The five specialties with the biggest growth in provider compensation
Residency Program Insider, June 2, 2020
Want to receive articles like this one in your inbox? Subscribe to Residency Program Insider!
Established providers in psychiatry saw their total compensation increase 7.69%—the most among all specialties—from 2018 to 2019, according to the Medical Group Management Association’s latest Provider Compensation and Production Report.
After psychiatry, the specialties with the largest increase in total compensation were urgent care (6.83%), pulmonary medicine (5.51%), internal medicine (4%), and urology (3.85%). The average compensation for primary care physicians rose 2.6%.
More than 168,000 physicians and nonphysician providers from over 6,300 organizations submitted data for the annual report.
Source: Medical Group Management Association
Want to receive articles like this one in your inbox? Subscribe to Residency Program Insider!
Related Products
-
Residency Program Alert
Residency program managers in all specialties are challenged to effectively manage their programs as accrediting agencies...
-
Residency Program Insider
Residency Program Connection is devoted to bringing residency directors and coordinators expert advice, best practice...
Most Popular
- Articles
-
- CMS seeks comment on quality measures
- Don't forget the three checks in medication administration
- Practice the six rights of medication administration
- Know guidelines and subtle differences in code descriptions for laceration repairs
- Nursing responsibilities for managing pain
- Steps for maintaining patient privacy
- Note similarities and differences between HCPCS, CPT® codes
- Prevent dehydration with nursing interventions
- Q&A: Primary, principal, and secondary diagnoses
- Skills of effective case managers
- E-mailed
- Searched