Median total cash compensation for physician group executives steadily climbed this year, according to survey findings from the American Medical Group Association.
Chief compliance officers, CIOs and CMOs saw their pay increase between 11 percent and 17 percent so far in 2015, according to the "AMGA 2015 Medical Group Executive and Leadership Compensation Survey." Increasing compensation may be attributed to growing demand for expanded responsibilities in these roles, the report noted.
Compensation levels for most other C-level positions have remained relatively stable, showing only moderate changes year-over-year.
Roughly half of non-physician CEOs reported having a formal employment contract, while 63 percent of physician CEOs reported having a contract, according to the survey.
AMGA's report represents data from 65 participating healthcare organizations. The compensation data is based on physician group size and region of the country.