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
-
- Don't forget the three checks in medication administration
- Note similarities and differences between HCPCS, CPT® codes
- Complications from immobility by body system
- OB services: Coding inside and outside of the package
- Q&A: Primary, principal, and secondary diagnoses
- Differentiate between types of wound debridement
- The consequences of an incomplete medical record
- Nursing responsibilities for managing pain
- Practice the six rights of medication administration
- ICD-10-CM coma, stroke codes require more specific documentation
- E-mailed
-
- CDC alert: Screen for international travel as Ebola cases increase
- Correctly bill ancillary bedside procedures in addition to the room rate
- Q/A: Coding infusions to correct low potassium levels
- Q&A: Utilization Review Committee Membership
- Q&A: Bill blood administration the same way for inpatient and outpatient accounts
- Q&A: A second look at encephalopathy as integral to seizures/CVA
- Performing a SWOT analysis
- Intravenous therapy guidelines
- Coding, billing, and documentation tips for teaching physicians, interns, residents, and students
- Coding tip: Watch for different codes for SI joint injections
- Searched