Phone
(319) 626-2302
Catalog Number : agn1512
Title : The ED Call for Pay Crisis
Speaker : Steve Worthy
Webplay Recording Date : 9-24-2008
Webplay Price : $ 195 for two weeks viewing
Webinar Presenter: Steve V. Worthy & Max Hockenberry
Webinar Title: The Emergency Department (ED) Call Pay Crisis: A New Solution (The Call-Pay Solution® for an Increasing Complex Problem Facing Hospital Leaders Today
Webinar Purpose:
To pay or not to pay? That has been the question for many hospitals faced with requests from physicians for payment for on-call coverage. There may be a new answer to the question. One way to address this dilemma is to compensate physicians who provide ED call coverage through deferred compensation plans, rather than on a pay as you go basis. Deferred compensation can prove to be a win-win proposition for both the physicians and the hospital, and more closely align their interests. A deferred compensation plan for ED call would look something like this: Physicians who are to be paid for call coverage would sign a personal services agreement with the hospital. The agreement would specify the call duties of the physician and the rate of pay. But instead of paying the doctor now, the amount earned would be credited to a deferred compensation plan which would only be paid to the doctor five or ten years later if he or she continues to fulfill the obligations of the agreement. All the while, the amounts credited to the physician would be invested pursuant to the physicians directions, and not be subject to tax until the future vesting.
Webinar Topics:
Target Audience: CEOs, COOs, CFOs, board members, and medical directors.
Contact Hours: This course has been approved for 1.8 Iowa Nursing Contact Hours. There is usually a reciprocal agreement between state associations to allow these to count for each state. If you have any questions, please ask your state association.