AMGA survey: 77% of physician specialties saw median compensation increase from 2016 to 2017

AMGA, a trade association in Alexandria, Va., on Wednesday revealed data from its 2017 Medical Group Compensation and Productivity Survey.

For the survey, AMGA's consulting arm examined data from 269 medical groups representing more than 102,000 providers nationwide. The data, for 140 physician specialties and 28 other provider specialties, includes compensation, net collections, work relative value units and compensation-to-productivity ratios.

Here are four findings from the survey.

1. The survey found 77 percent of all specialties saw median compensation rise from 2016 to 2017, with the overall average physician pay increase at 2.9 percent.

2. The average increase for primary care specialists was 3.2 percent from 2016 to 2017, while the average increase for surgical specialties was 2 percent. Both groups saw an average increase of 3.6 percent from 2015 to 2016.

3. Ophthalmology, cardiac/thoracic surgery and hematology and medical oncology were the specialties with the largest median compensation increases from 2016 to 2017. The increases were 7.7 percent, 7 percent and 6.7 percent, respectively.

4. Emergency medicine saw average compensation decrease 2 percent from 2016 to 2017, compared to an average compensation increase of 9.6 percent from 2015 to 2016.

Read the full survey findings here.

 

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