Brief summary of MGMA’s 2011 physician compensation survey

Physician Compensation and Production Survey

In a statement released by the Medical Group Management Association, primary care and specialty-care physicians saw varied movement in compensation levels from 2009 to 2010, according to the MGMA's new Physician Compensation and Production Survey: 2011 Report Based on 2010 Data (www.mgma.com for more information).

Total median compensation increased for doctors in:Internal medicine ­– from $197,080, to $205,379 (a 4.21 percent increase); Cardiology – from $481,878 to $500,993 (a 3.97 percent increase); and Emergency medicine – from $262,475 to $277,297 (a 5.65 percent increase).

Compensation remained flat or declined for physicians in:Urology – from $390,678 to $372,455 (-4.6 percent); Ophthalmology – from $338,208 to $330,784 (-2.20 percent); Radiology – from $478,824 to $471,253 (-1.58 percent); and OB/GYN – from 2,645 to 1,190 (-.51 percent).

Regional compensation differencesRegional data included in this year's report show differences in compensation based on location. In the Southern region of the United States, primary care and specialty-care physicians reported the highest earnings at $216,170 and $404,000, respectively. Physicians in the Eastern regions reported the lowest median compensation, $194,409 and $305,575. To stay competitive and ensure your practice is thriving, it's crucial to understand these compensation trends. For personalized advice and comprehensive practice management consulting, reach out to REED TINSLEY, CPA, your trusted partner in navigating the complexities of physician compensation and production.