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Managers at small and midsize medical groups see increases in pay
NEWS IN BRIEF — Posted Sept. 10, 2012
The median compensation of managers running practices with 25 or fewer full-time equivalent physicians went up, while the pay for those running larger practices went down slightly, according to a report released Aug. 29 by MGMA-ACMPE, an organization formed by the merger of the Medical Group Management Assn. and the American College of Medical Practice Executives.
Researchers analyzed data on 7,907 managers working at 1,306 practices for the organization’s annual “Management Compensation Survey: 2012 Report Based on 2011 Data.” Administrators in practices with six or fewer physicians earned median compensation of $88,117 in 2011, a 1.9% increase from 2010. Practices with seven to 25 full-time equivalent physicians gave administrators a median 4.8% raise to $120,486 in 2011.
Administrators in large practices saw a 2.8% decrease in median compensation to $146,533.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2012/09/10/bibf0910.htm.
