Monday, November 14, 2011

Physician Compensation Update

In most specialties physicians are seeing an increase in compensation from last year. According to MGMA data the specialties experiencing the most dramatic increases were dermatology, emergency medicine, neurology, orthopedic surgery, and pulmonary medicine. The few specialties experiencing a decline were invasive cardiology, urology, and ophthalmology.

Experts say the big picture will most likely cause physician compensation to flatten, but the ever-rising demand for services should have an upside offsetting effect.

Hospitals and medical groups are also becoming more open-minded in their employment offers, trying to stay competitive not only from a salary stand-point but also offering enticing benefit packages, relocation, paid vacation and CMEs, and other incentives to create a big-picture compensation package.


Read the full article in the New England Journal of Medicine, or click here:
http://www.nejmcareercenter.org/article/89/physician-compensation-update-it-s-a-mixed-picture/

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