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Podcast: Financial Residency
Episode: Coffee & Contacts: Medical Directorship Pay - How much?
Description: Today, Jon Appino from Contract Diagnostics provides insights into medical directorships. He discusses the compensation structure of medical directorships, which varies based on the amount of work and scope required. Typically, medical directors are compensated per hour and there may be monthly or annual caps on compensation. The dollar amount usually ranges from $120 to $200+ per hour. Jon emphasizes the importance of understanding the requirements and expectations of the medical directorship, as it may involve uncompensated time and additional hours beyond the cap. Keeping track of hours is crucial to ensure accurate payment. For s...