Highlights of the 2012 Physician Compensation Survey Report

By Madeline Hyden
July 15, 2012
Body of Knowledge Domain(s): Financial Management

Physicians reported moderate shifts in compensation last year, according to respondents to the new MGMA Physician Compensation and Production Survey: 2012 Report Based on 2011 Data.

Total median compensation increased for doctors:
Internal medicine — from $205,379 to $215,689 (a 5.0 percent increase)
Radiology: Diagnostic-invasive —from $440,000 to $486,764 (a 10.6 percent increase)
Anesthesiology — from $404,996 to $423,753 (a 4.6 percent increase)

More data samples comparing last year’s data to this year’s survey report:

Physician compensation to physician work RVUs ratio (NPPs excluded):
A physician’s total compensation divided by their reported wRVUs.

Neurology — from $51.56 to $52.64 (a 2.1 percent increase)
Occupational medicine — from $57.92 to $59.14 (a 2.1 percent increase)
Radiology: Diagnostic-noninvasive — from $56.48 to $54.34 (a 3.8 percent decrease)

Physician compensation by size of multispecialty practice (10 or fewer physicians):
OB/GYN — from $278,300 to $271,747 (a 2.35 percent increase)
Pediatrics — from $164,813 to $182,048 (a 10.5 percent increase)
Hospitalist: Internal medicine — from $220,000 to $225,000 (a 2.3 percent increase)

Regional compensation differences

The Health and Human Services (HHS) regional data provide data on 10 smaller geographic sections. According to this year’s report, the middle of the country reported the highest compensation for specialty-care physicians.

HHS Region 1: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont
HHS Region 2: New Jersey, New York
HHS Region 3: Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, West Virginia
HHS Region 4: Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee
HHS Region 5: Illinois, Indiana, Michigan, Minnesota, Ohio, Wisconsin
HHS Region 6: Arkansas, Louisiana, New Mexico, Oklahoma, Texas
HHS Region 7: Iowa, Kansas, Missouri, Nebraska
HHS Region 8: Colorado, Montana, North Dakota, South Dakota, Utah, Wyoming
HHS Region 9: Arizona, California, Hawaii, Nevada
HHS Region 10: Alaska, Idaho, Oregon, Washington

HHS regional compensation
About the report

This year's MGMA Physician Compensation and Production Survey Report provides data on more than 62,000 providers – the largest provider population of any physician compensation survey in the United States. The 2012 report includes data for physicians and nonphysician providers in more than 170 specialties, including:

  • Demographic categories (geographic region, practice setting and size)
  • Years in specialty
  • Majority ownership
  • Various performance ratios illustrating the relationship between compensation and production

Madeline Hyden, digital editor, Corporate Communications, MGMA

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