{"id":438001,"date":"2010-03-17T08:29:12","date_gmt":"2010-03-17T12:29:12","guid":{"rendered":"http:\/\/blogs.wsj.com\/health\/2010\/03\/17\/putting-a-dollar-figure-on-a-doctors-worth-to-a-hospital\/"},"modified":"2010-03-17T08:29:12","modified_gmt":"2010-03-17T12:29:12","slug":"putting-a-dollar-figure-on-a-doctor%e2%80%99s-worth-to-a-hospital","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/438001","title":{"rendered":"Putting a Dollar Figure on a Doctor\u2019s Worth to a Hospital"},"content":{"rendered":"

\"doc\"What’s a doctor worth to a hospital in terms of annual revenue? And what specialties average the most and the least in hospital revenue generation?<\/p>\n

The answer to the first question averages about $1.54 million a year, based on 114 U.S. hospital responding to a survey by physician recruiters Merritt Hawkins. That’s up slightly from the $1.5 million a year per doc that hospitals averaged in revenue in 2007, the last time the recruiting outfit took the survey. (Revenue here means net inpatient and outpatient dollars derived from referrals, tests and procedures done in the hospital.) <\/p>\n

Merritt Hawkins also asked about revenue generation in the last 12 months by 17 doctor specialties. Not all 114 hospitals replied for all specialists but below are the averages for the responses received. Also included is a list of average annual salaries that came from other Merritt Hawkins data:<\/p>\n

Hospital Annual Revenue per Doctor by Specialty<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Specialty<\/strong><\/td>\nAvg. Revenue<\/strong><\/td>\nAvg. Salary<\/strong><\/td>\n<\/tr>\n
Neurosurgery<\/td>\n$2,815,650<\/td>\n$571,000<\/td>\n<\/tr>\n
Cardiology\/Invasive<\/td>\n$2,240,366<\/td>\n$475,000<\/td>\n<\/tr>\n
Orthopedic Surgery<\/td>\n$2,117,764<\/td>\n$481,000<\/td>\n<\/tr>\n
General Surgery<\/td>\n$2,112,492<\/td>\n$321,000<\/td>\n<\/tr>\n
Internal Medicine<\/td>\n$1,678,341<\/td>\n$186,000<\/td>\n<\/tr>\n
Family Practice<\/td>\n$1,622,832<\/td>\n$173,000<\/td>\n<\/tr>\n
Hematology\/Oncology<\/td>\n$1,485,627<\/td>\n$335,000<\/td>\n<\/tr>\n
Gastroenterology<\/td>\n$1,450,540<\/td>\n$393,000<\/td>\n<\/tr>\n
Urology<\/td>\n$1,382,704<\/td>\n$401,000<\/td>\n<\/tr>\n
OB\/GYN<\/td>\n$1,364,131<\/td>\n$266,000<\/td>\n<\/tr>\n
Cardiology\/Non-Invasive<\/td>\n$1,319,658<\/td>\n$419,000<\/td>\n<\/tr>\n
Psychiatry<\/td>\n$1,290,104<\/td>\n$200,000<\/td>\n<\/tr>\n
Pulmonology<\/td>\n$1,204,919<\/td>\n$293,000<\/td>\n<\/tr>\n
Neurology<\/td>\n$907,317<\/td>\n$258,000<\/td>\n<\/tr>\n
Pediatrics<\/td>\n$856,154<\/td>\n$171,000<\/td>\n<\/tr>\n
Ophthalmology<\/td>\n$842,711<\/td>\n$282,000<\/td>\n<\/tr>\n
Nephrology<\/td>\n$696,888<\/td>\n$240,000<\/td>\n<\/tr>\n<\/table>\n

\u0093The most powerful tool in healthcare remains the physician\u0092s pen,\u0094 President Mark Smith of Merritt Hawkins, a unit of AMN Healthcare, said in a statement with the survey. \u0093Patients are not admitted to the hospital or discharged, tests ordered, or procedures performed without a physician\u0092s signature.” <\/p>\n

Image: iStockphoto<\/em><\/p>\n

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\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

What’s a doctor worth to a hospital in terms of annual revenue? And what specialties average the most and the least in hospital revenue generation? The answer to the first question averages about $1.54 million a year, based on 114 U.S. hospital responding to a survey by physician recruiters Merritt Hawkins. That’s up slightly from […]<\/p>\n","protected":false},"author":792,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-438001","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/438001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/792"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=438001"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/438001\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=438001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=438001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=438001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}