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MD Ranger’s analytic tools generate an Executive Summary which provides day-to-day compliance and physician contracting staff a report to share with executives and the board.
A single page report is automatically created for each physician contract which summarizes the contract rates and terms.
MD Ranger produces reports that compare each physician contract that a subscriber has to the benchmarks.
Most physician payment rates fall within a reasonable market range. But in some cases, a payment rate may be well beyond the norm.
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.
There are always cases that are in the grey areas or are just downright complicated.
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.
We’ve seen hospital administrators struggle to determine what is appropriate for their organization. The truth is that opportunity cost can be difficult to measure and document.
Stark Law not only requires that physicians be paid fair market value, but that the payment be commercially reasonable.
Stark Law not only requires that physicians be paid fair market value, but that the payment be commercially reasonable