working world - RVUs and MGMA 2013 salary survey

[TaxiDriver]

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I am paid a base salary, but a pretty considerable bonus every year is given to us if we meet the minimum RVU number. We have a 12% of base salary that is paid to us yearly. I work in inpatient adult and child consultation service.

Can anyone guide me on what is a fair RVU number to reach for inpatient psychiatry consultation service? The number they want us to reach is 3700. Where did they get this number from? Is it from the MGMA salary survey?

I am currently 9 months out of residency and working. I was wondering if I can get the 2013 MGMA salary survey numbers for 1 year of work? I understand there are different numbers, for those starting out and working. Anyone have a ballpark figure for mean, 25%, 50% and 75% salary for those with 1 year of work experience?

Thanks to those in the working world now for any help!

 

[freaker]

If you don't get any better data from others, see these links:

http://www.beckershospitalreview.co...tatistics-on-physician-compensation-2014.html

http://www.merritthawkins.com/candidates/BlogPostDetail.aspx?PostId=39443

 

[Shikima]

What's in your contract?

 

[TaxiDriver]

What's in your contract?

The contract states a number slightly less than 3700 RVUs per year to get the bonus.

 

[Shikima]

The contract states a number slightly less than 3700 RVUs per year to get the bonus.

May want to renegotiate the contract RVU structure.

 

[TaxiDriver]

Im still having trouble finding a reliable number for only consultation psychiatry work. The RVU numbers in the data for usually for psychiatrists that also do outpatient, inpatient and everything is lumped together. I have a job where I work full-time consultation in a medical hospital - and there is a lot of non-billable things in consultation work that is normal such as helping nurses and staff on the medical floor with a patient with acute psychosis, suicidal ideation, etc.

I have 3700 listed, some sources list 3300. Shikima, you said to negoitiate - any thoughts?

Should we try to see how many patients we can see in 1 day and structure it that way for the entire year if they are willing? Any people out there who do consultation work (how many new patients and follow-ups do you see per day)?

 

[Shikima]

Im still having trouble finding a reliable number for only consultation psychiatry work. The RVU numbers in the data for usually for psychiatrists that also do outpatient, inpatient and everything is lumped together. I have a job where I work full-time consultation in a medical hospital - and there is a lot of non-billable things in consultation work that is normal such as helping nurses and staff on the medical floor with a patient with acute psychosis, suicidal ideation, etc.

I have 3700 listed, some sources list 3300. Shikima, you said to negoitiate - any thoughts?

Should we try to see how many patients we can see in 1 day and structure it that way for the entire year if they are willing? Any people out there who do consultation work (how many new patients and follow-ups do you see per day)?

No easy forumla. Negotiate for a lower RVU number... ask for 3300 and see if you can get it. Also, ask for an increase what each RVU is worth too. For instance, if it's worth $51/RVU, see if they'll go for $55.

Remember, they need you more than you need them. Psych jobs are plentiful.

 

[TaxiDriver]

They are willing to change our RVU goal. The MGMA salary survey says around 3600 for psychiatrists yearly RVU. However, the hospital here says that a full-time psychiatrist on the consult-liason to medical floors won't get to that salary without working overtime all week, because of the time-consuming nature of consultation. We are providing support for nurses and staff on the medical floors for violent patients among many other things that are unbillable.

They can't just "make up" a number and need a source or a way of figuring out this number. That's why I asked here to see if any working attendings have any tips, hints or sources for numbers. I know there are not many full-time consultation psychiatrists out there. Usually we all do inpatient, outpatient and a little bit of everything.

 

[Shikima]

They are willing to change our RVU goal. The MGMA salary survey says around 3600 for psychiatrists yearly RVU. However, the hospital here says that a full-time psychiatrist on the consult-liason to medical floors won't get to that salary without working overtime all week, because of the time-consuming nature of consultation. We are providing support for nurses and staff on the medical floors for violent patients among many other things that are unbillable.

They can't just "make up" a number and need a source or a way of figuring out this number. That's why I asked here to see if any working attendings have any tips, hints or sources for numbers. I know there are not many full-time consultation psychiatrists out there. Usually we all do inpatient, outpatient and a little bit of everything.

You've got a starting block to work off of. Now it's time to counter-offer if you're serious and get into writing what you're willing to accept and what the work environment will be like/consist of.