(800) 526-OPYS Pay my bill Member login
logo
  • Hospital Solutions
    • Emergency Medicine
    • Hospital Medicine
    • Post Acute Care
    • Urgent Care
    • Telemedicine
  • Join our Team
    • Physicians
    • Advanced Practitioners
    • Career Opportunities
  • About OPYS
    • Experienced Group
    • Metrics & Outcomes
    • Throughout the US
    • Quality Patient Care
    • Clinical Performance
    • Qualified Providers
    • Company Profile
    • Leadership Team
    • Mission Statement
    • Reviews
  • News
  • Contact Us

Why Physician Compensation has “Flattened”

Home > Emergency Physicians > Why Physician Compensation has “Flattened”

Why Physician Compensation has “Flattened”

August 27, 2011

“Artwork” with 20 Dollar bills. Image via Wikipedia.

One reason physician compensation has reached its peak is because of the number of physician employment opportunities offered by hospitals throughout the nation.

According to “Becker’s Hospital Review,” the Medicus Firm’s 2011 Physician Compensation Survey found that “in general, compensation was flat from 2009-2010. The average change in compensation from 2009-2010 across 19 physician specialties was negative .14 percent compared to positive 4.9 percent from 2008-2009.

Accenture reported further that “just about 33 percent of physicians will remain independent by 2013.”

“Hospitals may be offering physicians as much compensation as they can afford due to cuts to their own funding,” said Steve Marsh, managing partner and one of the founders and owners of The Medicus Firm.

“The only way to generate more income is to generate more volume. The problem is that most physicians are doing the maximum amount of volume they feel comfortable with without sacrificing quality of care,” said Marsh, “due to hospitals’ limited funds and physicians’ limited volumes, coupled with decreasing reimbursements.”

Physician compensation will stay flat or can potentially decrease slightly, according to Marsh.

“Physicians’ flat compensation levels may also exacerbate the physician shortage by triggering older physicians to retire early or potential medical students to choose other career fields,” Marsh said.

“Opportunities outside of direct patient care, such as pharmaceutical positions and executive roles may become more attractive and create a greater need for primary care physicians.”

Filed Under: Emergency Physicians, Physician Job, Physician Services News, Reimbursement Tagged With: Hospital Physicians, Physician Jobs

Search

Categories

  • Best Practice
  • Cardiologists
  • COVID-19
  • Emergency Physicians
  • General
  • Health Technology
  • Hospital Physicians
  • Hospitalists
  • New Job Opportunities
  • Patient Care
  • Physician Job
  • Physician Services News
  • Public Health
  • Reimbursement
  • Women's Health

Archives

  • January 2021
  • December 2020
  • September 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • December 2017
  • March 2017
  • June 2016
  • August 2015
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011

We’d Love to Hear From You,
Get In Touch With Us!

logo

Quality, efficient, patient-centered healthcare through experienced medical leadership, communication, and collaboration in the provision of hospital-based physician outsourcing services.

Our Services
  • Emergency Medicine
  • Hospital Medicine
  • Post Acute Care
  • Urgent Care
  • Telemedicine
OPYS Advantage
  • Our Team
  • Investor Relations
  • Career Opportunities
Contact
Corporate Office 

One Indiana Square, Suite 2060
Indianapolis, IN 46204

Southern Region 

7119 Afton Drive, Suite 101A
Knoxville, TN 37918

Phone: (800) 526-6797
Fax: (800) 456-6148
Email: info@opys.com

Copyright © 2021. All rights reserved I Site Map I Privacy Policy I Terms and Use

Digital Marketing by