November 4th, 2011 by Happy Hospitalist in Research
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Want to know if your hospitalist compensation package is on par with other hospitalist groups around you? I have previously written about the results of the hospitalist salary compensation survey for 2010, 2011 (SHM and MGMA). The parabolic rise appears to have no end in site. Hospitalist demand continues to grow as witnessed by the rapid expansion of hospitalist subsidy/support payment for 2011, despite poor economic conditions.
Here’s another look at an exceptional 2011 Hospitalist Salary Survey done by the folks at Today’s Hospitalist. If you are a hospitalist, you owe it to yourself to stay well informed about what you are worth in the market place. As shown in the SHM/MGMA survey, hospitalist compensation Read more »
*This blog post was originally published at The Happy Hospitalist*
October 11th, 2011 by RyanDuBosar in News, Research
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Hospitalists in adult medicine reported an increase in median compensation from $215,000 to $220,619 in 2010, while pediatric hospitalists median compensation rose from $160,038 in 2009 to $171,617 in 2010. Though hospitalists earned more in 2010, they also reported higher productivity. The annual median adult hospitalist physician work relative value unit (wRVU) rate was 4,166, a 1.4% increase over last year.
According to the Medical Group Management Association (MGMA) and Society of Hospital Medicine’s (SHM’s) State of Hospital Medicine: 2011 Report Based on 2010 Data, compensation varied by how it was structured. Adult hospitalists with 50% base salary or less reported median compensation of $288,154, while adult hospitalists with 51-70% base salary reported median compensation of $249,250. Adult hospitalists who reported 71-90% base salary earned Read more »
*This blog post was originally published at ACP Hospitalist*
September 23rd, 2011 by BobDoherty in Health Policy, Opinion
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Many physicians, and especially primary care physicians, aren’t happy campers. Why should they be? They feel disrespected, overworked, over-managed, and underpaid. They tell me they wouldn’t advise their children to go into medicine. Some feel that physicians are singularly beset upon. “Our government acts toward the medical profession in an abusive fashion. No other industry or profession is humiliated in this way,” writes RyanJo, a frequent commentator to this blog.
I can appreciate why many physicians are upset. They’ve had a decade where the Medicare SGR formula repeatedly has threatened to cut their fees, only to have Congress enact last minute reprieves that replace the cut with a small token increase that has not kept pace with their costs. Last year, Congress actually allowed the cut to go into effect and then retroactively restored it, creating havoc in physicians’ offices during the four weeks when they weren’t being paid. Like Charlie Brown and Lucy’s football, they are told each year by their members of Congress that that “this will be the year when the SGR will finally get repealed, really, for sure, we promise, this time will be different”–only to see it pulled away at the last minute.
In the meantime, they are constantly hounded to be more accountable for the care they deliver, to fill out just another form, to document their encounters, to get Read more »
*This blog post was originally published at The ACP Advocate Blog by Bob Doherty*
June 25th, 2011 by RyanDuBosar in Health Policy, Research
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Primary care physicians are getting paid more, two surveys agree, while hospital employment is rising.
Internists earned $205,379 in median compensation in 2010, an increase of 4.21% over the previous year, reported the Medical Group Management Association’s (MGMA’s) Physician Compensation and Production Survey: 2011 Report Based on 2010 Data. Family practitioners (without obstetrics) reported median compensation of $189,402. Pediatric/adolescent medicine physicians earned $192,148 in median compensation, an increase of 0.39% since 2009.
Among specialists, anesthesiologists reported decreased compensation, as did gastroenterologists and radiologists. Psychiatrists, dermatologists, neurologists and general surgeons reported an increase in median compensation since 2009.
Regional data reveals primary and specialty physicians in the South reported the highest earnings at $216,170 and $404,000 respectively. Primary and specialty-care physicians in the Eastern section reported the lowest median compensation at $194,409 and $305,575. This year’s report provides data on nearly 60,000 providers.
Recruiting firm Merritt Hawkins reported that general internal medicine was one of its top two most requested searches for the sixth consecutive year. Family physicians were the firm’s most requested type of doctor, followed by internists, hospitalists, psychiatrists, and orthopedic surgeons.
Average compensation for internists Read more »
*This blog post was originally published at ACP Hospitalist*
April 16th, 2010 by Toni Brayer, M.D. in Better Health Network, Health Policy, News, Opinion
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Corporate Hall of Shame Award
With the United States undergoing the worst recession since the Great Depression and people everywhere worried about the cost of healthcare and how healthcare reform will affect them, isn’t it great to know that some special corporate executives got a 51 percent raise in 2009?
Angela Braly, president and CEO of health insurer WellPoint, got a nice bonus that raised her salary to $13.1 million from $8.7 million the year before. Read more »
*This blog post was originally published at EverythingHealth*
