Survey: Income not tied to quality for half of physicians

Despite the focus on value-based care, nearly half of physicians have no part of their income tied to quality or outcomes, according to a survey conducted by The Medicus Firm, a physician recruitment company.

The survey polled 2,351 physicians in 20 specialties across all 50 states. It found 44 percent of physicians did not have income tied to quality or value in 2016. An additional 13.5 percent had just 1 percent to 5 percent tied to quality or value, and 14 percent were not sure.

Compensation, value-based or not, remains of utmost importance to physicians. Those surveyed ranked it the most motivating factor for a career change (30 percent) followed by scheduling (17 percent). In 2016, 35.8 percent of respondents were satisfied with their income, 32.5 percent were unsatisfied and 31.8 percent were neutral. Physicians generally expect their compensation to remain the same this year, with just over quarter (27.1 percent) expecting an increase and a fifth (19.5 percent) expecting a decrease in pay this year. Physicians cited declining reimbursement as the No. 1 limit on their income, according to the survey.

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