When creating on-call compensation agreements, having reliable compensation benchmarks is essential, especially given the regulatory requirement that hospital-physician financial relationships must reflect the fair market value of the physician’s services.
Commercially available survey data is helpful as a checkpoint in this regard, but it can be limited, both in terms of sample size and survey respondent reliability. Our Call Pay Calculator® addresses these limitations and provides an additional resource for a more reliable and legally defensible approach to call pay.
The Call Pay Calculator® is a compilation of actual call pay per diems paid by hospitals to physicians. It is designed to be flexible, allowing our clients to build call-compensation reports based on criteria such as specialty, benchmark, and/or trauma level designation. Other features include the ability to save and print reports for use in presentations and proposals.
This resource is available to our clients at no cost, but anyone can subscribe to The Call Pay Calculator® for $1995 a year.
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IS YOUR ON-CALL COMPENSATION PROGRAM SUSTAINABLE? LEARN MORE CONTACT US LEARN MORE CONTACT US The Call Pay Solution® On-call compensation issues involve two divergent perspectives: the medical staff’s and the hospital administration’s. Physicians perceive a justifiable need to be compensated fairly for the services they provide. Administrations face the challenge…
Podcast: Interview with Dr. Tom Oliver By: Kyle Worthy Episode Description During his time as president of the medical staff at Winchester Medical Center, Dr. Tom Oliver helped his organization successfully navigate a variety of challenges. But none would test his leadership skills more than an on-call compensation crisis. In this episode we talk with…
DO YOUR CALL PAY ARRANGEMENTS CREATE MORE DIVISION THAN ALIGNMENT? LEARN MORE CONTACT US LEARN MORE CONTACT US The Physicians’ Call Committee™ Call pay decisions are often made behind closed doors creating a lack of transparency that leads to division among medical staff and increases distrust of administration. The…