Physician Productivity and Compensation

Learn about the Physician Productivity and Compensation section of the survey.

Purpose

The fields included in this section capture detailed information on physicians and surgeons within the orthopedic practice.

Related Dashboards: Revenue by FTE Physician, Office Visits per FTE Physician, Patient Visits and Cases; Surgical Cases per FTE Physician, Surgeries per New Patient Visit, Work RVUs per FTE Physician, Revenue per Worked RVU, Annual Gross Charges, Net Receipts, and Work RVUs, Overhead per FTE Physician, Compensation per FTE Physician, Provider Compensation by Specialty, FTE Staff per FTE Physician, FTE Data, FTE Employees by 1,000 Visits, and Square Footage per FTE Physician

Section Overview

  • General Information – Collects basic information, including practice specialty and FTE status, about the physician that is used to customize benchmarking reports.
  • Patient Visits and Cases – Captures information on the number of visits and cases completed by the physician within the reporting year. Data are used for productivity calculations.
  • Work RVUs – Requests work relative value units for the physician during the reporting year.
  • Collections – Specifies the gross and net collections generated by the physician during the reporting year.
  • Compensation – Collects data on several sources of compensation for the physician.

Fields

  • Physician NPI – The Physician NPI Number, or other identifying number, will assist with trending survey data year after year.
  • Practice Specialty – The primary specialty of the physician; used as a filter to customize benchmarking results.
  • Provider Initials – Enter the provider’s initials or other identifying information to help you review your data entry. This information is for your reference only.
  • Owner/Employed – Select either owner or employee from the dropdown list to indicate the employment status of the physician.
  • Fellowship Trained – Is the physician fellowship trained? Select yes or no.
  • FTE Status – Identifies whether the physician worked full time (i.e., 1.0 FTEs) during the reporting year or less than full time. FTE (Full-Time Equivalent) is calculated for all individuals employed by the practice on a full or part-time basis. A full-time employee who works 40 hours per week would be reflected as 1.0 FTE.
    • To calculate the FTE of a part-time employee, divide the number of hours worked in an average week by the normal work week of the practice and multiply by the number of months worked per year divided by 12 total months per year.
      • FTE - (# hours worked in average week/hours in normal work week) X (# months worked/12 months)
  • Annual Total # New Patient Visits – Number of new patient visits conducted by the physician during the reporting year
  • Annual Total # Patient Visits – Total number of new and returning patient visits conducted by the physician during the reporting year. Include New Patients (99201 – 99205), Established Patients (99211 – 99215) and Post-Operative visits (99024) here.
  • Annual Total # Inpatient Surgical Cases – Indicates the number of surgical cases handled in an inpatient setting
  • Annual Total # Outpatient Surgical Cases– Indicates the number of surgical cases handled in an outpatient setting
  • Annual Total # Surgical Cases – FORMULA: Sum of Annual Total # Inpatient Surgical Cases and Annual Total # Outpatient Surgical Cases
  • Annual Total # of Visco Injections – Total number of viscosupplementation injections given by the physician during the reporting year.
  • Does your practice use Work RVU data? – Select Yes or No to indicate whether your practice collects and uses Work RVU data.
  • Physician Work RVUs – Work Relative Value Units attributed to the physician
    • Include:
      • Physician work RVUs only
      • Work RVUs for all professional medical and surgical services performed by the physician
      • Work RVUs for the professional component of laboratory, radiology, medical diagnosis, and surgical procedures
      • Work RVUs for all procedures performed by the medical practice
      • Work RVUs for procedures for both fee-for-service and capitation patients
      • Work RVUs for all payers, no just Medicare
      • Work RVUs for purchased procedures
      • National work RVU (do not include the geographical adjustment or GPCI); GPCI must be set to 1.000
  • Annual Gross Charges – Gross charges generated by the physician during the reporting period.
  • Annual Net Collections – Net receipts collected for the physician during the reporting year.
  • Annual Practice Compensation –Enter the amount of compensation paid to the physician by the practice. Provider compensation can be found in the following IRS Tax Forms, as appropriate for the individual physician and practice: W-2 Form, Schedule E (Form 1040) for Partnerships and S Corporations, Schedule K-1 (Form 1120S) for Shareholders in a Corporation, Schedule C (Form 1040) for Sole Proprietorships.
  • ASC Earnings Received? - Indicate whether the physician had earnings from an ASC and whether the amount of those earnings will be entered in the column to the right (Select 'Yes - Amount Provided' if the amount will be entered). Select 'Yes - Amount Unknown' if the amount of earnings is not available. Select 'No' only if the physician does not receive earnings from an ASC.
  • ASC Earnings Amount – Enter the amount of earnings the physician received from an ASC. Leave this column blank if the amount of ASC earnings is unknown.
  • Real Estate Earnings Received? - Indicate whether the physician had earnings from real estate and whether the amount of those earnings will be entered in the column to the right (Select 'Yes - Amount Provided' if the amount will be entered). Select 'Yes - Amount Unknown' if the amount of earnings is not available. Select 'No' only if the physician does not receive earnings from real estate.
  • Real Estate Earnings Amount – Enter the amount of earnings the physician received from real estate. Leave this column blank if the amount of real estate earnings is unknown.
  • Hospital Earnings Received? - Indicate whether the physician received earnings from a hospital and whether the amount of those earnings will be entered in the column to the right (Select 'Yes - Amount Provided' if the amount will be entered). Select 'Yes - Amount Unknown' if the amount of earnings is not available. Select 'No' only if the physician does not receive earnings from a hospital.
  • Hospital Earnings Amount – Enter the amount of earnings the physician received from a hospital. Leave this column blank if the amount of hospital earnings is unknown.
  • Other Compensation – Enter any other compensation for the physician, including signing bonuses not on the physician's W-2, witness fees, interrogatory fees, forms, malpractice panels, research and consulting fees, etc.
  • Total Annual Compensation – FORMULA: Sum of annual provider compensation, ASC earnings amount, real estate earnings amount, hospital earnings amount, and other compensation. No data entry required in this column.