Average annual hospital revenue generated by neurologists decreased almost 24% from 2010 to 2013, according to a survey by physician job placement firm Merritt Hawkins.
Average revenue of $691,000 was reported for neurologists in 2013, down from $907,000 in 2010.
The 24% drop is even larger than the decreases reported for all specialists (–9.7%) and all physicians (–6.2%). Mean hospital revenue generated in 2013 for all specialists was $1.42 million, which is the lowest Merritt Hawkins has reported since it started the survey in 2002, the report noted.
The average net revenue generated for all physicians was $1.45 million – down from $1.54 million in 2010 and, again, the lowest average since the survey began, Merritt Hawkins said in its analysis.
The survey was sent to more than 3,000 hospitals in January 2013 and was completed by 102 hospital chief financial officers.
