The physician shortage may yield better pay, perks for physicians: 5 statistics

While the physician shortage may fare poorly for patients and health systems, physicians and advanced practitioners may experience boosts in compensation and other incentives, according to RevCycle Intelligence.

Here are five statistics:

1. A Health eCareers survey found 41 percent of providers said their compensation spiked last year, with 46 percent reporting it stayed the same.

2. Some reasons for salary increases included merit raises (30 percent), new employers (22 percent) and mandated company-wide increases (15 percent).

3. The survey found 61 percent of employers used other incentives and motivators to bring in and keep providers, with 25 percent of employers offering more flexible work hours and 16 percent offering more vacation and paid time-off.

4. Fifteen percent of employers offered training and certification courses and 10 percent of employers provided more challenging and interesting assignments.

5. The survey found 86 percent of respondents were very confident or somewhat confident in finding a new position within the next 12 months.

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