Physician Contracting
Physician Recruitment
Physician Compensation
Physician Onboarding & Orientation
Clinic M&A and Startups

Physician Compensation Valuations

Base Guarantee
Production Compensation
Quality Improvement Compensation
Call Coverage Compensation
Total Compensation
Administrative Compensation
Medical Director Compensation
Advanced Practitioner Supervision Compensation
Independent Contractor Compensation


M3 has managed thousands of physician contracts and physician compensation fair market value analyses, hundreds of physician recruitments, 30+ clinic acquisitions, and dozens of clinic startups.


What are our clients are saying about us?

M3 has helped us assess, design and implement a new physician contracting program following industry best practices. I have worked with Leard for over a decade. He is an expert in all matters related to physician contracting, compensation and FMV. I’d absolutely recommend Leard to any organizations in need of physician contracting and compensation services.

Aimee Brewer, MPH

President & CEO, Sturdy Memorial Hospital

Leard is an expert in urgent care clinic startups and emergency medicine program development. He has been instrumental in developing and leading a thriving partnership between Carbon Health and his hospital employer, which has now grown to four clinic locations. On emergency medicine program development - his expertise in program design, transition, and implementation have been critical in creating a successful ED program with high physician satisfaction and retention.

Caesar Djavaherian, MD

Co-Founder, Chief Clinical Innovation Officer, Carbon Health

Leard is an expert at analyzing, negotiating, and leading health system program development and transitions, far above industry best practices. He managed almost every aspect of provider relations for multiple hospital-based and ambulatory physician services and had the trust of our physicians during difficult conversations about productivity and resources. He is masterful at FMV analysis, building clinical programs, leading physician relations, and project managing large scale transitions.

Seth Kaufman, MD, FACEP

Chief Medical Officer/Chief Quality Officer, NorthBay Healthcare
I have had the pleasure of working with Leard for many years on physician recruitment, contracting, compensation design, FMVs, and clinic M&A. Leard’s analysis-based approach combined with a personable and collaborative style make him very effective and efficient in successfully attracting and retaining physicians. His data-driven, FMV-based, compliant, yet simple physician compensation analyses lead to satisfied physicians and administrators.

Eric Rose, MBA

VP of Physician Recruitment, HCA Physician Services Group

Leard has managed the contracting and compensation processes and relationship between our anesthesia group and a partner hospital system. Leard’s direct, data-driven, inclusive, and collaborative approach has been highly effective in managing the anesthesia relationship and improving the contractual outcomes. Leard is a highly skilled hospital administrator when it comes to physician contracting, retention and satisfaction. Highly recommended!

Adam Tibble, MD, MBA

Medical Director, CASE Anesthesia


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