Specialists in the Business of Hospital Based Medicine
HUMAN RESOURCES & BENEFITS ADMINISTRATION
Organizations that outsource all their payroll, HR, benefits and employment administration
to a single vendor save 32% over in-house solutions. PriceWaterhouseCoopers - Exploring
hidden cost drivers and characteristics of cost efficient organizations (January
2011).
Human Resources & Benefits Administration Services assist Radiology groups in obtaining
the substantial paperwork related to employment and benefits administration. HBC’s
specialists ensure that all documentation complies with state and federal regulations.
HBC’s retention policy is also compliant with state and federal law.
HBC’s services in this area include:
- Employee Hiring, Termination & Leaves of Absence – HBC works with your group to obtain
W-4 & 1099 documentation from new hires and, when necessary, signed employment contracts
and non-compete agreements. When an individual is terminated, HBC makes sure the
documentation for COBRA, 401(K) rollovers, unemployment benefits and other severance
matters are executed.
- H/R & Benefits Administration – HBC manages the time consuming task of administrating
employment benefits. HBC handles all paperwork related to enrollment to all insurance
programs. HBC also manages the paperwork related to the enrollment, modification
and rollover of 401(K) and/or pension plans.
- Insurance Policy Evaluation & Pricing – Rising insurance costs create a significant
expense. HBC works with your Radiology group to review its insurance policies and
obtain competitive rates for health, dental, life and malpractice insurance.