Neurosurgeon-generated revenue for hospitals jumps 40.5% in 3 years to $3.4M

Written by Laura Dyrda | February 25, 2019 | Print  | Email

Physicians and surgeons generate millions of dollars in revenue for affiliated hospitals each year, with neurosurgeons ranking No. 3 among the top revenue generators, according to a new survey from Merritt Hawkins and AMN Healthcare.

The average physician generates around $2.3 million annually on behalf of their hospitals in both net inpatient and outpatient revenue. The revenue calculated includes hospital admissions, tests, treatments, prescriptions and procedures performed or ordered.

While cardiovascular surgeons topped the list of highest revenue generators, neurosurgeons came in at No. 3 generating $3.4 million on average per year for their hospitals. In comparison, orthopedic surgeons generate around $3.2 million and cardiovascular surgeons generate $3.7 million per year.

"The value of physician care is not only related to the quality of patient outcomes," said Merritt Hawkins Executive Vice President Travis Singleton. "Physicians continue to drive the financial health and viability of hospitals, even in a healthcare system that is evolving towards value-based payments."

In 2019, neurosurgeons generated 40.5 percent more in revenue for affiliated hospitals than in 2016.

The report also conducted the cost/benefit analysis of physicians that provide the best return on investment based on their salaries and revenue generated. Neurosurgeons report an average salary of $687,000 salary, generating five times their salary in hospital revenue. In comparison, family physicians generate nine times their average starting salary in hospital revenue.

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