Compare your salary, bonus structure, overhead ratio, and career plans with those of your peers, using this exclusive research by ConsultantLive
Health reform is supposed to emphasize healthcare quality when it comes to physician income, as a counterweight against patient volume. But while physicians wait for that concept to manifest in actual payment-model changes, volume continues to be a crucial factor in your compensation, as it is the most logical reaction to decreasing reimbursement and increasing overhead. Within these slides find data on how physicians are faring right now, culled from our survey of more than 1,700 doctors in every specialty. Once you’ve seen the data, don’t forget to check out our article for further guidance on how to cope with shifting reimbursement while maintaining your own income in the meantime.
Thirty-one percent of primary care physicians report than their income dropped from 2010 to 2011.
A full 57 percent of physicians described their compensation as "disappointing." That may relate to the wide spread in what primary care physicians dedicate to overhead, with most suffering from an overhead ratio of 40 percent or higher.
Most primary care physicians say they do not plan to join an ACO or other partnership in the next five years. Most plan to continuing practicing as they are.
Primary care physicians work long hours. a 40-hour work week is rare. Most are working between 41 and 60 hours a week.