Physician pay declines in Q2: 4 notes

Physicians saw a slight decrease in compensation per provider from the first quarter to the second quarter of 2022, according to Kaufman Hall’s “Physician Flash Report” published Aug. 1. 

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The report is based on data from 200,000 physicians and advanced practice providers in more than 100 specialties. 

Here are three more notes on physician compensation:

1. Average compensation per physician shrank to $343,257 in the second quarter from first quarter levels of $358,239. 

2. All physician specialties experienced decreases in compensation per physician.

3. Increased patient demand, inflation and a competitive labor market are continuing to drive up expenses, the report said. 

 

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