According to the survey, the median compensation for all primary care physicians increased by $5,000 from 2011 and 2012. Such large increases reflect the growing shortage of primary care physicians, as well as an increased demand for these physicians. Hospitals, in particular, have emerged as more active players in the health care marketplace by putting together accountable care organizations and integrated health care systems, which require the services of primary care physicians, said Kenneth Hertz, a principal with the MGMA Health Care Consulting Group. Read the full article here.
Demand for Family Physicians fuels salary, compensation Increases
Median first-year guaranteed compensation for family physicians who do not practice obstetrics jumped by $7,000 between 2011 and 2012, from $163,000 to $170,000. This increase was driven in large part by a greater demand for family physicians, according to a recent survey released by MGMA (formerly, the Medical Group Management Association).
