Here are 10 recent findings on anesthesiologist compensation, employment and reimbursement in 2011, according to LocumTenens.com's Anesthesiology Salary Survey. Note: All numbers are averages.
1. The average annual anesthesiologist salary in 2011 was $364,689, based on full-time employment.
2. Anesthesiologist salaries have increased over the past four years, jumping from an average of $336,375 in 2008 to an average of $364,689 in 2011.
3. While salaries for all anesthesiologists have increased in the last four years, salaries for female anesthesiologists have seen the most significant jump. Female anesthesiologists earned an average of $296,704 in 2008 and an average of $349,545 in 2011, an increase of $52,841.
4. Owners or partners of a practice or group made more than salaried employees in 2011. According to the report, owners or partners made an average of $394,333 in 2011, compared to $348,406 for salaried employees.
5. Anesthesiologists with 13-20 years of experience made more than anesthesiologists with other levels of experience — including those with 21-30 years of experience or more than 30 years of experience.
6. Less-experienced anesthesiologists (those with five years or experience or less) made less in 2011 than in 2009. In 2009, these anesthesiologists made an average of $357,780, compared to $353,875 in 2011.
7. 93 percent of anesthesiologist respondents said they currently accept Medicare patients.
8. Anesthesiologists said an average of 39 percent of their patient population is enrolled in Medicare.
9. 66 percent of anesthesiologist respondents said Medicare reimburses less than their cost for the encounter.
10. 73 percent of anesthesiologist respondents said the upcoming reforms to Medicare, as part of the Affordable Care Act, will not be beneficial to them. Respondents cited for the following reasons the Act will not benefit them:
• Decrease in compensation/decrease in reimbursement
• Decreased efficiency/increased workload
• Disagree with government involvement in the healthcare system
Read more about the LocumTenens.com report on anesthesiologist compensation here.
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1. The average annual anesthesiologist salary in 2011 was $364,689, based on full-time employment.
2. Anesthesiologist salaries have increased over the past four years, jumping from an average of $336,375 in 2008 to an average of $364,689 in 2011.
3. While salaries for all anesthesiologists have increased in the last four years, salaries for female anesthesiologists have seen the most significant jump. Female anesthesiologists earned an average of $296,704 in 2008 and an average of $349,545 in 2011, an increase of $52,841.
4. Owners or partners of a practice or group made more than salaried employees in 2011. According to the report, owners or partners made an average of $394,333 in 2011, compared to $348,406 for salaried employees.
5. Anesthesiologists with 13-20 years of experience made more than anesthesiologists with other levels of experience — including those with 21-30 years of experience or more than 30 years of experience.
6. Less-experienced anesthesiologists (those with five years or experience or less) made less in 2011 than in 2009. In 2009, these anesthesiologists made an average of $357,780, compared to $353,875 in 2011.
7. 93 percent of anesthesiologist respondents said they currently accept Medicare patients.
8. Anesthesiologists said an average of 39 percent of their patient population is enrolled in Medicare.
9. 66 percent of anesthesiologist respondents said Medicare reimburses less than their cost for the encounter.
10. 73 percent of anesthesiologist respondents said the upcoming reforms to Medicare, as part of the Affordable Care Act, will not be beneficial to them. Respondents cited for the following reasons the Act will not benefit them:
• Decrease in compensation/decrease in reimbursement
• Decreased efficiency/increased workload
• Disagree with government involvement in the healthcare system
Read more about the LocumTenens.com report on anesthesiologist compensation here.
Related Articles on Anesthesia:
Iowa Court Prevents ARNPs From Directly Supervising Fluoroscopy
ASA Clarifies Changes to Anesthesia Claims Under 5010 Transaction Code Set
OSI Systems Introduces Anesthesia Gas Monitoring Solution