Compensation

This channel page includes news on the salaries of cardiologists and other cardiology department staff, compensation studies, and articles on the economic impacts on pay due to changes in public or payor policy and shifting trends in medicine.  

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Dan Blumenthal, MD, MBA, chief quality officer at the Cardiovascular Associates of America, and a cardiologist at Massachusetts General Hospital, spoke at the Heart Rhythm Society (HRS) 2024 meeting business sessions on how changes in Medicare payments will impact electrophysiology and cardiology more broadly.

What cardiologists should expect as U.S. healthcare payment models evolve

Cardiologist Dan Blumenthal, MD, MBA, explains how changes in Medicare payments will greatly impact cardiology in the years ahead. In just a few short years, the business side of cardiology could look substantially different than it does today. 

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Starting salaries in cardiology are down, but ‘demand is still strong’

For most other specialties, however, starting salaries appear to be on the rise. 

Bharath Krishnamurthy, a director of Health Policy and Analytics at the American Hospital Association (AHA), explains the financial impact of the growing healthcare staffing shortage.

Healthcare staffing shortages leading to financial instability

Bharath Krishnamurthy, a director of health policy and analytics at the American Hospital Association, explains the financial impact of current healthcare staffing shortages.

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Cardiologist files lawsuit over salary—says she earns 37% less than male colleague she trained

A veteran cardiologist in Boston has filed a new lawsuit that claims she is earning a much lower salary than a less experienced male colleague. She believes this violates the Massachusetts Equal Pay Act.

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Wealthiest cardiologists tend to be men—least wealthy tend to be women

While 16% of male cardiologists have a net worth of more than $5 million, the same is true for just 6% of female cardiologists.

Healthcare salaries and compensation

Compensation keeps climbing in cardiology, electrophysiology, heart surgery

Among general cardiologists, compensation increased nearly 8% from 2023 to 2024. Interventional cardiology and electrophysiology saw even larger jumps.

How cardiologists and hospitals get paid via RVUs and DRGs There has been an increasing number of "business of cardiology" sessions are several cardiology conferences over the past two year as reimbursements continue to decline and costs continue to increase. Chief among the topics discussed has been how to navigate the intricacies of how cardiologists and hospitals are reimbursed. One of these speakers was Joel Sauer, MBA, executive vice president of consulting, MedAxiom, who spoke at the American Colle

How cardiologists and hospitals get paid

Joel Sauer, MBA, executive vice president of consulting with MedAxiom, reviews the intricacies of how cardiologists and hospitals are reimbursed.

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Cardiology salaries keep rising, outpacing consumer prices—interventional cardiologists see biggest jump

Cardiology's gains are far less than some specialties—pay for dermatologists went up more than 10%, for instance—but still ahead of the consumer price index.

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Around the web

Health Exec
Tom Price: Medical residency slots need to expand to combat physician shortages

Tom Price, MD, former secretary of Health and Human Services (HHS), said one way to address the growing shortage of physicians is to expand medical resident positions, but these are tied to Medicare spending so alternative means may be needed.

Health Imaging
Tariffs will have a significant impact on the nuclear imaging supply chain in the US

"Domestic radiopharmaceutical suppliers, who receive isotopes from abroad, would be impacted by price changes and uncertainty caused by additional tariffs,” SNMMI President Cathy Cutler, PhD, wrote in a letter to the U.S. Department of Commerce this week.