2023 State of Hospital Medicine Report (Electronic Version)-Introduction

Introduction

Pdf Summary

The 2023 State of Hospital Medicine Report offers a comprehensive analysis of hospital medicine based on 2022 data, highlighting trends and characteristics within this rapidly evolving medical specialty. The report, produced by the Society of Hospital Medicine (SHM) and the Medical Group Management Association (MGMA), encompasses data from the State of Hospital Medicine and Hospital Medicine Workforce Experience Surveys, as well as the MGMA’s Physician Compensation and Production Survey.<br /><br />Key contributors include a range of medical professionals from various U.S. locations and SHM staff. The report is structured into sections detailing hospital medicine group profiles, services for adult and pediatric patients, compensation, production, and workforce experiences, providing valuable insights into staffing, scheduling, leadership, compensation, benefits, billing, and academic hospital medicine groups. It also emphasizes the importance of hospitalists, who are critical in managing complex and comorbid diseases and typically undergo specialized training.<br /><br />Important considerations include the proprietary nature of the data, the confidentiality of survey responses, and the intended use of the report, which is not to limit competition or alter compensation standards but to inform and educate on hospital medicine trends. Limitations of the data are acknowledged, due to the voluntary nature of survey participation, which might not represent all practices in hospital medicine.<br /><br />The report encourages users to leverage the data for benchmarking and performance comparison across different subcategories and geographic regions, while bearing in mind potential biases and variations in data interpretation. The appendices provide further definitions, methodologies, and details on survey instruments, serving as a crucial resource for medical professionals seeking to understand and utilize the results effectively for strategic decision-making in hospital medicine management.

Keywords

Hospital Medicine

2023 Report

Society of Hospital Medicine

Medical Group Management Association

Physician Compensation

Workforce Experience

Hospitalists

Benchmarking

Strategic Decision-making

Medical Specialty Trends