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MD Ranger provides high-quality market data and analytics for physician compensation arrangements for call coverage, medical direction, hospital-based services, hospital-based clinics, and diagnostic testing services. MD Ranger meets the business planning and compliance needs of hospitals and health care organizations by providing physician contract benchmarks that show what hospitals and other facilities are paying for call coverage, medical direction, administrative, and leadership services, as well as hospital based services and diagnostic tests.
MD Ranger’s robust database combines verified hospital and facility data with proprietary data drawn from the founders’ thousands of fair market value opinions written over the past decade. This permits MD Ranger to provide accurate, timely and cost-effective market data for a range of physician service agreements — to help you analyze physician contracts and compensation strategies.
MD Ranger's reports deliver a comprehensive set of easy-to-use benchmarks for a wide range of call coverage, medical direction, leadership and administrative services, hospital-based group services, and diagnostic testing and clinical services. Click here for a complete list of services. Benchmarks are calculated with hospital-verified data and the founders' proprietary contract database, encompassing more than 300 hospitals, 27 states, and 9,000+ contracts.
This report contains percentile ranges for a broad scope of call coverage services. Benchmarks are reported for:
This report contains physician contract payment ranges for medical directorship, administrative, and leadership services. In addition to the standard payment benchmarks, the reporting and analysis includes:
This report includes services covered by physician groups contracting with a hospital to provide comprehensive coverage services, including on-site coverage, on-call or emergency department coverage, clinical services, administration and medical direction. We report on the scope of service, compensation methods, and the relationships between rates and beds, census, and other significant factors.
Specialties reported include:
The following diagnostic testing services are reported:
The extensive MD Ranger database may be used to evaluate unique physician contracting situations and significant factors that affect physician compensation, such as level of service, depth of coverage, provision for unsponsored patients, multi-campus arrangements, and dual-panel arrangements. Custom reports and consulting services will be available through MD Ranger and its affiliated consulting firms, Cattaneo & Stroud, Inc. and HealthWorks, Inc. to analyze situations not included in the Standard Reports.
MD Ranger Analytics helps you understand your spending with tools that let you compare facilities and medical services with each other and with MD Ranger benchmarks.
MD Ranger Analytics uses pie charts to show how spending is allocated. Here's an example that shows how spending is divided among types:
MD Ranger Analytics uses bar charts to compare spending by facility or by medical service:
MD Ranger Analytics offers a wide range of reports:
This report excerpt compares contracts with MD Ranger Benchmarks. The colored icons indicate at a glance where the contract stands:
MD Ranger’s unique database gives your organization access to high-quality market data, and provides intuitive online tools to help analyze physician costs.
With MD Ranger, organizations can:
MD Ranger Provides:
MD Ranger's reports set a new standard for comprehensive, high quality market data to help you evaluate fair market value for physician contracts. Our reports are based on a robust database of physician contract information. The database comprises subscriber contracts as well as proprietary data drawn from the founders' years of fair market value opinions and consulting.
MD Ranger subscribers submit their data through a simple, easy-to-use online survey that collects information that may affect payment rates for both call coverage and medical direction services.
Our powerful database includes:
MD Ranger captures basic hospital characteristics to allow statistical analysis of factors that affect payment terms to help facilities evaluate physician fair market value. Other statistics are embedded in the MD Ranger database for report production are: hospital size, location, census, ownership, trauma status, teaching status. Additional information collected from subscribers includes:
MD Ranger reports include information on a number of call coverage, medical direction, administrative, and leadership services. Here is a sample of medical specialities included in the reports:
|Internal Medicine||Nephrology/Dialysis||Vascular Surgery|
|General Surgery||Neurology||Thoracic Surgery|
|Gynecology Only||Orthopedic Surgery||Trauma Surgery|
|Cardiac Surgery||Otolaryngology||Critical Care/ICU|
|Chief of Staff||Plastic Surgery||Trauma Neurosurgery|
|Gastroenterology||Psychiatry||Facial Injury Trauma|
|Infectious Disease||Pulmonary||Spine Surgery|
|Maxillofacial Surgery||Urology||Hand Surgery|
The MD Ranger database allows us to provide ongoing identification of trends and factors affecting contract terms such as geography and scope of services, and historical rates. Our special reports and consulting services can inform questions such as:
MD Ranger's software is designed around the best security practices employed in the commercial banking sector to ensure confidentiality of data. Our website developers have created commercial applications both domestically and internationally for major corporations for more than twenty years.
