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PHYSICIAN COMPENSATION
Market forces, emerging trends affecting physician compensation:
On the whole, physician compensation has been stable or rising slightly, depending on the specialty, in the last two years. But a number of forces are afoot that may change not only how much physicians earn but also how practice activities affect earnings. Following are among the key trends and observations that are —or could—affect compensation packages in the future:
Health reform provisions and Medicare’s new push to reduce costs are unfolding gradually. Both, despite the “unknowns” about the former, will affect compensation as practices struggle to meet new requirements or cope with reductions in ancillary services.
Integration of hospitals and physician practices is occurring rapidly, through affiliations and outright purchases. That may spell more stability for employed physicians and possibly economic difficulties for groups that retain independent status.
And lastly, hospitals, integrated health systems and many large private groups are moving away from solely productivity-based compensation structures and toward quality-based incentive programs. Increasingly, in the years ahead, physicians may see a portion of their earnings “at risk” for performance and outcomes.
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NEW OPENINGS - California, Florida, Georgia, Michigan, Mississippi, Missouri, North Carolina, Ohio, South Carolina, Tennessee, Washington
Specialties: General, Solo, Employed, Stroke, Movement Disorders, Headache/Pain, Sleep, Epilepsy, PedsThe neurology opportunity list has been updated and reformatted for easier viewing. |
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