Allied Healthcare Professional Revenue and ROI Report
KEY FINDINGS
Following are several key findings of AMN Healthcare’s 2024 Allied Healthcare Professional Revenue and ROI Report
Certain types of allied healthcare professionals, including radiology and rehabilitation professionals, are significant sources of direct net revenue for their employers. They also can be sources of an even greater amount of indirect revenue. Cath lab technologists generate the greatest amount net ROI among allied radiology professionals tracked in the survey. After the cost of utilizing them is deducted, they generate average revenues of $2,848,500 a year. Net average ROI after a 13-week assignment is $117,572. These and other numbers in the survey suggest the opportunity cost of not having allied radiology and rehabilitation professionals in place. In the case of cath lab technologists, the opportunity cost of not having a professional in place pro rates to $237,375 per month, or $54,778 per week. Multi-modality vascular sonographers rank second among allied radiology professionals, generating an average net ROI of $1,371,750 per year, less contingent labor costs. Net average ROI after a 13-week assignment is $356,655. Nuclear medicine technologists rank third, generating an average net ROI of $1,275,090 per year, less contingent labor. Net average ROI after a 13-week assignment is $331,523. Radiation therapists rank fourth, generating an average net ROI of $1,000,275 per year, less contingent labor. Net average ROI after a 13-week assignment is $260,071. General radiology technologists rank fifth, generating an average net ROI of $626,250 per year, less contingent labor. Net average ROI after a 13-week assignment is $162,825 Indirect revenue generated by allied radiology professionals may average in the millions of dollars per year. Per AMN Healthcare’s 2023 Physician Billing Report , radiologists submit an average billing of $2,031,501 to commercial payors annually ($4.1 million at the 75th percentile). Much of this billing could not be generated without the images taken by allied radiology professionals. Similarly, few surgical procedures can be conducted without images taken by allied radiology professionals. Per AMN Healthcare’s 2023 Physician Billing Report , orthopedic surgeons submit an average of $9,809,514 to commercial payors annually ($21,144,524 at the 75th percentile). Revenue derived from many types of surgeons and specialists also can be forfeited or delayed when allied radiology professionals are not available to take images and provide other services. Rehabilitation professionals also generate direct revenue. PTs, OTs, and SLPs generate an average ROI of $225,000 per year, less contingent labor costs. Net average ROI after a 13-week assignment is $58,500. Indirect revenue generated by PTs and OTs is difficult to calculate, but without an adequate number of therapists procedures requiring therapy may be delayed or lost to competitors who do provide access to therapy services.
© AMN Healthcare 2024
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