PCPs’ earnings continue edging upward, but compensation plan structures are changing substantially
Both the age-old joys of an inherently varied practice and new types of practice opportunities are drawing physicians to the specialty.
In conjunction with Medstro, we’ve curated physicians with special career expertise and experience for the NEJM CareerCenter Conversations series.
Many specialties are seeing increases that roughly mirror the inflation rate, but there are exceptions in the surgical specialties and some medicine subspecialties
A broad range of factors and economic issues influence how compensation is structured and what practices can offer incoming doctors.
Earnings are increasing modestly, but a few specialties are seeing big hikes and others, flattening incomes.
Industry market forces, national policy developments, and the economy are all having an effect.
As with the health care delivery landscape, economic realities and policy changes are reshaping the way doctors are paid.
Compensation models have become less complex than they were in the 1990s, but it’s important to know the basics when evaluating practice opportunities.
Physicians heading into the job market for the first time or eyeing a career move in 2007 will find plentiful opportunities and attractive compensation packages regardless of their specialty or preferred setting.