The 2011 Medical Director Survey analyzed data from more than 159 healthcare organizations and more than 3,200 medical directors.
Other results from the survey include the following:
• Neurosurgery medical directors recorded the highest hourly rate in 2011 at $277.78. Medical directors of endocrinology had the largest percent increase (17.4%) in hourly rates from 2010 to 2011.
• The majority of medical director positions tended to be part-time positions filled by private physicians from the hospital’s medical staff.
• Independently contracted medical directors are paid almost 4 percent higher on average than employed medical directors.
• Nearly 27 percent of organizations offer performance bonuses to their medical directors, an increase from 22.6 percent in 2010.
• More than 82 percent of organizations said all of their medical directors have contracts. Roughly 73 percent of those contracts are for one-year terms.
• Seventy-eight percent of contracts require physicians to log their time.
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