The amount of revenue physicians generate for hospitals is usually significantly over their annual salaries, in keeping with a recent survey by medical practitioner staffing firm Merritt Hawkins.
The survey was emailed to roughly three thousand hospital CFOs and different money managers across the state between Oct 2018 and Dec 2018, and therefore the survey results embrace information on ninety-three hospitals. Despite the comparatively little information set, Merritt Hawkins believes the survey results are usually reliable and correct as a result of the general range for average annual revenue generated by all Dr. specialties for his or her connected hospitals has remained comparatively constant over the sixteen years the survey has been conducted.
Below are the ten doctor specialties that generate the very best average annual web revenue for hospitals and therefore the average salaries for those specialties, in keeping with the Merritt Hawkins 2019 doctor Inpatient/Outpatient Revenue Survey.
1. Cardiovascular surgery
- Average revenue: $3.7 million
- Average salary: $425,000
2. Cardiology (invasive)
- Average revenue: $3.48 million
- Average salary: $590,000
3. Neurosurgery
- Average revenue: $3.44 million
- Average salary: $687,000
4. Orthopedic surgery
- Average revenue: $3.29 million
- Average salary: $533,000
5. Gastroenterology
- Average revenue: $2.97 million
- Average salary: $487,000
6. Hematology/Oncology
- Average revenue: $2.86 million
- Average salary: $425,000
7. General surgery
- Average revenue: $2.71 million
- Average salary: $350,000
8. Internal medicine
- Average revenue: $2.68 million
- Average salary: $261,000
9. Pulmonology
- Average revenue: $2.36 million
- Average salary: $418,000
10. Cardiology (noninvasive)
- Average revenue: $2.31 million
- Average salary: $427,000