Lucile Packard Children’s Hospital at Stanford in Palo Alto, Calif., has contracted with MD Ranger, a Burlingame, Calif.-based benchmarks and service data company.
James McCaughey, the hospital’s chief strategy officer, said in a press release that the hospital can use the benchmark information provided by MD Ranger to “help with both internal funds flow budgeting and negotiating contracts with outside hospitals and physicians.”
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MD Ranger’s database, which reportedly represents subscriber and proprietary data from more than 5,500 contracts and 200 hospitals in 17 states, provides compensation benchmarks and service data for physician contracts for on-call coverage, medical direction, administrative services, diagnostic testing services and hospital-based physician services.