Physician productivity dropped 10.17 percent on average in 2020, compared to a 0.56 percent increase in 2019.
“While stark, this decline is not surprising,” said Elizabeth Siemsen, AMGA consulting director. “Medical groups temporarily canceling elective procedures, an inability for some patients to access healthcare services for portions of the year, and the apprehension of other patients to seek in-person care for fear of COVID-19 infections played a role in the declines we observed.”
Here are the compensation statistics for key ASC specialties:
Gastroenterology
Pay: 0.74 percent drop
wRVUs: 17.1 percent drop
Compensation per wRVU: 15.24 percent increase
Orthopedic surgery
Pay: 0.89 percent drop
wRVUs: 14.84 percent drop
Compensation per wRVU: 11.36 percent increase
General surgery
Pay: 2.69 percent decrease
wRVU: 12.18 percent decrease
Compensation per wRVU: 8.95 percent increase
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
