11 Statistics on Physician Call Coverage Contracts
MD Ranger recently released its third annual physician contract benchmark report, which details physician compensation rates for on-call coverage, hospital-based physician services and other contracted areas.
The report used data from more than 5,000 physician contracts. Here are some of the key findings from the benchmark report.
Call coverage
• On-call coverage contracts rose by an average of 8.8 percent, although call coverage did not fluctuate for most of the specialties.
• Trauma centers pay an average of 22 percent more for call coverage than hospitals that are not designated trauma centers.
• Trauma surgeons and orthopedic trauma surgeons had the highest on-call coverage compensation. Each had a median rate of $2,320 per day.
• On-call compensation was 30 percent higher for weekend contracts compared with weekday contracts.
• Multi-campus call coverage contracts were 25 percent less costly than single-campus contracts.
Medical direction, administrative and leadership services
• Surgical specialties had the highest hourly rates for these services at $200 per hour, $50 higher than the median for all specialties.
• Increasing hospital size by 100 beds made compensation swell by 16 percent per hour.
• Independent hospitals required 50 percent more hours of their medical directors than hospitals within a health system.
Hospital-based physician services
• Anesthesiologists had an average stipend of $707,000 for comprehensive coverage of the entire service — the most of any hospital-based service.
• Roughly 7 percent of all contracts included incentives.
• Nearly 20 percent of hospital-based on-call coverage contracts had a payment provision for taking care of the uninsured.
More Articles on Physician Compensation:
45 New Statistics on ASC Specialist Compensation
7 Statistics on Gastroenterologist Compensation and Satisfaction From Medscape
Managing Compensation for Anesthesiologists, CRNAs and AAs
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