Physicians Generate $1.54 Million Annually for Their Affiliated Hospitals

A single physician generates an average of $1.54 million a year in net revenue for his or her affiliated hospital, up slightly from an average of $1.5 million in 2007, according to a nationwide survey of hospital CFOs by physician search firm Merritt Hawkins. Neurosurgeons headed the list of hospital revenue drivers. A single, full-time neurosurgeon generates an average of $2.8 million a year for the hospital. Other high revenue-generating specialists include invasive cardiologists ($2.2 million a year), orthopedic surgeons ($2.1 million a year), general surgeons ($2.1 million a year), and hematologists/oncologists ($1.5 million a year).

Primary care physicians also generate substantial revenue for hospitals, the survey found. A general internist generates $1.7 million a year on average, a family physician $1.6 million a year, and a pediatrician $856,154 a year, according to the survey. Survey findings are based on data submitted by 114 facilities.   Courtesy of HFMA News March 19th.

I am curious about the revenues generated by Anesthesiologist and Nurse Anesthetists. I will report my calculations in a later post.