Three-quarters of specialty physicians made more money in 2014, according to the American Medical Group Association (AMGA) 2015 Medical Group Compensation and Productivity Survey.
The overall weighted average increase in 2014 compensation was 2.8%, similar to 2.9% from 2012 to 2013. Primary care specialists saw a decrease of 0.3%, down from an increase of 3.8% in 2013 (weighted average). Other medical specialties saw an average increase of 3.2%, up from 1.8% in 2013, and surgical specialties saw an average increase of 2.0%, down from 3.0% in 2013. Specifically, there was an average 5.9% increase in comp for dermatologists, and a 3.5% average increase in comp for otolaryngologists, the data show.
The AMGA 2015 Medical Group Compensation and Productivity Survey presents data for 134 physician specialties and 27 other provider specialties, with breakdowns by region and group size. Data represent responses from 251 medical groups, representing more than 73,000 providers. The survey provides data on compensation, net collections, work Relative Value Units, and compensation-to-productivity ratios. Other data include panel sizes, gross productivity, fringe benefits and benefits expense-to-compensation ratios, patient visits, compensation for experienced new hires and new residents or fellows, compensation and productivity for academic facilities, and compensation and productivity for nurse practitioner and physician assistant subspecialties.