Regaining stability after the storm

AdobeStock_347079917 [Converted]

Like many businesses, hospitals are slowly beginning to find their footing. After months of uncertainty and fear, many are seeking to return to normal. But the experiences of the last few months will stay with us for sometime. 

 

Some clients have shared with us that revenue is down 50% or more for many healthcare organizations, including local practices. 

 

This financial strain has changed the needs of the healthcare community. It’s important to address these changes in order to regain a sense of stability and expedite your recovery from the unforeseen challenges brought on by Covid-19.

 

One outcome of the pandemic has been a renewed focus on call pay arrangements. Just like it has in the past, increased uncertainty has led to a rise in requests for call pay. In response, many of our clients, even those who have been inactive for years, have asked us to reinitiate their call committees

 

At MaxWorth, we believe that physician input is critical to informing the call compensation culture of a hospital. Now more than ever, it’s time to listen to your medical staff. Physicians understand the changing needs of their organizations better than anyone. Instead of allowing uncertainty to lead to agitation around the issue of call pay, by inviting participation, you can create a positive culture around call. In turn, you will be contributing to a growing sense of stability. Anything that supports stability will aid you in your recovery from the storm.

 

REQUEST OUR WHITE PAPER:

Complete the form below and receive a copy of our latest white paper, Call Pay Solution: Stabilizing call budgets with a fair and sustainable approach

Something went wrong. Please check your entries and try again.

Want to Learn More?

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…

A practice transition strategy that safeguards autonomy

A practice transition strategy that safeguards autonomy The prevalence of mergers and acquisitions in the healthcare community is showing no signs of waning. The 2020 Kauffman Hall M&A report stressed the remarkable nature of the fact that M&A activity remained “within historic range” during the pandemic when healthcare organizations were…

The Anonymous Physician on Employment

The Anonymous Physician:  Employment verses private practice To create a safe platform for physicians to discuss pressing issues in healthcare, we’re launching an Anonymous Physician column. From time to time, we’ll pose a question to a doctor, or a group of doctors, and post their answers anonymously, giving them the…

Happy National Women Physicians Day

Happy National Women Physicians Day Today is the fourth National Women Physicians Day. The date of February 3rd was chosen in honor of Dr. Elizabeth Blackwell, who was born on this day in 1821. Dr. Blackwell was the first female doctor in the United States and was instrumental in the…