Survey: Productivity is still a factor in physician pay ...

Value-based compensation is on the rise, but productivity still reigns supreme, according to the Physicians Practice 2013 Physician Compensation Survey, which was released last week. Thirty-three percent of 1,474 physicians and staff surveyed said a portion of their compensation is tied to value (quality and cost of care provided), and 8.5% of that group said this was the only factor in their pay.

In addition, 24% of respondents said patient satisfaction is tied to a portion of their compensation.

Nonetheless, 28% of respondents said they were paid based on productivity alone, while another 37% reported that productivity affected a portion of their pay. Regardless of the structure of their compensation plans, 54% described their income levels as “disappointing.”

Source: FiercePracticeManagement