The increase in the amount of guaranteed salary for primary care physicians is somewhat attributable to the growing nationwide physician shortage, as practices, hospitals and health systems attempt to lure the shrinking number of primary care providers into the fold, according to a news release on the report report.
“With an influx of new patients anticipated in 2014, practices are seeking additional providers to serve patients. They are increasingly offering signing bonuses, relocation expenses, even additional vacation time, to attract physicians and prepare to best serve their communities in the future,” Kenneth Hertz, FACMPE, with MGMA Health Care Consulting Group, said in the news release.
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