The average annual billing amount from all physicians to commercial payers is $3.8 million, according to a recent report from AMN Healthcare.
The healthcare staffing company's "Physician Billing Report" for 2023 was published March 21. The report used claim and clearinghouse data to calculate reimbursement levels among 18 specialties.
Here are the estimated 2021 net reimbursements* from private insurance for services among 18 specialties, starting with the highest:
1. General surgery: $5,834,508
2. Orthopedic surgery: $4,904,757
3. Critical care: $3,338,656
4. Urology: $2,943,381
5. Gastroenterology: $2,765,110
6. Otolaryngology: $2,095,277
7. Obstetrician/gynecology: $1,880,888
8. Rheumatology: $1,705,140
9. Cardiology: $1,703,013
10. Anesthesiology: $1,665,510
11. Pulmonology: $1,561,617
12. Neurology: $1,390,181
13. Psychiatry: $1,348,730
14. Internal medicine: $1,297,200
15. Radiology: $1,015,750
16. Dermatology: $729,107
17. Family medicine: $697,094
18. Pediatrics: $661,552
*Editor's note: Data assumes a 50 percent claim denial rate.