ECG’s Southeast survey analyzed compensation information from 1,539 healthcare providers, and the Midwest survey reported information from 3,785 healthcare providers. Findings from each of the 2011 surveys include the following:
Southeast survey
• Compensation relative to work relative value unit production was 16.2 percent lower for Southeast physicians than compensation for physicians in ECG’s national data set.
• Overall benefit costs averaged $33,460 per physician, which represented 13.5 percent of their compensation. Health and retirement benefits were the most expensive benefits.
• Although recruiting primary care physicians has been difficult for Southeast physician groups, they are offering more creative recruitment benefits and higher-valued benefit packages to attract potential candidates.
Midwest survey
• Compensation relative to work RVU production increased for Midwest primary care physicians by 5.9 percent.
• Retirement contributions decreased to $10,588 per physician, while benefit costs rose slightly overall to 15 percent of total compensation.
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