Primary Care Docs Average More Hospital Revenue Than Specialists
When the survey was last conducted in 2010, family physicians generated an average of $1,692,832 a year on behalf of their affiliated hospitals. In 2013, that number grew to $2,067,567, an increase of 22%. Revenue gene rated by general internal medicine physicians also increased, from $1,678,341 in 2010 to $1,843,137 in 2013, a growth rate of 9%, the survey said.
"If you want to go 10 years out and say the Affordable Care Act is going to do its job then this whole survey should be in theory turned on its ear," Singleton says.
"Revenue numbers per provider shouldn't be anything more than an internal measuring stick to see how your hospital is running because the vast majority of the profits your hospital realizes will be in shared savings through efficient and effective care, theoretically. You could argue that if in 10 years everything works like how we want it to work, high revenue per provider could be seen as a negative because you don't want to see a lot of imaging and tests and other things. I don't know that we will ever get there, but that is the utopia."
"That is why I think this spike per provider may be a short-lived spike. The ramifications you are seeing now are nothing more than people preparing to have a seat at the table."
John Commins is a senior editor with HealthLeaders Media.
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