Nearly 84 percent of survey respondents said market salary data is a factor in determining base salary of their physicians. Roughly 144 medical groups were surveyed on this topic.
Here are the top six base salary determinants for medical groups, according to the AMGA survey.
• Market salary data: 84 percent
• Percentage of concurrent production: 33 percent
• Percentage of last year’s salary: 17 percent
• Defined salary range: 17 percent
• Percent of expected future compensation: 8 percent
• Panel size of work units: 4 percent
More Articles on Physician Compensation:
5 Physician Specialties With Largest Compensation Increases From 2008-2011
30 Statistics on Median Physician Compensation in 2011
3 Centerpieces in Hospital-Owned Physician Group Compensation Plans
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.