A Merritt Hawkins survey examined the proportion of revenue physicians generate for hospitals, finding on average, physicians accounted for $2.3 million in revenue.
Merritt Hawkins asked hospital-based CFOs how much revenue physicians in 18 specialties generated in 2018.
What you should know:
1. Cardiovascular surgeons generated the most for their facilities at $3.7 million on average. Orthopedic surgeons were fourth at $3.3 million.
2. Specialty physicians aren't the only type driving revenue. Family physicians generate $2.1 million on average and general internists generate $2.7 million on average.
3. Physician-generated revenue is up in up 52 percent from 2016.
4. While inpatient stays are decreasing or remaining flat, outpatient care incidence and cost are both skyrocketing.
To view the entire survey, click here.