Advertisement

Legal + Compensation

A jump in physician productivity is primarily driving compensation increases this year, according to SullivanCotter's 2023-24 Physician Compensation and Productivity Report.

The continued consolidation of physician groups and health systems is pushing procedures to hospital outpatient departments over ASCs, driving Medicare costs up, according to a study published July 25 in Science Direct. 

Eleven specialties saw year-over-year starting salary growth in 2024, according to an Aug. 1 analysis published by healthcare staffing firm AMN Healthcare.

While Medicare’s Merit-Based Incentive Payment System "is well-intentioned", the program has started to undercut small and rural practices,  a blog post from the American Medical Association said. 

Advertisement

In the last year, 18% of physicians have made a bad investment, according to Medscapre's "Physician Wealth and Debt Report" published June 12. 

Physicians are earning more year over year than ever — but this does not necessarily mean they are happier about their pay than ever before.

Advertisement