All submitted information is maintained in a confidential database with access limited to authorized employees of MD Ranger.
MD Ranger's data is compiled and reported in compliance with the Antitrust Safety Zone (Statement 6) published by the U.S. Department of Justice and the Federal Trade Commission, meaning:
How much should you be compensated for emergency call coverage? Are the hours per month you’re expected to work as a medical director reasonable? Are you being paid fairly for the non-clinical duties you’re performing? Market data can be a powerful tool to answer these questions, and more.
While there is no straightforward answer for determining compensation for doctors, accessing reliable, hospital-verified market data to help work towards a number is easy. Understanding the relevant data for your region, type of hospital, market, service, and specialty will further negotiations, ensure you are being paid fairly and similarly to like-physicians, and increase your confidence in asking for what you need.
Feel secure when entering contract negotiations with your hospital’s administrators. Access MD Ranger’s specialty benchmark data today.
Health facility administrators face many challenges. Having the right physician leaders improves both quality and referrals, but finding physicians who are the right fit for your organization can be difficult. MD Ranger provides the market data and tools to understand what it takes to engage physicians for key administrative and directorship positions.
Market data from MD Ranger reports can help you negotiate competitive contracts and document fair market value. Our unique subscription-based service allows partners to know if and how other facilities are compensating physicians for key positions, how much is being paid, and how many hours are required for the role.
MD Ranger, Inc. was founded by Penny Stroud and Craig Paxton of Cattaneo & Stroud, Inc., and Michael Heil of HealthWorks, Inc., to bring better information about physician compensation to hospitals and health care providers. The founders have a combined 75-plus years of experience in executive management positions in health care and have written more than a thousand physician fair market value opinions.
Our Physician Compensation Toolkit helps hospitals, physicians and health systems determine
appropriate compensation rates, negotiate competitive contracts, comply with federal regulations,
and identify opportunities for cost savings. The company's proprietary database and benchmarks
reduce the complexity and costs of establishing fair market value for on-call arrangements,
medical directorships, administrative services, diagnostic testing services, and hospital-based physician groups.
We are changing the way that hospitals and physicians use data to drive decisions about compensation.
Penny Stroud is CEO and founder of MD Ranger, Inc. She founded the company with Michael Heil and Craig Paxton to address the lack of high-quality physician compensation data available to health care providers.
Prior to MD Ranger, Penny also founded Cattaneo & Stroud, Inc., a health care consultancy specializing in strategic business planning for hospitals, health systems, and other providers. She has analyzed hundreds of physician contracts and has written as many physician fair market value opinions for clients. She has consulted for more than 30 years, and holds a masters degree in Health Administration and Planning from The Johns Hopkins University and a bachelor of arts degree from Stanford University. She is a member of the Society of Professionals in Healthcare, MGMA, the California Healthcare Association, and Women Health Care Executives.
Michael Heil is a founder of MD Ranger. Prior to MD Ranger, he founded consulting firm HealthWorks, Inc., where he specializes in fair market value analysis and management consulting for hospitals and health care providers. Michael has 35 years of experience in health care management and consulting. He has served as president of California Shock/Trauma Air Rescue (CALSTAR) and in management engineering positions in industry and hospitals. Michael received a B.S. in Industrial Engineering from Lehigh University and a Masters degree in Hospital and Health Services Administration with distinction from the Graduate School of Business at Cornell University. He is a Certified Valuation Analyst in the National Association of Certified Valuation Analysts.
Craig Paxton is a founder and chief statistician for MD Ranger, Inc. Craig provides statistical analysis and database development expertise for MD Ranger. He is also a principal in Cattaneo & Stroud, Inc. specializing in health care market demand analysis, cost effectiveness analysis, software development, and forecasting. Craig has also worked for McKesson Corporation, and he served six years as senior economist at Kaiser Permanente. Craig received his Ph.D. in economics from Northwestern University in 1987, and holds a B.S. from Santa Clara University.
