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Survey: 2004 PCP compensation growth topped specialists
Physician Practice Advisor, September 6, 2005
The Physician Compensation and Production Survey: 2005 Report Based on 2004 Data, a new Medical Group Management Association (MGMA) survey, found that specialty physician compensation growth was lower than that of primary care physicians (PCPs) for the first time in several years.
Specialists experienced a 0.18% average increase in compensation, while PCPs experienced a 3.13% average increase in compensation. Some specialties saw compensation decreases, such as ophthalmologists (6.56% decrease), urologists (2.41% decrease), and orthopedic surgeons (0.10% decrease). However, specialists still earned over $100,000 more than PCPs.
The survey of 41,682 providers also surveyed starting salary rates for new physicians and salary changes for nonphysician practice staff.
For more data from the MGMA report, click here.
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