The median total yearly compensation for hospitalists is $155,000, but physicians working in multistate hospitalist-only groups earn a median of about $169,000, while academic hospitalists earn less at $135,000, according to a national survey released today by the Society of Hospital Medicine.
The number of patient encounters handled by hospitalists is rising, according to the society, because time demands on primary-care physicians require them to spend more time in their offices seeing patients and less time rounding at hospitals.
Eighty-five percent of hospitalists work only in hospitals, doing no outpatient care, according to the survey.
The median number of hours worked is 1,985 while, on average, hospitalists have 2,238 patient encounters per year.
Data was gleaned from 300 hospital medicine group leaders and administrators representing 2,131 hospitalists and was gathered from September through November 2003.