MGMA Physician Placement Starting Salary Survey Highlights

Most of the facilities we work with establish their starting salaries or guarantees based on MGMA guidelines. What are MGMA guidelines and how are they determined? The New England Jounal of Medicine's recent newsletter has an article dedicated to explaining what MGMA guidelines are based on and how they are determined by taking recruiting surveys from hospitals and physician recruiters.

Physician recruiting in today's market requires a comprehensive understanding of market dynamics, and the Physician Placement Starting Salary Survey is one more tool to help build that understanding.

The 2009 Physician Placement Starting Salary Survey is a valuable tool that recruiters and the hospitals and medical groups for which they recruit can use to develop competitive offers in an increasingly competitive market. Recruiters who submit data for the survey can receive complimentary copies of it. The NAPR encourages greater participation each year to make survey data richer. In fact, respondents can now enter data on a perpetual basis so that the information can be entered when placements are made. They can then be stored, compiled, and submitted at the end of the year, rather than requiring respondents to save the data as its obtained and then enter all of it for the year in one sitting. Depending on the volume, this can be very time-consuming.

Check out the full article at the New England Journal of Medicine, http://www.nejmjobs.org/rpt/starting-salary-survey.aspx