12/18/2023 0 Comments Highest paid doctorsSurgery - Plastic and Reconstructive SurgeryĪnesthesiology - Pediatric AnesthesiologistĪnesthesiology - Anesthesiologist AssistantĪnesthesiology - Certified Registered Nurse Anesthetistīased on anticipated physician earnings, organizing by greatest average charge per procedure produces a list of high-cost physician specialties that is more closely aligned with expected outcomes. Top 10 physician specialties by average charge per procedure All three specialties reported an average cost per procedure of $341 or lower, with family practice claiming an average cost of just $165 per procedure-one of the lowest of all physician specialties measured. While family practice, internal medicine, and nurse practitioners reported the greatest percentage of procedures in 2022, they also reported some of the lowest average costs per procedure. Segmenting physician specialties by total charges shows a strong correlation between the percent of procedures and the number of providers, with family practice, internal medicine, and nurse practitioners being the top three most charged specialties in this category. While this fact still holds true, the table above paints a much different picture of the top-ranking specialties when organized by the percent of total charges. Historically, orthopedics and plastic surgery have held top positions as high-cost physician specialties in terms of both physician earnings and average cost per procedure. 1 Data is from Definitive Healthcare’s Claims Analytics product. What are the 10 physician specialties by percent of total charges?įig. Though this value does not reflect the actual payment awarded to a care facility or provider for services administered, it can be reflective of relative patient volumes and average procedure costs. Percent of total charges refers to that specialty’s percentage of all total healthcare charges for the given year. In the tables below, we’ve aggregated individual physician procedure analytics for the 2022 claim year to highlight high-cost specialties by both the percent of total charges and average charge per procedure. The question here is: high cost for whom? The term can refer to specialties with the highest procedure costs, greatest revenue potential, or those with the highest-earning physicians. When one thinks of a high-cost physician specialty, more than one definition comes to mind.
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