Earlier this year, we published a white paper that included breakouts in all of the major financial categories for pathologists across the nation based on our client data. We’ve since decided to crunch the numbers a bit further to provide an idea of what the average salary is for a pathologist in Michigan.
Vachette manages more than $43 million in annual revenue generated by 82 pathologists throughout the state of Michigan. The average salary that we see in Michigan based on our client data is $531,000 per pathologist. However, you should understand this average was drawn from several different groups operating under varying fee schedules, which may partly explain why you fall below that total. If you are curious as to what Vachette can do to specifically increase your revenue, perhaps now is the time for us to talk.
With PAMA cuts expected to reduce current CMS compensation rates by as much as 10 percent in each of the next three years (and that’s not including potential Merit-based Incentive Payment System penalties that will grow in the coming years), ensuring that your revenue cycle management is up to snuff is more important than ever.
By auditing processes quarterly and keeping up on industry changes, we keep our clients ahead of the game financially, all while helping them avoid breakdowns in their billing processes.
We have been working with hospitals, laboratories, and hospital-based groups for more than 15 years and would love to serve you as well. If you’re interested in learning more about how Vachette can help you generate more revenue, or simply want more info on our audit process, feel free to contact us directly at 517-486-4262.