Ask the expert: Where can I find physician compensation data?
Medical Staff Leader Connection, May 6, 2009
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When recruiting a physician to a particular specialty, a variety of physician compensation data sources are available to help you determine a reasonable compensation package and comply with fair market value requirements. To start your research, begin with these resources:
- Compensation records of the physicians already employed or contracted at your organization for comparison
- State hospital associations
- Medical Group Management Association surveys (www.mgma.com)
- Sullivan Cotter’s Physician Compensation and Productivity Survey (www.sullivancotter.com/surveys)
- Various consulting firms
This week’s question and answer are adapted from, “Fair market value: Determine reasonable compensation packages to avoid legal trouble,” which appeared in the May issue of Medical Staff Briefing.
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