MedAxiom Releases 2019 CV Provider Compensation, Production Survey
Cardiology Compensation Continues to Rise; Heart Failure Data Debut
MedAxiom’s seventh annual Cardiovascular Provider Compensation and Production Survey report reveals trends across cardiology, surgery, advanced practice providers and nonclinical compensation. The report’s findings (based on 2018 data), which provide invaluable peer compensation and production comparisons that ensure peak performance, are instrumental in optimizing cardiology organizations of all sizes and ultimately advancing cardiovascular care.
“This year’s report is more robust than ever with the addition of data for the advanced heart failure subspecialty designation,” notes MedAxiom President Gerald (Jerry) Blackwell, MD, MBA, FACC. “We’re also excited about the potential to marry our survey data with the NCDR in future years, thanks to our new relationship with the ACC.”
Highlights from this year’s report include:
- Overall cardiology compensation reached the second highest total since 2012 and electrophysiologists are once again the top earners.
- Heart failure cardiologist compensation (reported for the first time) is 10 percent lower than general noninvasive compensation.
- The income gap between private and integrated physicians shrank.
- There are more cardiologists age 61 and over than ever before.
The comprehensive report provides data and expert analysis on compensation and production trends by subspecialty, geographic region, ownership model and more. The highly sought-after resource helps cardiovascular and health care decision makers navigate the ever-evolving industry.
At the beginning of each year MedAxiom surveys its membership which represents more than one-third of all cardiology and cardiovascular groups in the country. The data collected contain financial, staffing, productivity and compensation metrics, and a number of demographic measures. Data for the 2019 report were collected over the 2008-2018 timeframe and include 184 groups, representing 2,267 full-time physicians. MedAxiom is an ACC company.
Download the complimentary report at MedAxiom.com/CompSurvey.
Keywords: Income, Heart Failure, Physicians, Demography, Cardiology Magazine
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