2023 REPORT: CARDIOVASCULAR PROVIDER COMPENSATION & PRODUCTION SURVEY

SURVEY HIGHLIGHTS

• Compensation and production across all of cardiology are relatively stable.
• The median total compensation gap between private and integrated cardiologists, which narrowed in 2021, widened in 2022 with compensation increasing for integrated cardiologists and decreasing for cardiologists in private practices.
• The ratio of advanced practice providers (APPs) to physicians, as well as production and compensation for APPs, all continued their year-over-year increases with 92 percent of participating programs now including APPs in their care teams.
• MedAxiom data through 2022 does not show any meaningful reversion of integrated practices back to private practice despite the impact of private equity on cardiology ownership.
• Median total new patient volumes inched up again in 2022 to the highest level recorded, while imaging and procedural volumes across the board saw no significant increases on a per patient panel basis,
• After peaking in 2021, cardiac surgeon total compensation decreased in 2022 while vascular surgery went the opposite direction to its highest level recorded.