On Demand - MedAxiom APP Report - Review of Current Trends and Team Structures-Presentation Slides

Presentation Slides

Pdf Summary

The Cardiovascular App Compensation and Utilization Report by Ginger Biesbrock provides a comprehensive overview of the state of the cardiovascular industry and the utilization of advanced practice providers (APPs). The report is based on data from MedAxiom's proprietary database, MedAxcess, which includes over 20 years of data and 800+ metrics.<br /><br />The report highlights the increasing importance of APPs in the cardiovascular care team, with the APP to physician ratio increasing from 0.39% to 0.6% in 2021. The data shows that APPs are being utilized in various roles and settings, including ambulatory care, acute care, electrophysiology, and device clinics.<br /><br />APPs have become a vital part of the cardiovascular workforce, and their utilization is expected to continue growing. The report emphasizes the need to focus on APP retention, as turnover can be costly and disruptive to care delivery. Factors that contribute to retention include compensation, professional growth opportunities, and a respectful work environment.<br /><br />The report also addresses productivity measures for APPs, including wRVUs, patient encounters, and patient contact hours. It highlights the importance of setting appropriate goals and providing incentives to motivate and reward APPs.<br /><br />In terms of leadership and compensation, the report emphasizes the need for strong APP leadership and the importance of fair and competitive compensation packages. It discusses the trends in APP compensation, which have been steadily increasing over the past five years.<br /><br />Overall, the report provides valuable insights into the utilization and compensation of APPs in the cardiovascular industry. It emphasizes the need for organizations to recognize the value of APPs and invest in strategies to support their development and retention.

Keywords

Cardiovascular App Compensation

Utilization Report

Ginger Biesbrock

advanced practice providers

APPs

MedAxiom

APP retention

compensation

productivity measures

APP leadership