Article Abstract:
Medical specialists increased their productivity by 5.6% and their income by 1.8% during 1995, according to a Medical Group Management Association survey. Primary care doctors in 1995 increased their productivity by 0.6% and their income by 4.7%, the survey found. The 1995 median income was $215,932 for specialists and $133,322 for primary care physicians. The trend toward managed care lowers specialists' income more than primary care doctors' income. Physician income is highest in the southern US.
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Article Abstract:
Increased demand for academic primary care physicians is driving up their compensation. Income for academic primary care doctors enjoyed a 5.45% income gain in 1996, according to a Medical Group Management Assn (MGMA) study. Academic specialists' income rose 3.34%. MGMA's Leigh Emery explained that academic medical centers are creating ambulatory practices, which has increased the demand for primary care doctors.
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Article Abstract:
Mike Hutchins, a consultant with Medical Group Management Association's Management Consulting Service, believes that income distribution is the most important element in the dissolution of group medical practices. The best income distribution formulas are easily understood, simple to calculate and designed to reward activities such as production, leadership, community service and quality.
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