Physician executives earn more money with business degrees
Hospitalist Leadership Connection, October 6, 2009
Cejka Search, a healthcare executive and physician search organization, recently released its annual Physician Executive Compensation Survey for 2009. Based on a survey of members of the American College of Physician Executives, this group is seeking business degrees; one-third of physician executives (33%) possess an MBA, MMM, MPH, or MHA.
Physician executives are also earning more based on their degrees. For example, they earned more compared to those who didn’t have a post-graduate degree:
- An average of 11% more with an MBA
- An average of 10% more with an MHA
- An average of 8% more with a MMM
"Healthcare organizations are now mandating advanced business degrees in conjunction with strong clinical expertise for their physicians in executive leadership positions," said Lois Dister, executive vice president and managing director with Cejka Search's Executive Search Division in a Cejka press release.
Compare the 2009 results to the 2008 results on blog posts on HospitalistLeadership.com from Cejka Search Manager of Industry Research and Publications Nancy Burns, MBA.
Related Products
-
Medical Staff Leader Connection
Subscribe to our weekly e-mail newsletter for medical staff leaders that provides them encouragement, tips, tools, and...
-
The Medical Executive Committee Handbook, Third Edition
Updated to reflect the new 2007 Joint Commission standards, this best-selling resource offers practical tools and strategies...
-
Medical Staff Leaders' Practical Guide, Sixth Edition
Written by experienced medical staff leaders currently working in hospitals, The Medical Staff Leaders' Practical Guide...
-
A Better Way Than Pay For Call Coverage
Choosing the call physician compensation model that works best for your hospital is essential to strong hospital-physician...
-
Medical Staff Briefing
This monthly resource acts as a support system by providing time-saving tools, expert advice, and analyses to help you...
Most Popular
- Articles
-
- HIPAA Q&A: Flu shot requirement for hospital employees
- Running an effective peer review committee meeting
- HealthDataInsights posts new issues for medical necessity claims
- Sneak Peek: Effort underway to establish caseload benchmarks
- Q/A: Coding for telescopic intraocular lens
- New FAQ posted on storing laryngoscope blades
- Tip: Perform your own internal investigation prior to government audit
- HIPAA 5010 deadline extended, but threat remains, says AMA
- HHS task force: Consider privacy, security with text messages
- What does case-mix index mean to you?
- E-mailed
-
- Running an effective peer review committee meeting
- HIPAA Q&A: Flu shot requirement for hospital employees
- HHS task force: Consider privacy, security with text messages
- What does case-mix index mean to you?
- Q/A: Coding for telescopic intraocular lens
- Q/A: Correct use of modifier -PT
- Tip: Correctly code bilateral pain management procedures
- "Wall fountains" may be spreading Legionnaires to patients, visitors
- 2012 CPT code changes for ASCs: Shoulder and knee scopes and pain management
- COT basics to best
- Searched