Hospitals Gain $1.5 Million From Each Physician

According to a survey of hospital chief financial officers by Merritt Hawkins & Associates, revenue generated from affiliated physicians rose in 2009. The “2010 Physician Inpatient/Outpatient Revenue Survey” reveals that physicians generated $1,543,788 per year on average in 2009 compared to $1,496,432 per year in 2007. Merritt Hawkins & Associates President Mark Smith says, “Patients are not admitted to the hospital or discharged, tests ordered or procedures performed without a physician’s signature. Hospitals depend on doctors to drive patient care, which in turn drives revenue.” However, revenue generation varied among specialties, with neurosurgeons bringing in more revenue for hospitals than primary care specialties.

From “Hospitals Gain $1.5 Million From Each Physician”
American Medical News (IL) (04/06/10)Elliott, Victoria Stagg

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s