The uninsured rate has increased. What does this mean for our hospitals?

By: Leah Worthy

AdobeStock_194118012 [Converted]

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 stress on emergency departments. Research done by the Kellogg School found that for every additional uninsured individual, a local hospital will incur another $900 of annual expense. The same research team also found that most of this burden falls on non-profit organizations, many of which are already struggling to survive in today’s environment. 

 

What does this mean for call pay?

 

A previous rise in uninsured patients, coupled with the passage of EMTALA, created the initial demand for call pay. Since uninsured rates are on the rise again, and hospitals are competing with one another for physician talent, it’s clear that the demand for call pay will not subside any time soon. For hospitals that don’t have a call compensation strategy in place, this expense could become a financial liability.

 

Sustainability for the future

 

That’s why thoughtful call compensation design is so important to the financial futures of our hospitals. In order to ensure the sustainability of our call pay programs, MaxWorth’s Call Pay Solution incorporates a cost-recovery platform that enables hospitals to recover a portion of their call pay expenditures. 

 

The power of physician participation

 

Our program also establishes a Physicians’ Call Committee. Physician involvement empowers a medical staff to see to the ongoing success of the program no matter how many times a hospital undergoes changes in leadership or ownership.

 

If the number of people covered by health insurance continues to decline, the need for call pay will only become more prevalent. In order to make sure a hospital’s financial future is not threatened by this mounting expense, it’s important to establish a call pay program that’s both sustainable and meaningful to physicians.

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?

The cascading impact of call coverage disputes

The cascading impact of call coverage disputes By: Kyle Worthy In early September, Community Regional Medical Center in Fresno, CA was given 48 hours to resolve a contract dispute that had resulted in the loss of neurosurgery coverage in their emergency department. If they had failed to resume coverage, they…

Telemedicine’s impact on call pay

Telemedicine’s impact on call pay By: Kyle Worthy COVID has brought about the widespread adoption of telemedicine. This technology can be a lifeline, particularly for smaller and rural facilities. For example, KershawHealth in Camden, South Carolina has thrived since it implemented a sophisticated telehealth system after losing many of its…

Perspectives on a Pandemic: Lessons learned from our podcast series

Perspectives on a Pandemic: Lessons learned from our podcast series By: Kyle Worthy Understanding COVID-19 has been a challenge, but at least one thing was immediately clear: its impact would be far reaching. Our podcast, Courage in Healthcare, recently launched a series called “Perspectives on a Pandemic.” We’ve spoken to…

Perspectives on a Pandemic: Dr. Ben Fickenscher

Perspectives on a Pandemic: Dr. Ben Fickenscher By: Kyle Worthy Courage in Healthcare · Perspectives on a Pandemic: Dr. Ben Fickenscher The Pandemic’s Impact On The Opioid Crisis   Covid-19 has altered our world in many ways. Members of the healthcare community have overcome unforeseen challenges and, in the process, they’ve…