Regaining stability after the storm

Regaining stability after the storm

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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.

 

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