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COPYRIGHT 2004 International Medical News Group
Primary care physicians are becoming a growing source of revenue for hospitals.
Average annual net inpatient/outpatient revenues generated by primary care physicians (family physicians, general internists, and pediatricians) jumped from $1.27 million per physician in 2002 to almost $1.6 million in 2004, according to a survey from Merritt, Hawkins & Associates (MHA), a physician search firm based in Irving, Tex.
Referrals by primary care physicians remain an important economic engine for hospitals, Phil Miller, director of communications for MHA, said in an interview.
The...
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