Thursday, July 25, 2013

Gastroenterologists generating less revenue for hospitals

Average annual hospital revenue generated by gastroenterologists dropped 4.5% from 2010 to 2013, according to a survey by physician job placement firm Merritt Hawkins.
Average revenue of $1.39 million was reported for gastroenterologists in 2013, down from $1.45 million in 2010.
The 4.5% drop for gastroenterologists is smaller, however, than the decreases reported for all specialists (–9.7%) and all physicians (–6.2%). Mean hospital revenue generated in 2013 for all specialists was $1.42 million, which is the lowest Merritt Hawkins has reported since it started the survey in 2002, the report noted.
The average net revenue generated for all physicians was $1.45 million, which is, again, the lowest average since 2002, Merritt Hawkins said in its analysis.

The survey was sent to more than 3,000 hospitals in January 2013 and was completed by 102 hospital chief financial officers.