According to new survey data from Sullivan, Cotter and Associates Inc., a health care consulting firm, primary care physicians saw their total cash compensation rise by 3.4% from 2014 to 2015. Medical specialists saw an increase of 2.5%, and surgeons saw a rise of 2.3%. Overall, physicians saw their pay rise by 1.8%.
The group’s 2015 Physician Compensation and Productivity Survey gathered information from 560 organizations representing nearly 115,000 individual physicians.
Sullivan also found that that just under half (45%) of survey respondents use quality measures in their compensation plans for physicians. The group says that figure represents a 13% increase from two years ago.
On average, staff physicians received $18,500 in quality incentives, or about 6% of their total cash compensation.
According to an article in Becker’s Hospital Review, the specialties with the largest increases include urgent care, which saw an 11% rise, and general psychiatry, which saw an increase of 9%.
Becker’s reports that the specialties with the lowest increases were anesthesiology, with a 2% loss, and neurology, with a 1% gain in compensation.
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I certainly haven’t seen a 3.4% increase in my compensation as a primary-care pediatrician, and I suspect few other pediatricians have, either. Where were the data supporting this assertion collected?
The data is compiled from 560 organizations; nearly 115,000 individual physicians and advanced practice clinicians. Click through the link for more information.