Physician compensation and revenue differed based on whether physicians worked for hospital/integrated delivery system-owned practices or not-hospital-owned groups, according to a recent MGMA report.
According to the report, the median total medical revenue for a multispecialty hospital-owned practice was $448,597 per FTE physician, compared to $798,608 for not-hospital-owned groups. Specialty care physicians working in multispecialty hospital/IDS-owned practices earned 19.85 percent less in total compensation than those in multispecialty not-hospital/IDS-owned practices, at $294,984 compared to $353,549.
Primary care physicians in multispecialty hospital/IDS-owned practices reported median total compensation of $192,116, over $12,000 more than PCPs in multispecialty not-hospital/IDS-owned practices, who earned $179,688 in median total compensation.
Order the MGMA report, "Cost Survey for Integrated Delivery Systems 2010 Based on 2009 Data."
Read more on compensation:
-6 Tips to Improve Quality Measures
-Study: Hospital Compare Measures May Not Correlate With Hospital Quality
According to the report, the median total medical revenue for a multispecialty hospital-owned practice was $448,597 per FTE physician, compared to $798,608 for not-hospital-owned groups. Specialty care physicians working in multispecialty hospital/IDS-owned practices earned 19.85 percent less in total compensation than those in multispecialty not-hospital/IDS-owned practices, at $294,984 compared to $353,549.
Primary care physicians in multispecialty hospital/IDS-owned practices reported median total compensation of $192,116, over $12,000 more than PCPs in multispecialty not-hospital/IDS-owned practices, who earned $179,688 in median total compensation.
Order the MGMA report, "Cost Survey for Integrated Delivery Systems 2010 Based on 2009 Data."
Read more on compensation:
-6 Tips to Improve Quality Measures
-Study: Hospital Compare Measures May Not Correlate With Hospital Quality