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Physician Non-Monetary Compensation and Incidental Medical Staff Benefits - page 13 / 38

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Definition – Non-Monetary Compensation

Please note that gift certificates generally are considered cash equivalents, and therefore, will not fall within the non-monetary compensation exception.  Gift certificates that are redeemable for a significant variety of items are considered cash equivalent, i.e., a $10 Wal-Mart gift card may be used to purchase a variety of items, and therefore, it is cash equivalent and does not fall within the non-monetary compensation exception.  A punch card worth ten free coffees only redeemable for those ten coffees is not considered cash equivalent, and therefore, may be considered non-monetary compensation.

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