Physicians employed by hospitals and health systems could experience a 2.3 percent increase in base salary in 2011, according to a survey by management consulting firm Hay Group.
Hay Group predicts a 2.6 percent pay increase for all healthcare employees in 2011, up from 2.3 percent in 2010. Salaries for employed physicians will increase slightly less than nurse salaries, which could be in for a 2.7 percent boost.
"Healthcare providers have felt the pinch, but salary budgets are beginning to move upward, mirroring the slow ascent in the broader economy," said Ron Seifert, vice president and executive compensation practice leader for Hay Group's healthcare practice in a news release.
Read the Medscape report on the Hay Group release.
Read more on physician employment:
-Physician-Hospital Integration Efforts: 4 Key Concepts
-5 of the Biggest Hospital Employment Trends in 2010
-Physician Employment & Beyond: The Current State of Physician Integration
Hay Group predicts a 2.6 percent pay increase for all healthcare employees in 2011, up from 2.3 percent in 2010. Salaries for employed physicians will increase slightly less than nurse salaries, which could be in for a 2.7 percent boost.
"Healthcare providers have felt the pinch, but salary budgets are beginning to move upward, mirroring the slow ascent in the broader economy," said Ron Seifert, vice president and executive compensation practice leader for Hay Group's healthcare practice in a news release.
Read the Medscape report on the Hay Group release.
Read more on physician employment:
-Physician-Hospital Integration Efforts: 4 Key Concepts
-5 of the Biggest Hospital Employment Trends in 2010
-Physician Employment & Beyond: The Current State of Physician Integration