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Valuing the Physician Hour - Converting Annual Compensation Data to Hourly Rates

There are many situations where it makes sense to pay physicians on an hourly basis for services provided. Hourly compensation arrangements work well when a relatively short or a definitive amount of time is being compensated. They also are appropriate for arrangements when physician time, instead of physician output or production, is the valuable resource. Typical Hourly Compensation Arrangements Medical Directorships Medical directorships lend themselves well to hourly compensation arrangements. Medical director duties are generally part-time. Physicians in these roles are typically required to track their time on an hourly basis, and the number of hours compensated under medical director

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