Are physician pay increases slowing down?

News Article - July 31, 2018

Financial Management

Modern Healthcare survey results point toward relatively flat compensation between 2016 and 2017, with the exception of primary care, which may be attributed to a nationwide shortage. MGMA data reported in the MGMA DataDive Provider Compensation echo similar one-year trend findings. In a recent press release, MGMA reported that the overall five-year trend for primary care compensation has increased at a rate nearly double that of specialty care physicians. Modern Healthcare cites “Demand within the primary-care specialty market has not only been a result of hospitals' focus on population health management, but also as a means of addressing the impact of the opioid crisis,” as a couple other contributing factors, in addition to provider shortage, as cause for higher increases in primary care compensation.

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