- Joined
- Aug 2, 2016
- Messages
- 9
- Reaction score
- 7
Hey guys,
Was wondering if anyone out there in a hospital employed setting (or any wRVU compensation model) has switched over to the newer CMS wRVU values that they changed a few years ago? The hospital I am at currently has been going off old values since I started working there 2 years ago and has decided they will be switching over to the new values starting in the summer. They are meeting with me soon to discuss this and I anticipate them to decrease my pay per wRVU given that the outpatient visit codes increased in wRVU value and, to my knowledge, most or all of the procedure codes have not had a significant change in the wRVU values (except RFAs from what I've seen did decrease slightly). This of course means I will be paid less for procedures but depending on how much they will be bringing my pay rate down, it may be a wash since my clinic RVUs will be going up. Currently I am in clinic 3 days a week and procedures 2 days a week. Has anyone made this change recently and if so, how much lower RVU pay should I anticipate?
The second question I had revolves around equal pay. I joined this hospital and they had 1 other physician who had been working for them for about 3 years. I have no idea what his wRVU pay rate is and we haven't really discussed it together as I felt he may not be comfortable doing so. We are both 5+ years out of training, he is a few years ahead of me. The meeting they scheduled to discuss wRVU rate change is only with me and administration and to my knowledge he will not be there. Is there an appropriate way to ask if my pay rate is the same as his? Maybe ask "is this the pay rate for the department?" Or should I just avoid bringing this up and just try to do my own negotiating without bringing him into it?
Appreciate any input!
Was wondering if anyone out there in a hospital employed setting (or any wRVU compensation model) has switched over to the newer CMS wRVU values that they changed a few years ago? The hospital I am at currently has been going off old values since I started working there 2 years ago and has decided they will be switching over to the new values starting in the summer. They are meeting with me soon to discuss this and I anticipate them to decrease my pay per wRVU given that the outpatient visit codes increased in wRVU value and, to my knowledge, most or all of the procedure codes have not had a significant change in the wRVU values (except RFAs from what I've seen did decrease slightly). This of course means I will be paid less for procedures but depending on how much they will be bringing my pay rate down, it may be a wash since my clinic RVUs will be going up. Currently I am in clinic 3 days a week and procedures 2 days a week. Has anyone made this change recently and if so, how much lower RVU pay should I anticipate?
The second question I had revolves around equal pay. I joined this hospital and they had 1 other physician who had been working for them for about 3 years. I have no idea what his wRVU pay rate is and we haven't really discussed it together as I felt he may not be comfortable doing so. We are both 5+ years out of training, he is a few years ahead of me. The meeting they scheduled to discuss wRVU rate change is only with me and administration and to my knowledge he will not be there. Is there an appropriate way to ask if my pay rate is the same as his? Maybe ask "is this the pay rate for the department?" Or should I just avoid bringing this up and just try to do my own negotiating without bringing him into it?
Appreciate any input!