For positions like medical directors, which typically require physicians and particular medical specializations, there is a wide variety of clinical and medical director market compensation survey data available. Alternatively, surgery center administrator positions could be provided by either physicians or non-physicians. From a regulatory perspective, compensation paid should reflect what other administrators are paid in the marketplace.
That being said, a physician who has extensive experience in running an ASC should receive administrator salary towards the upper end of market survey data for these services. To ensure compliant and reasonable compensation rates, we would suggest having a full FMV appraisal conducted.
Learn more about VMG Health.
More Articles Featuring VMG Health:
Surgery Center Staff Hours Per Case: 40 Statistics to Know
5 Factors That Heavily Influence ASC Value
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.