Here are five numbers that provide a snapshot of the cardiology industry, per Medscape's "Cardiologist Compensation Report 2023."
Cardiology
Fifty-one percent of cardiologists participate in a fee-for-service payment model, according to Medscape's 2023 "Cardiologist Compensation Report."
Although the mean annual wage among all cardiologists in the U.S. is $421,330, that can vary based on factors including experience and practice setting, according to the most recent Bureau of Labor Statistics occupational employment statistics survey.
Shashi Ahuja, MD, must pay $2.6 million in damages for a botched procedure that left a Fort Wayne, Ind., woman with a disfigured and unusable right leg, wane.com reported May 26.
Here are four newly announced or opened cardiology ASCs reported by Becker's since Aug. 7:
Richmond, Va.-based James River Cardiology has entered into a partnership with private equity firm RC Capital to form Aligned Cardiovascular Partners.
Private equity is increasingly investing in cardiology as more procedures move to the outpatient setting.
Here are 11 cardiology updates Becker's has reported on in May:
Springfield, Ore.-based PeaceHealth Medical Center at RiverBend plans to permanently close its pediatric cardiology clinic on July 21, according to a May 24 report from public radio station KLCC.
Philip Blair, CEO of Surgery Center Services of America, spoke with Becker's about ASC companies' biggest growth focus and why cardiology is so important for ASCs.
