%PDF-1.4 Our customized, value-producing evaluation identifies and prioritizes your top opportunities and recommends critical next steps.Copyright © 2020 MedAxiom - AN ACC COMPANY. 4 0 obj The report’s findings (based on 2018 data) are instrumental in optimizing cardiology organizations of all sizes and ultimately advancing cardiovascular care.“This year’s report is more robust than ever with the addition of data for the advanced heart failure subspecialty designation,” notes MedAxiom President Gerald (Jerry) Blackwell, MD, MBA, FACC. endobj The reported data is a baseline for benchmarking 2020 operations.

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x��VMo1�#�|$�����HH�Vj��+�R��6�@K(j�}�~�چ��Z���ƞ�7�����~����ϩ��C!5/�ݲ��Cc���r The median size of the responding groups to this year’s survey was 13 FTE physicians. stream /ImageC MedAxiom’s seventh annual Cardiovascular Provider Compensation and Production Survey report reveals trends across cardiology, surgery, advanced practice providers and nonclinical compensation.The report’s findings (based on 2018 data), which provide invaluable peer compensation and production comparisons that ensure peak performance, are instrumental in optimizing cardiology … Of note is the size of the pools of “available” hospital incentives, which in 2018 found half the groups had over $1 million in potential earnings at risk.A total of 184 groups, representing 2,267 full-time cardiovascular physicians, completed this year’s MedAxcess survey (providing 2018 data). << >> << /Count 7 /Fabc14 14 0 R Moving forward, MGMA will consider adjusting the data collection to capture the new norm of medical practice operations. The base salary for Physician - Cardiology - Non-Invasive ranges from $318,183 to $475,255 with the average base salary of $392,558. Both private and integrated physicians saw increases, with the gap between the two cohorts closing to one of its lowest levels (11 percent) since the integration wave of … /Subtype /Form CARDIOLOGY (noninvasive) DERMATOLOGY Compensation ranges from $391,948 to $519,100 Compdata $519,100 22.4% IHS $514,252 -1.5% AMGA $497,888 2.5% IHS Sullivan-M $493,178 Sullivan0.8% Sullivan-P $482,689 4.4% ECG Management $456,614 1.6% Merritt Hawkins $427,000 0.2% HHCS $391,948 3.9% % change 2016-17 data CARDIOLOGY (invasive)

MedAxiom has released its seventh annual Cardiovascular Provider Compensation and Production Survey report, revealing trends across cardiology, surgery, advanced practice providers (APPs) and non-clinical compensation. /Filter /FlateDecode /ImageI] /Fabc12 12 0 R /OpenAction [5 0 R >> 2 0 obj All Rights Reserved.

The stagnant utilization of APPs, particularly in cardiology, is surprising given the current heavy focus of programs on expanding access and reducing costs.Surgical APPs earned more than their cardiology peers at each of the percentiles within the survey. At the medians, cardiac surgery APPs earned just over $22,000 more per FTE than cardiology APPs. /Outlines 2 0 R 2020 MGMA Provider Compensation and Production is based on 2019 data and reflects information prior to COVID-19 that affected practices in early 2020. >>

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%���� /Resources << Both private and integrated physicians saw increases, with the gap between the two cohorts closing to one of its lowest levels (11 percent) since the integration wave of cardiology began in 2008. >> /ExtGState << /Type /Catalog Cardiac surgeons out earned vascular surgeons when considering overall results and for those employed or integrated with a hospital or health system.Cardiac and vascular surgeons who are integrated with a hospital or health system earned nearly identical total compensation per wRVU rates.Cardiac and vascular surgeons continued to utilize more APPs per physician FTE than cardiologists, a pattern that has remained relatively consistent over time. Vascular surgery also increased by a modest 2.5 percent to a median of $491,072 per FTE. /Type /Pages The total cash compensation, which includes base, and annual incentives, can vary … /Pages 3 0 R Cardiology: Noninvasive 843 186 $490,730 $180,698 $279,112 $360,810 $476,376 $593,923 $694,218 Critical Care: Intensivist 251 47 $407,349 $128,069 $284,231 $325,716 $371,717 $463,544 $557,830 Dentistry 67 12 $219,141 $97,180 $112,129 $159,819 $208,192 $258,651 $326,941 30 0 R 32 0 R 34 0 R] /Font << /Type /XObject /Kids [5 0 R 24 0 R 26 0 R 28 0 R In its inaugural reporting year, HF cardiologists, who comprise just 2 percent of the cardiology workforce, debuted with median total compensation of $441,845 per FTE, 10 percent lower than general non-invasive peers.In regards to supply and demand, one in four cardiologists (27 percent) is now over the age of 61 and interventional and general/non-invasive cardiologists are hit the hardest, with 29 percent and 31 percent of physicians over the age Overall cardiology production has remained quite stable over the past five years. Vascular surgery APPs earned nearly the same as cardiology APPs when comparing medians ($105,000 per FTE and $104,647 per FTE respectively).However, cardiology APP total compensation, measured at the median, has been steadily increasing over time while cardiac surgery APP total compensation has remained relatively flat.The median production for a full-time cardiology Nearly half of groups have some form of non-clinical incentive compensation. For the fifth year in a row and for the seventh year out of ten, overall cardiology compensation increased over the previous year in 2018, with a median total compensation of $577,329 per full-time equivalent (FTE). 1 0 obj IV. This is just ahead of interventional cardiology at median total compensation of $621,090, less than 1.5 percent below EP.