Increases in physicians’ overall compensation in both primary and specialty care did not keep up with inflation in 2008, according to the Medical Group Management Association (MGMA) Physician Compensation and Production Survey: 2009 Report Based on 2008 Data. Physicians in primary care reported a 2 percent increase (-1.73 percent adjusted for inflation) to a median of $186,044. Specialists’ compensation rose 2.19 percent (-1.59 percent when adjusted for inflation) to a median of $339,738. Inflation in 2008 amounted to a 3.8 percent increase in the U.S. Consumer Price Index. Click title to read more…
Physicians in internal medicine fared the worst among their primary care counterparts, posting an increase of less than 1 percent in compensation in 2008 (-3.37 percent with inflation considered). Among specialists, emergency medicine physicians, dermatologists, and general surgeons all reported flat salaries before inflation was factored in, with declines of up to -3.2 percent after inflation. Gastroenterology, up 7.38 percent, and pulmonary medicine, up 6.65 percent, were among the few specialties that posted moderate gains in compensation in 2008.
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