Case Study: Hospital CEO finds solution to call budget unpredictability
Summary:
Predictability in budgeting is everything. But for many hospital administrators, the rising cost of call pay and the constant possibility that yet more specialty groups will come forward asking for call pay makes setting a budget extremely difficult. But Bill Caldwell, CEO of Conemaugh Health System in Pennsylvania, has found a solution.
Specifically, he’s tapped into the uniquely innovative Call Pay Solution from MaxWorth Consulting.
Having worked with MaxWorth at two other hospitals before coming to Conemaugh, Caldwell has seen how the solution allows administrators to fix call pay budgets and actually recoup some of the expenditure over time.
Want to Learn More?
Check out these additional resources for the Call Pay Solution®, our three-phase, six-step process that empowers your organization to create a more fair, transparent and sustainable call pay plan.
Physician recruitment in rural America: Is paying more a sustainable solution?
Physician recruitment in rural America: Is paying more a sustainable solution? According to the 2021 Medscape Physician Compensation Report, states where physicians are paid most tend to be more rural. The top three, for example, are Alabama, Kentucky, and Oklahoma. This is most likely a result of these states having…
The enduring rise of call pay doesn’t have to be a liability
The enduring rise of call pay doesn’t have to be a liability When MaxWorth first created the Call Pay Solution, on-call compensation was one of the most contentious topics in healthcare. At a time when more and more physicians were demanding to be paid for call, most administrators were reluctant…
Physician input leads to fairness
Physician input leads to fairness Hospitals often rely on Fair Market Value (FMV) surveys to help them determine how much to pay physicians for services like taking unassigned call. While these surveys are a good place to start, they’re also problematic. Most of the hospitals we visit would only be…
Struggling healthcare organizations need sustainable solutions
Struggling healthcare organizations need sustainable solutions The economic impact of the pandemic has been hardest on hospitals in rural and underserved communities, many of which were already struggling to remain viable due to pre-pandemic financial strain. Mercy Hospital, the oldest in Chicago, announced this week that it has…