http://www.newswise.com/articles/2001/7/SALARY.AMG.html
Physician Compensation and Productivity Increase Library: MED
Keywords: MEDICAL GROUP PHYSICIAN COMPENSATION SALARY DATA HEALTH CARE
Description: Median compensation and gross productivity for physicians has generally increased over the past four years according to findings in the American Medical Group Association's 2001 Medical Group Compensation & Productivity Survey.
AMGA Releases Compensation and Productivity Data Physician Compensation and Productivity Increase for Most Specialties
ALEXANDRIA, VA--Median compensation and gross productivity for physicians has generally increased over the past four years according to findings in the American Medical Group Association's 2001 Medical Group Compensation & Productivity Survey.
Findings indicate an increased demand for surgical, and some medical, specialties. For the period 1999 to 2000 the survey found that physicians specializing in urology, gastroenterology, and anesthesiology experienced the largest increases in compensation. Endocrinology showed a slight decline in compensation, and has only reported a 2.8 percent increase in four years.
Median work RVUs and gross charges were examined to determine physician productivity. The survey found increases in effort as well as increases in RVU values over the past four reporting years. Sizeable one-year increases in work RVUs were found in general cardiology and dermatology. Some specialties (allergy, cardiac/thoracic, family medicine, oncology, and pulmonology) reported declines in work RVUs, possibly due in part to changes in RVU values.
The 2001 survey includes salary and productivity data on physicians in 93 specialties, 25 other health care provider positions, and 16 administrative positions. This information is broken down and presented by the size of the group, the location of the group, and total RVUs.
The fifteenth annual American Medical Group Association's compensation and productivity survey was conducted by the national accounting firm of RSM McGladrey, Inc. The survey contains compensation and productivity data from almost 27,000 medical group physicians throughout the United States and is intended to assist various management levels in evaluating and comparing current physician compensation and productivity levels, trends, and relationships between compensation and productivity.
The American Medical Group Association shapes the health care environment by advancing high quality, cost effective, patient centered, physician directed health care. The association's members are physician groups dedicated to the delivery and continuous improvement of comprehensive health care of the populations they serve.
To find out more about this year's survey findings, please call Thomas Flatt at (703) 838-0033, ext. 328. A limited number of copies of this year's survey are available for working press. Surveys are also available for purchase for $175 to AMGA members and $250 to nonmembers.
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