Physician salaries are expected to jump 2.6 percent in 2013 across all specialties and organizations, but how do those salary increases break down by specialty?
According to Hay Group's 2012 physician compensation survey, group-based primary care physicians received the highest raises last year at 5 percent, and they are expected to receive 3 percent raises going into 2013. Hospital-employed physicians received the lowest raises last year, and they are only expected to receive a 2 percent raise this year.
Here are 27 statistics on physician salary increases, based on Hay Group's survey. Note: Hay Group gathered data from 205 hospitals, health systems and group practices for the survey.
2011-2012 actual salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 2.8 percent
All organizations: 2.5 percent
2011-2012 actual salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 5 percent
All organizations: 2.5 percent
2011-2012 actual salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 5 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2012-2013 budgeted salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.6 percent
2012-2013 budgeted salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.8 percent
2012-2013 budgeted salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
According to Hay Group's 2012 physician compensation survey, group-based primary care physicians received the highest raises last year at 5 percent, and they are expected to receive 3 percent raises going into 2013. Hospital-employed physicians received the lowest raises last year, and they are only expected to receive a 2 percent raise this year.
Here are 27 statistics on physician salary increases, based on Hay Group's survey. Note: Hay Group gathered data from 205 hospitals, health systems and group practices for the survey.
2011-2012 actual salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 2.8 percent
All organizations: 2.5 percent
2011-2012 actual salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 5 percent
All organizations: 2.5 percent
2011-2012 actual salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 5 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2012-2013 budgeted salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.6 percent
2012-2013 budgeted salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.8 percent
2012-2013 budgeted salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
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