Maxworth Resouces: Call Pay and Financial Stability 

The MaxWorth Team has been working with professionals in the healthcare industry for over thirteen years. What’s the most important thing we’ve learned? That there’s always more to learn. Healthcare is constantly changing. So are the challenges we aim to address.  We hope you can benefit from the collective knowledge and experiences of our clients and strategic partners.

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Case Study: New Hospital Finds Path to Financial Stability

New hospital finds path to financial stability 105 Beds 45,000 ER Visits Murrieta, CA “It’s been a good financial model because it’s reliable. We’re very pleased with it, and I’m glad we implemented it.”Peter Baker, Senior Vice President/Administrator of Loma Linda University Medical Center – Murrieta The Challenge   Whenever you’re launching a new project,…
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Case Study: Hospital CEO finds solution to call budget unpredictability

Hospital CEO finds solution to call budget unpredictability 468 Beds Trauma Designation Johnstown, PA “Anybody that’s looking at how to manage call pay, they absolutely should go through the process and learn about it.”   Bill Caldwell, CEO of Conemaugh Health System The Challenge Predictability in budgeting is everything. But for many hospital administrators, the…
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Curbing ED costs could save rural hospitals

Curbing ED costs could save rural hospitals By: Kyle Worthy A recent study confirms that rural hospitals are threatened by significant financial instability. Out of the country’s 1,844 rural hospitals, 453 are vulnerable to closure. In fact, nearly 50% are operating in the red, and this number is steadily increasing, evidenced by the 39% that…
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The rising cost of call pay can be unsustainable, even for large health systems

The rising cost of call pay can be unsustainable, even for large health systems By: Kyle Worthy The rising cost of call pay is well documented. According to a 2014 Sullivan Cotter survey, the average hospital’s call pay expense rose 50% from 2012-2014, and it has continued to rise in the years since. Many have…
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Call Pay: An Unlikely Path to Financial Stability

Call Pay: An Unlikely Path to Financial Stability By: Kyle Worthy The traditional approach to call pay allows the expense to become an unpredictable liability. Since the passage of EMTALA, there has been a steady increase in physician demands for call compensation. Hospitals often feel they have no choice but to give in to these…
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The uninsured rate has increased. What does this mean for our hospitals?

The uninsured rate has increased. What does this mean for our hospitals? By: Leah Worthy The annual U.S. Census Bureau report found that the number of Americans without insurance rose in 2018 for the first time in a decade, increasing by about two million people. It’s reported that a rise in uninsured Americans places increased…
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Securing Call Coverage: Is employment the answer?

Securing Call Coverage: Is employment the answer?  By: Kyle Worthy When determining the fair market value of on-call compensation rates, the latest Sullivan Cotter survey is the most frequently used resource. At MaxWorth, we don’t believe survey results should be the sole factor in the decision-making process. Surveys are often flawed, and their rates are…
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Hospital call pay: Turning a burden into a benefit

Hospital call pay: Turning a burden into a benefit By: Kyle Worthy, Senior Consultant Hospitals are struggling to survive. Financial challenges from shrinking reimbursements and skyrocketing expenses have pushed many facilities to the brink. The problem is especially dire in rural communities, where 5 percent of hospitals have closed since 2010, and another 21 percent…
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