Friday, March 25, 2016

Hyppocrates v Hypocrite

NOTE:  
      Charging the North Broward Hospital District was guilty of over-paying its physician employees, the U.S. Justice Department filled suit against the public health care system under provisions of the Federal Stark Law in 2010.
      Six years later, Broward Health's governing Board of Commissioners agreed to pay nearly $70 million to the Federal government in response to the suit.
      So...
      How did all this impact the level of compensation the District paid to its physician-employees?
                   North Broward Hospital District
                    District Employed Physician Program
    Fiscal Year                     2010                 2015
    Total Physician
    Office Visits                    227,901            311,476

    Gross Charges               $55,800,692      $85,227,315    
    Surplus (Loss)               ($20,763,236)    ($28,794,096)             Per Visit                            ($91)                  ($92)

    Employed
        Physicians                  50 physicians   70 physicians

    Physician
        Salaries                       $23,274,475      $32,066,873
    Per Physician                 $465,590           $458,098*
    Regular  FTEs                163                    248 
      Total Salaries               $8,338,046         $11,854,243
    Per FTE                          $51,443              $47,799 
                     
                   *Average Physician Salary
              SE United States - $269,000
                       Source - Medscape magazine
            $ Trends - North Broward Hospital District

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