Physician compensation in private practice is consistently greater than compensation in academic settings, according to a study reported in HealthImaging.
The report, Academic Practice Compensation and Production Survey for Faculty and Management, noted that anesthesiologists earned an average of $326,000 in academic settings compared to $407,292 in private practice. General surgeons in academic settings earned $297,260 compared to $343,958 in private practice.
"Physicians in private practices concentrate their effort on providing clinical care to patients while physicians in academic practices split their efforts between clinical care and research activities," said Jonathan Tamir, MBA, vice chairman, finance and administration, department of internal medicine, Yale University School of Medicine in New Haven, Conn. "These research activities are never as well compensated as clinical care."
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The report, Academic Practice Compensation and Production Survey for Faculty and Management, noted that anesthesiologists earned an average of $326,000 in academic settings compared to $407,292 in private practice. General surgeons in academic settings earned $297,260 compared to $343,958 in private practice.
"Physicians in private practices concentrate their effort on providing clinical care to patients while physicians in academic practices split their efforts between clinical care and research activities," said Jonathan Tamir, MBA, vice chairman, finance and administration, department of internal medicine, Yale University School of Medicine in New Haven, Conn. "These research activities are never as well compensated as clinical care."
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