Physician pay, productivity slows for first time in a decade: 5 report statistics

An American Medical Group Association report found physician compensation and productivity did not experience a meaningful increase in 2017.

AMGA recorded responses from 270 multispecialty medical groups, representing 105,000 clinical providers in its AMGA 2018 Medical Group Compensation and Productivity Survey.

Here are the key details to know:

1. The weighted average change in median compensation for all physician specialties was an increase of 1.2 percent.

2. The weighted average change in median physician productivity was negative 1.63 percent.

3. Cardiac/thoracic surgery saw the largest pay increase at 6.4 percent.

4. The next highest increase was emergency medicine at 1 percent.

5. The report said possible reasons for the decrease in productivity may be burdensome EHR use, as well as administrative and compliance requirements.

More articles on benchmarking:
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