5 compensation updates physicians should know

Here are five compensation updates physicians should know that Becker’s has reported on since Sept. 27:

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  1. Median base salaries rose by 4.1% between 2022 and 2023 for leaders at all healthcare organizations.
  2. California Gov. Gavin Newsom signed a bill that will gradually raise the minimum wage of healthcare workers in the state to $25.
  3. Physicians in the United States make the most compared to their international counterparts, averaging $352,000 annually.
  4. Young physicians not receiving an annual raise was the most reported example of employers making financial cuts.
  5. Office-based single-specialty group practices paid young physicians the most for the third year in a row, with physicians in this setting earning $339,000 on average annually.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

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