Hospitalist demand and income offers on the rise
Hospitalist Leadership Connection, July 13, 2010
Hospitalist income is on the rise, according to a new survey, “Summary report 2010 Review of Physician Recruiting Incentives,” by Merritt Hawkins, a healthcare consulting and physician search firm.
The survey is based on more than 2,800 physician and allied health professional search assignments between 2009 and 2010, including 124 hospitalist physician searches.
The average income offer to hospitalists was $208,000, and incomes varied between a low of $165,000 to a high of $295,000. Those figures represent base salary or income guarantee but do not include production bonus or benefits. Up from previous years, the average income offer rose from an average of $201,000 in 2008/2009, $181,000 in 2007/2008, and $145,000 in 2006/2007.
“Hospitalists have been among Merritt Hawkins’ top four requested specialties for four consecutive years,” states the study. “However, because so many internal medicine practitioners are choosing to practice as hospitalists, largely to enjoy the lifestyle benefits of defined shifts, the supply of general internists has become constrained, making internal medicine one of the most difficult search assignments to fill today.”
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