MD Ranger’s unique subscription model results in a robust database with hospital-verified data. The firm partners with both small, rural hospitals to large, urban health systems to enhance database diversity. MD Ranger’s partners include:
Cattaneo & Stroud was formed in the early 1980s by Grant Cattaneo and Penny Stroud. The firm focuses on strategic planning, industry analysis, integrated delivery system development, and managed care strategy and operations. Craig Paxton is a Principal on their senior team. www.cattaneostroud.com
HealthWorks Inc was founded in the mid 1990s by Michael Heil and Bette Gardner. The firm focuses on trauma center development, strategic planning, litigation support, and valuation services. Leanne Zimmerman serves as Chief Executive Officer. www.hworksinc.com
Healthcare is one of the most rapidly changing industries today. You need reliable and timely information to stay informed. Our resource center provides white papers, case studies, checklists, and more to help streamline your physician contracting process while staying within federal guidelines.
Physician Contract Rates at Hospitals Simmer Down in 2012
In Becker's Hospital Review, May 2, 2013
Doctors contracts stabilize
In San Francisco Business Times, May 30, 2013
MD Ranger adds John Muir Health
In San Francisco Business Times, September 28, 2012
Documenting Fair Market Value for Physician Contracting, by Penny Stroud (download pdf)
In Compliance Today, December 2011
Benchmarking Call Coverage for a Better Bottom Line
In HealthLeaders Media, July 18, 2011
Nine Strategies for Managing Physician Compensation Contracting, by Penny Stroud
In Executive Insight, April 20, 2011
6 Elements Affecting Hospital-Based Physician Service Contracts
In Becker's Hospital Review, April 5, 2011
Trauma Hospitals Pay a Premium for On-Call Coverage, Medical Direction Services, According to New Report from MD Ranger, Inc.
In Fierce Healthcare, February 18, 2010
Report: CA hospitals paid $1.6B for "on-call" and other MD services in 2008
In the San Francisco Business Times, February 15, 2010
Hospital data firm signs CHW, looks for big growth
In the San Francisco Business Times, October 5, 2009
|April 26, 2013||MD Ranger Releases Fourth Annual Reports, Showing Stabilizing Rates in Physician Compensation|
|April 25, 2012||MD Ranger Releases Third Annual Reports, Showing Modest Increases in Physician Compensation|
|December 8, 2011||Two More Northern California Hospitals Choose MD Ranger for Physician Contracting Support|
|June 20, 2011||Regions Hospital Selects MD Ranger to Provide Compensation Benchmarks for Physician Contracting|
|April 28, 2011||Northern California Hospitals Select MD Ranger Physician Contracting Benchmarks|
|March 29, 2011||MD Ranger Inc. Physician Contract Benchmarks Report Shows Anesthesia Highest Paid Hospital-based Physician Service and Steady Increases in On-Call and Medical Direction Services|
|February 14, 2011||Packard Children's Hospital Chooses MD Ranger Compensation Benchmarks for Physician Contracting|
|December 1, 2010||MD Ranger Sees Continued Market Expansion of Physician Contracting and Compensation Database|
|February 8, 2010||Trauma Hospitals Pay a Premium for On-Call Coverage, Medical Direction Services, According to New Report from MD Ranger, Inc.|
Arizona Hospital and Healthcare Association Webinar
November 6, 2013, 10:30 PST
Click here for more information.
HCCA Compliance Institute
March 30-April 2, 2014, San Diego, CA
CAHF Annual Convention
November 10-13, 2013, Palm Springs, CA
HCCA Upper West Coast Conference
December 6, 2013, San Francisco, CA
CHPAC Hospital Council
October 2, 2013, Squaw Creek, CA
HFMA Golf Tournament
October 4, 2013, Livermore, CA
Arizona Hospital Association Webinar: A Data-Driven Approach to Fair Market Value for Physician Compensation
Offered in partnership with the Arizona Hospital and Healthcare Association, March 10, 2011.
Please fill out this form to send us a message about your interest in MD Ranger. We will get in touch with you as soon as we can. (Fields marked with a star are required.)
Using benchmarks is a strategy for comparing one’s company to other similar companies in terms of quality, time, or spending. Benchmarks are used to emulate the best practices of an industry to make one’s company better. Benchmarks can facilitate decision-making processes in situations where other guiding numbers may not be available.
MD Ranger’s physician contracting benchmarks are different from others’ because we collect data directly from hospitals. We collect data that other surveys do not such as whether or not a hospital provides a service which can help an organization establish commercial reasonableness.
Our benchmarks can help you gain a sense of control over physician contracting spending. They can also assist you in establishing and maintaining compliance to keep your peace of mind in case of an audit. MD Ranger benchmarks provide a cost effective alternative to fair market value opinions.