Tis the Season: Paying Physicians Holiday Coverage Rates

Posted on
December 23, 2013

Does your organization pay physicians above and beyond to take call over the holidays?

Submit your email below to receive this post directly in your inbox

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Does your organization pay physicians above and beyond to take call over the holidays?

According to our database, some – but not very many – do.  Out of over 1,400 current call arrangements, only 4.4% have a holiday differential that pays physicians a different rate for for holidays than for other days of the week.   In fact, the per diem for a holiday averaged 43% more than the non-holiday per diem.

These contracts represent contracts with more than five times that many doctors since MD Ranger only counts one contract rate per facility per benchmark.

In terms of total annual payments, call contracts with a holiday per diem pay out a total of 10.6% more than contracts that do not include a holiday per diem.  In other words:  holiday per diems do have an impact on your overall physician contracting costs.  Adding a holiday pay component can sometimes be a good strategy for minimizing a contract increase rather than increasing payment every day of the year.

Need help with 2014 coverage contracts?  Email me at apullins@mdranger.com and tell me how we can assist you.

BACK TO BLOGS