The total cash compensation, which includes base, and annual incentives, can vary … /Iabc9 9 0 R /Pages 3 0 R 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.

/Text << 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. >> /BBox [0 0 612 733.24608] /Iabc7 7 0 R 30 0 R 32 0 R 34 0 R] /Type /Outlines Private cardiologists continue to outpace those in integrated models in terms of overall wRVU production levels.After falling back in 2017, cardiac surgery total compensation surged forward in 2018, jumping nearly $194,000 per FTE physician to a median of $795,461. >> Our customized, value-producing evaluation identifies and prioritizes your top opportunities and recommends critical next steps.Copyright © 2020 MedAxiom - AN ACC COMPANY. “We’re also excited about the potential to marry our survey data with the National Cardiovascular Data Registry in future years, thanks to our new relationship with the American College of Cardiology.”• Overall cardiology compensation reached the second highest total since 2012 and electrophysiologists are once again the top earners “I find the MedAxiom Cardiovascular Compensation & Production Survey Report to be very valuable as we review trends and see how our group’s compensation and production levels measure up with our peers,” says Jonathan Fialkow, MD, chief population officer, Baptist Health South Florida. /Type /Pages The base salary for Physician - Cardiology - Non-Invasive ranges from $318,183 to $475,255 with the average base salary of $392,558. 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. New Hire Starting Salaries for provider positions filled from January through December 2019 or the reporting period. /XObject << In addition, there were 146 part-time physicians whose data were used in some of the findings, particularly the section on volume trends, for a total of 4,108 providers (physicians and APPs).

<< /ProcSet [/PDF In terms of real dollars, private cardiologists earned just under $65,000 less per FTE than their peers in integrated settings.Electrophysiology (EP) was once again the top earner in cardiology, with median total compensation of $629,641 per FTE. This is just ahead of interventional cardiology at median total compensation of $621,090, less than 1.5 percent below EP. IV. /PageMode /UseNone /ImageC 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 … 4 0 obj Moving forward, MGMA will consider adjusting the data collection to capture the new norm of medical practice operations. All Rights Reserved. Call Pay relates to coverage, compensation and utilization of call pay by specialty for your group.

The data for this year's Compensation Report was collected prior to February 10, 2020, and reflect physician salary and income prior to the COVID-19 crisis. /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. 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. “It provides us with a comprehensive resource as we plan and make decisions for the upcoming 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). 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. /Resources << /Gabc6 6 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 %����

3 0 obj /Font << >> endobj /Subtype /Form >> /Type /XObject /ImageB /Length 747 >> /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. endobj In the 2018 data, general non-invasive physicians continued to be the lowest compensated of the traditional cardiology subspecialties, with median total compensation of $493,733.Continuing its tradition of evolving with the changing marketplace, MedAxiom began collecting data for the new subspecialty of advanced HF several years ago. Vascular surgery also increased by a modest 2.5 percent to a median of $491,072 per FTE.