Merritt Hawkins Average Salary Survey for Anesthesia

[RxBoy]

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Merritt Hawkins Physician Salary Survey take on the current physician recruiting trends for 2010:

http://www.merritthawkins.com/compensation-surveys.aspx
(2010 Review of Physician Recruiting Incentives )

I think Merritt Hawkins has the best survey. Of course none of the surveys are 100% accurate but I think Merritt is by far the best. Its a pretty good read on the current economic trends for all specialties. This is the anesthesia specific portion:

"Demand for certain specialties, anesthesiology and radiology in particular, has been somewhat inhibited by the economy or by reimbursement changes. A decrease in both elective procedures and non-elective procedures has eroded demand for anesthesiologists at a time when many medical school graduates are choosing to specialize in anesthesiology. Medicare reimbursement cuts to radiologists, decreased utilization, and continued interest in radiology among medical graduates have helped to balance out the demand for radiologists and available supply.The 2010 Review indicates that demand persists for various types of specialists, with demand for emergency medicine physicians showing a particular increase over last year."


(average salary)
Anesthesiology
Low Average High
2009/10 $250,000 $331,000 $475,000
2008/09 $250,000 $344,000 $500,000
2007/08 $250,000 $336,000 $480,000
2006/07 $220,000 $300,000 $425,000

 

[bronx43]

Neurologists averaging $280k? All the other numbers look reasonable, though.

 

[RxBoy]

Neurologists averaging $280k? All the other numbers look reasonable, though.

I wasn't too surprised by that one, I always knew neurology is going to be the next big reimbursement field once they knew how to utilize procedures. Heme/onc has been cleaning bank too, they're approaching the GI guys. I think the bubble has popped on anesthesia and radiology, and they are currently in free fall. Once the bust levels out again in 5 years we'll see the resurgence.

 

[bronx43]

I wasn't too surprised by that one, I always knew neurology is going to be the next big reimbursement field once they knew how to utilize procedures. Heme/onc has been cleaning bank too, they're approaching the GI guys. I think the bubble has popped on anesthesia and radiology, and they are currently in free fall. Once the bust levels out again in 5 years we'll see the resurgence.

I'm not too high on heme/onc and the future of their reimbursement rates. It's highly possible some of their "procedures" won't last as being billed that way. GI might be able to hold onto its colonoscopies for longer. I do agree that radio and anesthesia are going down the drain - moreso rads, due to the impending heavy cuts to diagnostic imaging. Interventional cards and EP will feel that one too.

 

[sevo85288]

anes was cut long ago. 1990s. not much more to cut :-(

 

[p53]

Everthing goes in cycles. Neurology and Oncology are the new Anesthesiology and Radiology. These two fields will be the best lifestyle fields in medicine.

 

[p53]

As for chemo reimbursement...news flash. there is more money pumped into oncology research then any other field. Once moloecular and or antibody therapy hits the market reimbursement will gi much higher. Many future cash cows in development for oncology. Anethesiology doesnt have the resources of oncology. In fact, oncology will not have to worry about midlevels either.

 

[Coastie]

As for chemo reimbursement...news flash. there is more money pumped into oncology research then any other field. Once moloecular and or antibody therapy hits the market reimbursement will gi much higher. Many future cash cows in development for oncology. Anethesiology doesnt have the resources of oncology. In fact, oncology will not have to worry about midlevels either.

Wrong. The DNPs just wrote an extensive article about the development of oncology DNP residencies in one of their journals.

They're here.....

 

[Doctor4Life1769]

Is it safe to say, that only surgical fields are safe? Oh, and maybe Rad Onc?

 

[veetz]

Neurologists averaging $280k? All the other numbers look reasonable, though.

Neurology seems hot right now. Go to locumtenens.com. There are about 10x the number of jobs than anesthesia, many are in nice, metropolitan areas, with base salaries in the high 200's, low 300's. Also, my friend is doing a fellowship in neurology and says there are some neurology jobs out there paying ridiculous amounts of money (for neurology).

 

[bronx43]

Neurology seems hot right now. Go to locumtenens.com. There are about 10x the number of jobs than anesthesia, many are in nice, metropolitan areas, with base salaries in the high 200's, low 300's. Also, my friend is doing a fellowship in neurology and says there are some neurology jobs out there paying ridiculous amounts of money (for neurology).

You're right... there is a glut of neurology jobs right now. I wonder how they were able to increase median salary by 50k in two years. It can't all be EEG/EMGs, right?

 

[Fastrach]

You're right... there is a glut of neurology jobs right now. I wonder how they were able to increase median salary by 50k in two years. It can't all be EEG/EMGs, right?

I'm betting the upward spike is due to more Neurology guys going into chronic pain in recent years.

 

[Antibodies]

I didn't know that non-invasive cardiology made that much.

 

[NRAI2001]

I'm betting the upward spike is due to more Neurology guys going into chronic pain in recent years.

Pain is basically open to all fields now isnt it?

 

[Holderlin]

bump

Good thread.

The rise of Neuro and Onc is exciting, not just for $, but because they encompass some of the more hopeless afflictions, which one would think should also reflect a large upside. Not to mention how cool neurology is.

The most compelling mysteries of life are neurological.

Aside from the essence of life itself of course, and by "essence" I mean a sort of synthesis of the Greek τέλοϛ, ἀλήθεια, and Οὐσία, which doesn't belong in medical discussions. So yeah neurology and ontogeny FTW.....go ducks