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New Report Tracks Revenue Generated by Allied Healthcare Professionals
AMN Healthcare ServicesAMN Healthcare Services(US:AMN) Newsfilterยท2024-06-19 14:00

Core Insights - Allied health professionals, including radiology technologists and therapists, can generate significant revenue for healthcare facilities, with cath lab technologists leading at over $2.8 million annually [1][2] - The report highlights the importance of allied healthcare professionals as revenue-generating assets rather than just costs, emphasizing their role in supporting physicians and overall healthcare revenue [2][3] Revenue Generation by Allied Health Professionals - Cath lab technologists generate an average of more than $2.8 million in net annual revenue, equating to approximately $237,375 monthly and $54,778 weekly after staffing costs [1] - Vascular sonographers follow with average net revenues of $1,371,750 per year, while nuclear medicine technologists and radiation therapists generate $1,275,090 and $1,000,275 respectively [2] - General radiology technologists generate average annual net revenues of $626,825 [2] Indirect Revenue Contributions - Allied radiology professionals also contribute to indirect revenue, as their work enables radiologists to bill over $2 million annually for interpreting diagnostic images [3] - The report indicates that the indirect revenue generated by physical therapists, occupational therapists, and speech language pathologists is challenging to quantify but is significant, particularly in relation to surgeries requiring post-operative therapy [4] Data Source and Methodology - The report is based on a national database of annual billing generated by various allied healthcare professionals, accounting for the costs of staffing them on a contingent basis [5]