Gastroenterologists generated slightly more revenue for hospitals in 2015 than in 2012, but they remained below the average for all physicians, according to a survey by physician recruitment firm Merritt Hawkins.
In 2015, gastroenterologists generated over $1.42 million in net revenue for their affiliated hospitals, compared with $1.39 million in 2012 – an increase of 2.7%. Meanwhile, hospital revenue generated by all physicians increased 7.7% – going from $1.45 million to $1.56 million, according to the survey of hospital chief financial officers.
Average revenue for specialists, by comparison, was up 12.8%, going from $1.4 million in 2012 to $1.6 million in 2015. For primary care physicians, the 2015 figure was $1.4 million, compared with $1.56 million in 2012 – a drop of 10.5%, Merritt Hawkins reported.
The survey was completed by 74 hospital chief financial officers, but despite the small number, Merritt Hawkins said that the results are “reliable and accurate, in large part because the overall number for average annual revenue generated by all physician specialties for their affiliated hospitals has remained virtually unchanged” over the course of six surveys spanning 14 years.