In recent years, compensation has been growing for 1099 certified registered nurse anesthetists and nurse anesthesiologists, according to the American Association of Nurse Anesthesiology.
During the last three to four years, 1099 CRNAs and nurse anesthesiologists have experienced 15% to 25% wage increases — and during high demand, these contracts were being renewed every six months, the AANA said in a June 23 post. This trend has since stabilized.
CRNAs and nurse anesthesiologists earn a median salary of $251,000. In the 1099 market, they earn between $200 and $250 per hour, according to the AANA.
In the hospital industry, fewer organizations are changing anesthesia provider groups compared to historical rates. This decrease in “contract churn,” the AANA said, is slowing the trend of pay raises.
“We’re not seeing hospitals change anesthesia groups as often and as quickly as they have been,” said Tracy Young, AANA vice president. “It’s expensive to do an anesthesia transition. Hospitals are now starting to reconsider and keep a service they’re not 100% satisfied with, but they’re keeping it due to cost issues.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.