Legal + Compensation

CMS has proposed a 2.8% conversion factor reduction to its physician fee schedule for 2025. 

The American Medical Association named Bobby Mukkamala, MD, an otolaryngologist from Flint, Mich., president-elect.

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.

Mississippi is the highest-paying state for primary care physicians and nonsurgical specialists, according to the Medical Group Management Association's "Provider Compensation and Productivity Data Report."

Out of 50 major metropolitan areas analyzed, eight had double-digit increases in the average salary among physicians in each area, according to Doximity's "Physician Compensation Report" for 2024, published May 23. 

The highest-paid physicians are most commonly surgical specialists and those treating primarily adult patients, according to Doximity's "Physician Compensation Report" for 2024, published May 23. 

Hematologists saw the greatest average salary growth among physicians in 2023, according to Doximity's "Physician Compensation Report" for 2024, published May 23. 

States in the central regions of the U.S. are typically higher-paying for physicians, according to Medscape's "Physician Compensation Report" for 2024.

Many healthcare providers were hopeful that Congress would reconsider its proposed Medicare reimbursement rates for 2024; however, recent updates by the agency have dashed the hopes of some clinicians.