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2nd October
written by Tellus

According to MD Ranger`s database with more than 33,000 medical contracts, more than 70% of call coverage contracts are paid at a daily rate. Pro-diem contracts are usually the simplest type of call coverage agreements and are therefore usually the easiest to pay. Despite the advantages of pro-Diem rates, nearly 30% of call coverage contracts contain multiple payment methods. If you`re discovering whether it makes economic sense to pay for call coverage for a particular service, it`s important to consider how often other similar organizations pay for the service. One section of data that is useful in this analysis is the Md Ranger repository for the percentage of subscribers who say they pay for specialties. Despite the lack of a clear line, determining economic adequacy is an important first step before considering a payment rate. If it is not wise to pay funds on a day-to-day basis for a given service, but some kind of compensation is needed, you should consider alternatives. An example may be a general operations contract that currently pays $US 500 per day every day of the year. In the negotiations, doctors demand greater compensation on weekends or public holidays.

The new rates can be calculated by reducing the old rate by 20% to find the new rate of the week. In this case, the new price of the week is 400 dollars. There are three ways to add a weekend and/or holiday rate: a single weekend rate, a single holiday rate or both a weekend and a holiday rate. In our last blog post, we looked at which medical and surgical specialties are most likely to be paid for call coverage contracts. In this article, we`ll look at MD Ranger`s benchmarks for medical contracts in 2017 and look at the call coverage agreements that had the highest rates of pay per year. Multi-facility medical management and administrative agreements also reduce costs. A single doctor`s contract for the same service at two sites typically costs only 37% more than a comparable position for each campus. Over the past decade, medical expenses have increased by more than 40 percent of total hospital operating expenses, according to OSHPD data. .

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