Understanding Market Data Archives

Cost Management, MD Ranger, Understanding Market Data

MD Ranger’s 2022 Report: New Benchmarks Suggest the Growing Scope and Complexity of Physician Transactions at Hospitals and Health Systems

Posted on April 26, 2022

Understanding Market Data

Where on the Market Range Do You Pay? Profile Your Facility

While the federal government does provide baseline guidance, it is ultimately up to the organization itself as to where on the market ranges they choose to pay.

Posted on December 31, 2018

Physician Contract Strategy, Understanding Market Data

Physicians: Use Market Data for Negotiations with Hospitals

If you walk into a negotiation without knowing what the market rates look like for your specialty, you’re missing a huge opportunity.

Posted on December 27, 2018

Compliance, For Physicians, Understanding Market Data

Addressing Outlier Physician Payments

Understanding how outliers affect market data and what to do if your contract falls outside market ranges is an important aspect of a physician contracting compliance program.

Posted on June 12, 2018

Compliance, Understanding Market Data

Why Benchmarks Change

Benchmarks can change from year to year, significant shifts are uncommon.

Posted on June 5, 2018

Understanding Market Data

Does Geography Influence Physician Contract Rates?

MD Ranger analyzes the impact of geography on rates across the entire database…

Posted on May 29, 2018

Understanding Market Data

Market Conditions Contributing to Commercial Reasonableness

When it comes to market conditions contributing to commercial reasonableness, some contributing factors are organization-specific, but others are influenced externally.

Posted on May 15, 2018

Compliance, Understanding Market Data

Finding the Best Market Range for FMV

Using market data to document fair market value for physician contracts can be a cost effective way to standardize compliance efforts.

Posted on May 10, 2018

Understanding Market Data

Using Market Data for FMV

If you’re already using compensation benchmarks, check out this resource to ensure it is being used correctly.

Posted on April 24, 2018

Understanding Market Data

Five Questions to Ask Before Using Market Data

Understanding and properly applying market data isn’t always straightforward

Posted on March 27, 2018

Compliance, Cost Management, Understanding Market Data

Evaluating Physician Compensation Survey Quality

Most physician payment rates fall within a reasonable market range. But in some cases, a payment rate may be well beyond the norm. These unusual payment rates, which can sometimes impact benchmark calculations, are outliers.

Posted on August 4, 2015

Compliance, Cost Management, Physician Contract Strategy, Understanding Market Data

Dealing with Changing Benchmarks

Market data is an efficient and cost effective way to structure a physician contracting compliance program, and is used by hundreds of hospitals across the country.

Posted on February 17, 2015

Understanding Market Data

How Does Geography Influence Physician Contract Rates?

MD Ranger analyzes the impact of geography on rates across the entire database each year and runs custom reports for various subscribers several times a year to evaluate the issue.

Posted on February 3, 2015