Tip of the week: Medical directors should keep track of hours to receive fair compensation
Medical Staff Leader Connection, July 15, 2009
Want to receive articles like this one in your inbox? Subscribe to Medical Staff Leader Connection!
Vast pay discrepancies for medical directorships exist depending on specialty, region, and type of healthcare facility, according to a recent study conducted by the Medical Group Management Association, Medical Directorship and On-Call Compensation Survey: 2009 Report Based on 2008 Data.
One way medical directors can ensure that they are being paid fairly is to keep track of their hours. Administration should know how much time medical directors put into their roles that they can compensate accordingly. If you are putting in so much time that your directorship is the equivalent of another full-time job, but you aren’t getting paid, keeping track of this time is invaluable leverage.
According to the study, internal medicine and OB/GYN medical directors spend the most time (10-12 hours per week) on their responsibilities, whereas urology medical directors spend the least amount of time (two hours per week). Most medical directors reported spending five hours per week seeing to their duties.
This week’s tip is adapted from “Medical Directorships: Define responsibilities to ensure fair pay” in the July issue of Medical Staff Briefing.
Want to receive articles like this one in your inbox? Subscribe to Medical Staff Leader Connection!
Related Products
Most Popular
- Articles
-
- Q/A: Billing telemetry daily monitoring
- Credentialing monthly: What is the role of the credentials committee in addressing unprofessional conduct?
- 2010 ICD-9 code updates now available online
- Master modifiers to ensure accurate reimbursement
- H1N1 hits Maine facility
- Radiologist indicted for fraudulently signing reports
- Don’t be scared into silence: Affiliation letter safeguards allow you to disclose more
- National Quality Forum creates standardized set of data for electronic health records
- New report reveals $47 billion in Medicare fraud
- Understand the H1N1 Flu and how to code it
- E-mailed
-
- Credentialing monthly: What is the role of the credentials committee in addressing unprofessional conduct?
- Q/A: Billing telemetry daily monitoring
- New report reveals $47 billion in Medicare fraud
- Radiologist indicted for fraudulently signing reports
- Revised MS.1.20 'huge improvement', out for comment again
- H1N1 hits Maine facility
- Briefings on Outpatient Rehab Reimbursement and Regulations, December 2009
- Hand hygiene rates improved through variety of reinforcement styles
- Press Ganey report: Patient satisfaction increasing across the country
- Residency Program Alert, December 2009
- Searched
