According to Hay Group‘s 2012 physician compensation survey, group-based primary care physicians received the highest raises last year at 5 percent, and they are expected to receive 3 percent raises going into 2013. Hospital-employed physicians received the lowest raises last year, and they are only expected to receive a 2 percent raise this year.
Here are 27 statistics on physician salary increases, based on Hay Group’s survey. Note: Hay Group gathered data from 205 hospitals, health systems and group practices for the survey.
2011-2012 actual salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 2.8 percent
All organizations: 2.5 percent
2011-2012 actual salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 5 percent
All organizations: 2.5 percent
2011-2012 actual salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 5 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2011-2012 budgeted salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
2012-2013 budgeted salary increases — all specialties
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.6 percent
2012-2013 budgeted salary increases — primary care physicians
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.8 percent
2012-2013 budgeted salary increases — specialists
Hospital-based physicians: 2 percent
Group-based practices: 3 percent
All organizations: 2.5 percent
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