Internists generated $1.6 million annually for affiliated hospitals
Older colon cancer patients less likely to receive chemo, have fewer late adverse events
A general internist generated $1,678,341 in one year on average for an affiliated hospital, a family physician $1,622,832 a year, and a pediatrician $856,154 a year, reports a survey by a physician search firm.
Physicians of all specialties generated an average of $1,543,788 a year in net revenue on behalf of an affiliated hospital, according to a press release by recruiters Merritt Hawkins. Hospital CFOs reported finances by their choice of calendar or fiscal year. Results are online. The revenue is slightly more than in the 2007 survey, in which all specialties averaged $1,496,432 in net revenue.
Merritt Hawkins asked hospital chief financial officers nationwide (114 respondents) to quantify how much net inpatient and outpatient revenue was generated by 17 specialties in terms of patient referrals, tests and procedures performed in the hospital.
Other top revenue-generating specialties included: neurosurgeons ($2,815,650), cardiologists ($2,240,366), orthopedic surgeons ($2,117,764), general surgeons ($2,112,492), and hematologists/oncologists ($1,485,627).