Becker's ASC Review

45 HEALTHCARE NEWS 29 physician specialties ranked by annual compensation By Kelly Gooch D uring the COVID-19 pandemic, primary care physicians earned an average annual compensa- tion of $242,000 and specialists earned an average of $344,000 — a decrease of $1,000 and $2,000, respectively, compared to before the public health crisis hit. In its Physician Compensation Report 2021, Medscape collected responses from about 18,000 U.S. physicians across more than 29 specialties. e latest Medscape survey was conduct- ed from Oct. 6, 2020, through Feb. 11, 2021, aer the COVID-19 crisis began. Physicians experienced several hard- ships during the pandemic, including temporary office closures and restric- tions on elective procedures. But in an article about its latest survey, Medscape said physician salaries were overall able to stay steady at the end of 2020, because of factors such as telemedicine reimbursement, government programs, capitation and staff reductions. e following is annual physician com- pensation by specialty with the percent changes from the 2020 edition of the Medscape report, which is based on data collected from Oct. 4, 2019, through Feb. 10, 2020. is report reflects only full-time salaries. Note: e list includes a tie at No. 25. Percentages are rounded. 1. Plastic surgery: $526,000 (10 percent increase) 2. Orthopedics: $511,000 (0 percent) 3. Cardiology: $459,000 (5 percent increase) 4. Urology: $427,000 (2 percent in- crease) 5. Otolaryngology: $417,000 (9 percent decrease) 6. Radiology: $413,000 (3 percent decrease) 7. Gastroenterology: $406,000 (3 percent decrease) 8. Oncology: $403,000 (7 percent increase) 9. Dermatology: $394,000 (4 percent decrease) 10. Ophthalmology: $379,000 (0 per- cent) 11. Anesthesiology: $378,000 (5 percent decrease) 12. Surgery, general: $373,000 (2 percent increase) 13. Critical care: $366,000 (3 percent increase) 14. Emergency medicine: $354,000 (1 percent decrease) 15. Pulmonary medicine: $333,000 (3 percent decrease) 16. Pathology: $316,000 (0 percent) 17. OB/Gyn: $312,000 (1 percent increase) 18. Nephrology: $311,000 (1 percent increase) 19. Physical medicine and rehabilitation: $300,000 (3 percent decrease) 20. Neurology: $290,000 (3 percent increase) 21. Rheumatology: $276,000 (5 percent increase) 22. Psychiatry: $275,000 (3 percent increase) 23. Allergy and immunology: $274,000 (9 percent decrease) 24. Internal medicine: $248,000 (1 per- cent decrease) 25. Infectious diseases: $245,000 (0 percent) 25. Diabetes and endocrinology: $245,000 (4 percent increase) 27. Public health and preventive medi- cine: $237,000 (2 percent increase) 28. Family medicine: $236,000 (0 percent) 29. Pediatrics: $221,000 (5 percent decrease) n Private equity pushes into healthcare: 8 recent deals By Alia Paavola T he healthcare sector is drawing in- terest from private equity investors this year, with at least eight deals announced in the last month. Editor's note: This is not an exhaustive list. 1. NewSpring, a private equity group, in- vested in Spirit Pharmaceuticals, which develops, packages and distributes private-label, over-the-counter pharmaceutical products. 2. NewSpring, along with Capital Alignment Partners, Petra Capital Partners and Tecum Capital, acquired Aging With Comfort, a Philadelphia-based home care agency. 3. SPG, a portfolio company of Ridge- mont Equity Partners, acquired Child Counseling & Behavior Therapy Clinic, a California-based provider of behavior intervention services. 4. Medrio, a portfolio company of Questa Capital that provides clinical technology to pharmaceutical, device and diagnos- tics providers, acquired HMD Clinical, which provides randomization and trial supply management solutions. 5. Appriss Health, a provider of cloud- based care coordination software and analytics solutions backed by Clearlake Capital Group, completed its acquisi- tion of PatientPing, which offers care coordination solutions for patients with complex needs. 6. Provation, a procedure documenta- tion and clinical decision support solution provider backed by Clearlake Capital Group, acquired iProcedures, a provider of cloud-based anesthesia documentation and perioperative data management software. 7. Private equity firm General Atlantic in- vested in virtual chronic care platform Vida Health. 8. Health Enterprise Partners and SV Health Investors funded Jet Health›s acquisition of Hospice de la Luz, an Albuquerque, N.M.-based hospice company. Jet Health is a portfolio company of the two PE firms and provides hospice services. n

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