The Hospitalist Career Becomes More Popular
Life as a medical professional can be a whirlwind, especially if you are focused on a specialization that’s in high demand. Flexibility and an open schedule are necessary for most doctors, but what if you yearn for some routine and stability in your day-to-day work?
Since the 1990s, the hospitalist specialization has been a mainstay in hospital systems everywhere. Providing internal medicine physicians with a way to focus on patient recovery from start to finish, the hospitalist role provides not only financial flexibility for the hospital and consistent care for its patients, but also stability and familiarity for the physician. By knowing all of their hospital’s procedures and details, a hospitalist can focus more energy on patient care and less on paperwork and red tape. Aside from the convenience and better patient focus, a hospitalist career pays well. According to salary.com’s reports, as of November of this year, the average salaray of a hospitalist is over $205,000, making it a rewarding career path for a physician looking to stay put with one hospital.
Financial compensation should always play a big role, but what are some of the other realities of a career as a hospitalist? Today’s Hospitalist reports on hospitalist career findings to give us a better idea of what the career is like. Below are some of their 2013 statistics.
Hospitalists earn just shy of $250,000 when their pay arrangment includes incentive bonuses, and earn over $270,000 on a 100% productivity arrangement
- These numbers are up by nearly $30,000 each when compared to 2010 statistics
- An average of 33% of hospitalists polled said they work between 16-25 weekends per year
- Paid time off was higher by around half a week per year if the specialist is employed through a hospital as opposed to a primary care group
- Hospitalists who work for a university see the least amount of patients per shift (around 14) and see around 16 if they work for a hospital
Is a hospitalist career right for you? Check out why we think hospitalist training is so important for you or your practice, and take a look at our hospitalist CME course if you think this career path is the right one for you!