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MD Ranger, Inc. (“MD Ranger”) today announced the tenth anniversary release of physician contract benchmarks for non-salaried physicians. The 2019 report highlights the growing significance of physician contracts as a major component of hospital spending, with particular growth in payment for hospital-based physician services such as hospitalists, intensivists and laborists. MD Ranger’s benchmarks include payments to physicians for providing ED call, medical directorships, administrative services, hospital-based services, medical staff leadership, and diagnostic testing.
2019 benchmarks cover more than 320 services derived from over 36,000 contracts from 250 facilities in 32 states across the US, a tenfold increase since the company launched in 2009. Health care providers use MD Ranger’s benchmarks to help document fair market value and comply with federal regulations like Stark Law and the Anti-Kickback Statute. MD Ranger’s online platform is used in hundreds of healthcare organizations, including large not-for-profit health systems, urban trauma centers, medical groups, LTACs, outpatient providers, and critical access facilities.
Joe Piccolo, Vice President of Corporate Compliance at Inspira Health in New Jersey, commented, “Working with MD Ranger has allowed Inspira to standardize and streamline our physician contracting process. Not only do we have access to the best available market data, but the customer support in understanding how to best use the benchmarks has been outstanding. Working with MD Ranger makes my job easier and gives our leadership team peace of mind."
While many things have changed in healthcare over the past ten years, MD Ranger’s benchmarks demonstrate the scope of services that health care facilities continue to procure from physicians. Key findings from the 2019 benchmarks include:
A selection of the 15+ new 2019 benchmarks include:
About MD Ranger
MD Ranger partners with leading health care organizations to make physician contracting simple, efficient, and compliant. Through its intuitive online platform, MD Ranger helps health care organizations and medical groups set non-salaried compensation and document FMV. MD Ranger’s approach streamlines internal guidelines and reduces the costs for large and small health care providers.
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