Mgma Small Talk

 Welcome to the MGMA Ask An Advisor Podcast, hosted by Daniel Williams, Senior Editor at MGMA, and joined by Cristy Good, Senior Advisor at MGMA. In this episode, we address one of the pressing challenges for medical practices: structuring on-call compensation effectively. This conversation dives into common models, compliance considerations, balancing workloads, and managing provider burnout. Medical practice leaders will find practical solutions and strategies to ensure fair, transparent, and market-aligned on-call practices, helping mitigate potential issues within their teams.Key Takeaways:On-Call Compensation Models:Daily Stipend: A common approach offering a fixed daily rate, typically ranging from $1,000 to $1,500.Hourly Compensation: Payment based on active hours, providing flexibility but requiring close time tracking.Productivity-Based Pay: Aligns compensation with volume or service type but can lead to variable income.Minimum Guarantee: Ensures a base pay with a potential bonus for exceeding on-cal