FW: Do We Wonder Why PTs Have Trouble Competing in a Hospital Dominated Market?

[Guest guest]

Thought I would clean up the stats a little so they are easier to

understand.

Wonder what the value per P.T. is in the hospital setting?

Outpatient/Outpatient Satellite/SNF/Inpatient

Mark

Do We Wonder Why PTs Have Trouble Competing in a

Hospital Dominated Market?

[image: Need a Real Sponsor here]

- MARCH 17, 2010, 8:29 AM ET

Putting a Dollar Figure on a Doctor's Worth to a Hospital

[image: 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?

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.)

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:

*Hospital Annual Revenue per Doctor by Specialty*

*Specialty* ------------ *Avg. Revenue* / *Avg. Salary*

Neurosurgery ------------ $2,815,650 / $571,000

Cardiology/Invasive ------ $2,240,366 / $475,000

Orthopedic Surgery ------- $2,117,764 / $481,000

General Surgery ---------- $2,112,492 / $321,000

Internal Medicine -------- $1,678,341 / $186,000

Family Practice ---------- $1,622,832 / $173,000

Hematology/Oncology ------ $1,485,627 / $335,000

Gastroenterology --------- $1,450,540 / $393,000

Urology ------------------ $1,382,704 / $401,000

OB/GYN ------------------- $1,364,131 / $266,000

Cardiology/Non-Invasive -- $1,319,658 / $419,000

Psychiatry --------------- $1,290,104 / $200,000

Pulmonology -------------- $1,204,919 / $293,000

Neurology ---------------- $ 907,317 / $258,000

Pediatrics --------------- $ 856,154 / $171,000

Ophthalmology ------------ $ 842,711 / $282,000

Nephrology --------------- $ 696,888 / $240,000

" The most powerful tool in healthcare remains the physician's pen, "

President Mark of Merritt Hawkins, a unit of AMH Healthcare Services,

said in a statement with the survey. " Patients are not admitted to the

hospital or discharged, tests ordered, or procedures performed without a

physician's signature. "

Kovacek, PT, MSA

PKovacek@...

Cell (313) 492-4293

Personal Fax

Google Voice

Twitter.com/PKovacek

Facebook.com/.Kovacek