What's Happening?
MedAxiom has published its 2025 Cardiovascular Provider Compensation and Production Survey, revealing significant trends in cardiology compensation and workforce deployment. The survey, which included data from 232 cardiovascular programs, highlights
a continued increase in compensation for full-time cardiologists, reaching a median of $694,954 in 2024. The report also notes a growing gap between integrated and private practice cardiologists, with integrated cardiologists earning over $700,000, while private practice cardiologists saw a decline. Advanced Practice Providers (APPs) are playing an increasingly critical role, with cardiology programs increasing their APP-to-physician ratio.
Why It's Important?
The findings from MedAxiom's survey are crucial for understanding the evolving dynamics in cardiology care. The increase in compensation reflects the high demand for cardiologists, while the growing reliance on APPs indicates a shift in care delivery models. These trends have implications for healthcare access, as larger patient panels and declining new patient visits suggest potential challenges in meeting patient needs. The data provides valuable insights for healthcare organizations to strategize workforce planning and address access issues.
Beyond the Headlines
The survey underscores a fundamental shift in cardiology care, with APPs taking on more responsibilities as the industry adapts to workforce shortages. This shift may lead to changes in billing practices and productivity expectations, impacting how care is delivered and managed. The report highlights the importance of data-driven strategies in navigating these challenges and optimizing healthcare delivery.