Browse By Topic and Related Items

Topic Browser

Related Items

Bookmark and Share

Hospitalist Salaries Show Steady Gains

From: The eWire, 6.15.2011

Knowing average salaries for individual markets key to negotiation, practice-management expert says

by Richard Quinn

The first wave of fiscal year 2010 (FY10) provider data from SHM-MGMA shows that hospitalist salaries and productivity appear to have to have crept up only slightly from the previous year.

The national median annual salary for internal-medicine hospitalists seeing adult patients is $220,144, up from $215,000 in FY09, a 2.4% increase. For pediatric hospitalists, the 2010 salary was $171,617, up from $160,038 in FY09, a 7% increase. Work RVUs for both categories saw even smaller increases: 4,174 for internal-medicine hospitalists (up 1.8%) and 1,976 for pediatric hospitalists (up 0.02%).

By comparison, the increase from SHM's 2007-2008 survey to 2009's salary data set from SHM-MGMA was 9%. SHM cautions against drawing too many conclusions from comparisons with older figures, as the population universes are different. However, Leslie Flores, MHA, SHM senior advisor for practice management, says that anecdotally, the data suggest the field is hitting a fiscal plateau.

"What I get out of this is both compensation and productivity appear to be leveling off somewhat," Flores says. "We're not seeing the big increases from year to year we have seen historically."

The data are publicly available as of today, even though snippets of the survey results were previewed at HM11 last month in Grapevine, Texas. The preview, however, only showed regional figures. Academic hospitalist data was removed from the study this year, as that provider universe now has its own survey.

Flores says it's hard to pin down exactly why increases in both salaries and productivity are slowing. It could be the natural evolution of the relatively young field, or it could be a narrowing of the supply-demand gap for hospitalists.

The data being released today serve as the foundation for the annual State of Hospital Medicine report, scheduled for release in September. That expanded data set will feature HM-centric data points including CPT code distribution, group leader compensation, and administrative time allocation and compensation and productivity for nocturnists. Until then, Flores says, hospitalists should consider data points like the ones currently available as key negotiating and practice-management guideposts. But national data only go so far.

"Even the regional numbers don't reflect what the individual numbers are in individual markets. You need to know what the hospitalist down the street is making," she says.


This copy is for your personal, noncommercial use only. No part of this article can be reproduced without the written permission of the publisher. Order presentation-ready copies for distribution to your colleagues, clients, or customers by contacting our reprints department at reprints@wiley.com. Copyright © 2009 Society of Hospital Medicine, administered by John Wiley & Sons Inc.

current issue

September 2014

Search

The Hospitalist newsmagazine reports on issues and trends in hospital medicine. The Hospitalist reaches more than 25,000 hospitalists, physician assistants, nurse practitioners, residents, and medical administrators interested in the practice and business of hospital medicine.

Copyright © 2000–2014 by John Wiley & Sons, Inc. or related companies. All rights reserved.

ISSN: 1553-085X