Pediatric Physician Compensation Soared 5.5% in 2011

Pediatric subspecialty physicians saw their compensation increase 5.5 percent last year — the fourth straight year compensation has increased, according to ECG Management Consultants‘ sixth annual national pediatric subspecialty physician compensation survey.

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ECG’s pediatric survey collected data from more than 3,800 pediatric subspecialists in more than 40 medical, surgical and hospital-based pediatric subspecialties. Other findings from the survey include:

•    Production-adjusted compensation increased 1.3 percent.

•    Cost of benefits averaged $37,528 per physician, or 17 percent of total compensation. Retirement contributions represented the largest portion of that total at an average of $13,917 per physician.

•    More than half of surveyed members plan to modify their current physician compensation plans to incorporate non-production-based components, such as quality, patient satisfaction and patient access.

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