HCPro.com: Physician Compensation & Recruitment

October 2008 (Volume 9, Issue 10)	view entire issue

On-call pay trends begin to stabilize, survey finds
The tug-of-war between hospitals and physicians over on-call pay may be nearing a truce, and hospitals are seeking ways to strike a balance between their budgetary concerns and physicians’ desire to be paid for on-call duty. As a result, on-call pay rates are stabilizing. Detroit-based Sullivan, Cotter and Associates, Inc., recently released its fourth annual survey of physician on-call pay rates and practices, the 2008 Physician On-call Pay Survey Report, and although the prevalence of on-call pay for physicians continues to increase, the growth in the rates paid for call coverage has slowed.

Low compensation continues to create challenges
Although neurology compensation continues to increase, neither the pay nor the rate of increase is as high as in many other specialties. Neurologists earned a median total cash compensation of $220,000 in 2006, a 1.76% increase from $216,199 in 2005, according to the MGMA 2007 Physician Compensation and Production Survey. That remains among the lowest compensation levels of all nonprimary care specialties. Contrast that $220,000 with the $348,706 earned by dermatologists or the $406,345 by gastroenterologists during 2006.

Other recently-published articles from Physician Compensation & Recruitment:

In debt, heavily recruited, and aware of their value, residents are making their career decisions earlier

High demand, increased procedures drive compensation

Hospitals turn to employment model as on-call solution

Low compensation continues to create challenges

On-call pay trends begin to stabilize, survey finds

Recruiters seek efficiency in ailing economy, tight market

Low comp creates geriatrician shortage as population ages

Primary care reports bigger compensation increases than normal as specialists struggle to keep pace with inflation

IPPS, fee schedule contain new Stark changes

’Float pool’ offers alternative to locum tenens

Choose the right on-call comp model for your hospital

IMG physicians can ease looming shortage

Growing demand and steady profits keep orthopedic surgery compensation high

Sharing recruits helps rural hospitals find specialists

Female physicians more satisfied despite earning less

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