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Cardiology

Financial Losses in Most Regions, Despite Increases in Physician Compensation

Published in Cardiovascular Week, September 3rd, 2007

According to findings in the American Medical Group Association’s 2007 Medical Group Compensation and Financial Survey, most specialties saw modest increases in compensation in 2006. In that year, 92% of the specialties experienced increases in compensation, with the overall average increase around 4.8%. The primary care specialties saw about a 4% increase in 2006, while other medical and surgical specialties averaged around 6%. The survey also found that, on average, only organizations in the Western region were operating at a profit ($17,317 per physician), whereas organizations in the Southern region were operating at a significant loss (-$6,049 per physician).

The...

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