Hospitalists Registered A Pay Increase In 2010
The year 2010 has registered a hike in the median compensation for Hospitalists
. The Hospitalists in adult medicine saw their compensation increase 2.6% to $220,619 from $215,000 while the Pediatric Hospitalists pay rose by 7.2% to $171,617.
The report, which is based on MGMA survey information, takes into account data from 4,633 hospitalists in 412 groups and 726 academic hospitalists in 68 academic medicine practices. The pay also varied region-wise; the median compensation for southern hospitalists was higher as compared to west, Midwest and eastern region, that is, $235,701, $231,831, $211,751, and $205,000 respectively.
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Medical Biller and CodersOne of the reasons for the hike in compensation is the increase in hospitalist productivity; hospitalists are being recognized for their value in other arenas, as it relates to the transition from the fee-for-service to pay-for-value-type models, championing effective transitions of care, leading process improvement teams, etc. Another reason for the rising trend in pay is the fact that the demand for hospitalists has exceeded the supply.
Another potentially significant variable that could strongly impact the future trends in the Hospitalists salary is the drastic healthcare reforms and regulations sweeping the industry.
About Medical Billers and Coders
Medical Billers and Coders is the largest consortium of Medical Billers and Coders in the United States. Our aim is to help the physician community to reach the right expertise in the right location at the right time.
Physicians usually prefer the technology and expertise of a large billing company and the customization and attention of a local Biller Medical Billers and Coders brings out the best in both the options and caters to the exact need of the physicians' billing requirement.
From Anchorage in Alaska to Honolulu in Hawaii and from Port Orford, Oregon in the west to Boston, Massachusetts in the east our network is spread across the nation. Healthcare is well spread out and so is our representation. Our Billers will service your office within a radius of 30 miles and be discussing your billing process updates weekly. You can benefit from our consortium by:Looking up Billers who have been servicing your specialty for yearsWhat connects such a big network is our technology, our web based software through which we can use the best biller for the specific specialty, though doctors comfortable with their technology can continue to do so, or switch to ours and also receive federal stimulus for it.The benefit of centrally done operations and economies of scale is also passed to physicians/ you in terms of effective pricing.The expertise of specialty wise billers is directed towards billing claims appropriately and getting maximum revenue for the practice.Our billers are always updated with the latest in specialty billing regulations, state billing regulations and government regulations. They are always motivated to keep their certifications updated and know more about the industry.Browse all: El Paso Medical Billing, Akron Medical Billingby: Deepak Rupnar
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