On Demand: 2024 Provider Compensation & Production Report Review-Webinar Recording

Video Transcription

Video Summary

The MedAxiom webinar, led by Karen Wilson and Joel Sauer, provided a comprehensive overview of the 2024 Cardiovascular Provider Compensation and Production Survey. The discussion opened with technical guidance for accessing the presentation materials and a prompt for participants to complete related surveys. Key findings include a notable shift toward APPs amid a decrease in overall provider numbers, reflecting a national trend of fewer physicians and a growing role for Advanced Practice Providers (APPs) in cardiovascular services. The survey indicated a rise in compensation across cardiology specialties, with invasive cardiologists notably earning the highest. Regional discrepancies were noted, with the South paying physicians the most due to higher productivity. The data suggests steady new patient increases, highlighting access challenges. Notably, advanced cardiac imaging adoption is uneven, influenced by various impediments. The role of call duty, gender disparities, and subspecialty choices further distinguish compensation and production patterns. Surgery remains small-scale compared to cardiology, with notable APP involvement. Trends suggest APP usage will continue rising, emphasizing the need for integrated, team-based care models. The session concluded with a reminder for participants to download the webinar slides and submit any further questions.

Keywords

Cardiovascular Provider Compensation

Advanced Practice Providers

Cardiology Specialties

Regional Discrepancies

New Patient Access

Advanced Cardiac Imaging

Gender Disparities

Team-based Care Models

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