Artwork

Innhold levert av MGMA. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av MGMA eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Player FM - Podcast-app
Gå frakoblet med Player FM -appen!

Ask An Advisor: Insight to Navigating On-Call Compensation

14:04
 
Del
 

Manage episode 448569819 series 1260959
Innhold levert av MGMA. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av MGMA eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Welcome to the MGMA Ask An Advisor Podcast, hosted by Daniel Williams, Senior Editor at MGMA, and joined by Cristy Good, Senior Advisor at MGMA. In this episode, we address one of the pressing challenges for medical practices: structuring on-call compensation effectively. This conversation dives into common models, compliance considerations, balancing workloads, and managing provider burnout. Medical practice leaders will find practical solutions and strategies to ensure fair, transparent, and market-aligned on-call practices, helping mitigate potential issues within their teams.

Key Takeaways:

  • On-Call Compensation Models:
    • Daily Stipend: A common approach offering a fixed daily rate, typically ranging from $1,000 to $1,500.
    • Hourly Compensation: Payment based on active hours, providing flexibility but requiring close time tracking.
    • Productivity-Based Pay: Aligns compensation with volume or service type but can lead to variable income.
    • Minimum Guarantee: Ensures a base pay with a potential bonus for exceeding on-call demands.
    • Tiered Compensation: Adjusted rates for specific times or services, ideal for practices with diverse on-call needs.
  • Ensuring Compliance and Fair Market Value:
    • Leverage MGMA DataDive for benchmarking compensation within specialties and regions.
    • Avoid arrangements that could imply incentivizing referrals, adhering to Stark Law and Anti-Kickback Statutes.
    • Keep thorough documentation on call frequency, provider burden, and response requirements to support defensible compensation structures.
  • Balancing On-Call Responsibilities:
    • Implement shared call models and clearly define call duties within provider agreements.
    • Encourage open communication among providers to discuss and address workload concerns.
    • Include flexibility by allowing providers to trade shifts, ensuring fair distribution across the team.
  • Mitigating Provider Burnout:
    • Practices can bring in nocturnists or hospitalists for night and weekend shifts, reducing the strain on regular staff.
    • Openly address provider workload concerns, fostering a supportive environment for well-being.
  • Resources and Links:

For more resources and direct assistance with your practice needs, check the episode show notes or visit MGMA’s website for insights on on-call compensation and other key topics.

  continue reading

646 episoder

Artwork
iconDel
 
Manage episode 448569819 series 1260959
Innhold levert av MGMA. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av MGMA eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Welcome to the MGMA Ask An Advisor Podcast, hosted by Daniel Williams, Senior Editor at MGMA, and joined by Cristy Good, Senior Advisor at MGMA. In this episode, we address one of the pressing challenges for medical practices: structuring on-call compensation effectively. This conversation dives into common models, compliance considerations, balancing workloads, and managing provider burnout. Medical practice leaders will find practical solutions and strategies to ensure fair, transparent, and market-aligned on-call practices, helping mitigate potential issues within their teams.

Key Takeaways:

  • On-Call Compensation Models:
    • Daily Stipend: A common approach offering a fixed daily rate, typically ranging from $1,000 to $1,500.
    • Hourly Compensation: Payment based on active hours, providing flexibility but requiring close time tracking.
    • Productivity-Based Pay: Aligns compensation with volume or service type but can lead to variable income.
    • Minimum Guarantee: Ensures a base pay with a potential bonus for exceeding on-call demands.
    • Tiered Compensation: Adjusted rates for specific times or services, ideal for practices with diverse on-call needs.
  • Ensuring Compliance and Fair Market Value:
    • Leverage MGMA DataDive for benchmarking compensation within specialties and regions.
    • Avoid arrangements that could imply incentivizing referrals, adhering to Stark Law and Anti-Kickback Statutes.
    • Keep thorough documentation on call frequency, provider burden, and response requirements to support defensible compensation structures.
  • Balancing On-Call Responsibilities:
    • Implement shared call models and clearly define call duties within provider agreements.
    • Encourage open communication among providers to discuss and address workload concerns.
    • Include flexibility by allowing providers to trade shifts, ensuring fair distribution across the team.
  • Mitigating Provider Burnout:
    • Practices can bring in nocturnists or hospitalists for night and weekend shifts, reducing the strain on regular staff.
    • Openly address provider workload concerns, fostering a supportive environment for well-being.
  • Resources and Links:

For more resources and direct assistance with your practice needs, check the episode show notes or visit MGMA’s website for insights on on-call compensation and other key topics.

  continue reading

646 episoder

Alle episoder

×
 
Loading …

Velkommen til Player FM!

Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.

 

Hurtigreferanseguide

Copyright 2025 | Sitemap | Personvern | Vilkår for bruk | | opphavsrett
Lytt til dette showet mens du utforsker
Spill