com.

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