Do doctors get paid for being on call?
About 60% of hospitals still offer doctors on-call pay. Among doctors who do receive on-call pay, the nature of the pay also varies quite a bit. The majority, 35%, get on-call pay in the form of daily stipends, while 12% receive annual stipends, and just 7% receive hourly stipends.
How much should I charge for on call?
According to the MGMA (Medical Group Management Association) On-Call Compensation Survey, on average, hourly on-call pay rates range from $16.67 per hour on the low end to $26.96 per hour on the high end.
What is physician call pay?
On-call pay is a hospital’s payment for access to physicians who provide call coverage. Each of these requires that physician compensation arrangements, including on-call pay arrangements, fall within fair market value and are commercially reasonable.
What is restricted call coverage?
Type of call. There are two types of physician call coverage arrangements: restricted and unrestricted. Restricted call coverage requires physicians to be at — and, if necessary, sleep at — the hospital while they are on-call.
How much does a trauma surgeon make per day?
For example, she says the average rate for restricted trauma surgery call coverage is between $2,000 and $2,500 per physician per 24-hour day, and that figures drops to $1,000 to $1,500 per physician per day for unrestricted call coverage. 2. Payor mix.
How much does a trauma call panel pay?
Physicians serving on a trauma call panel are more likely to be compensated for call coverage and the rates are generally higher than physicians providing general ED coverage. For example, the median hourly rate for Neurosurgery call in a Level 1 Trauma Center was $83.33, compared to a median rate of $62.50 for all types of organizations.7
Why are hospital call compensation rates so high?
Coverage limitations. The less physicians a hospital has access to for call coverage, the more those physicians will be paid due to scarcity. Coverage limitation is an example of a “supply versus demand” quality of a call compensation plan.
What are the factors that determine physician call compensation?
Here are 11 factors that can help hospitals establish fair market value for their physician call compensation plans. 1. Type of call. There are two types of physician call coverage arrangements: restricted and unrestricted.