Monday, June 17, 2013

MGMA Physician Compensation 2013

The Medical Group Management has released their 2013 Physician Compensation and Production Survey report.  Most physicians, specialists, and surgeons pay increases were largely flat, however the study finds physician compensation across all generalists, specialists, and surgeons is becoming more and more based on quality measures, including the quality of care they provide and whether their patients are satisfied.

With the Affordable Care Act kicking in on January 1, 2014, the MGMA study comes as physicians are gearing up for the potential of millions more paying customers.

According to a recent article in Forbes, the health law and trends in the private sector are also beginning to influence doctor pay because employers, government and private insurers are beginning to move away from fee-for-service medicine to reimbursement tied to quality measures.

Read the full article in Forbes by clicking here:

Another article in HealthLeaders also reviews the data on the MGMA report based on 2012 data, agreeing that quality measures are emerging as components in physicians' compensation.  This trend is expected to grow as value-based reimbursements gradually supplant fee-for-service, volume-based models.

Read the full article in HealthLeaders Media by clicking here:

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