Physician compensation and productivity on the rise

Physician compensation increased significantly and physician productivity rose slightly last year, according to an American Medical Group Association survey. Median overall physician compensation in 2018 increased 2.92%, compared to a 0.89% increase in 2017. Physician productivity increased 0.29%, compared to a 1.63% decrease in 2017.
 
The survey data, which was collected from 272 medical groups that employ more than 117,000 providers, includes several key data points:
  • Median compensation for primary care specialties rose 4.91% in 2018, compared to a 0.76% increase in 2017
  • Compensation for primary care physician assistants rose 2.50%
  • Compensation for primary care nurse practitioners rose 2.92%
  • Five of the highest specialties for mean compensation were orthopedic surgery, gastroenterology, general cardiology, diagnostic radiology (MD non-interventional) and urology
  • Other than productivity, the top five components of determining compensation were patient satisfaction, clinical quality and outcomes, citizenship, patient access measures, and care coordination.
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