Medical Economics® Releases 90th Annual Physician Report

2019 APR 26 (NewsRx) -- By a News Reporter-Staff News Editor at Health & Medicine Business Daily -- Medical Economics®, a multimedia platform that provides resources for physicians that include practice management, health technology and expert voices, releases its 90th annual Physician Report, which discusses the results of its annual salary survey.

The results show that for just over half of physicians (52%), compensation was about the same as last year. Income dropped for more than one-fourth (26%) of physicians responding to the survey. About 22% of respondents reported a boost in compensation.

For 2018, salaries were either flat or declined for most physicians. The pressure to maintain current compensation levels is becoming more difficult due to time pressure to see more patients and lower reimbursement rates, physicians report.

“We had 1,300 physicians participating in this nationwide survey,” said Daniel Verdon, vice president of content and strategy for MultiMedia Healthcare, LLC. “This survey, with a 90-year history, provides accurate benchmarks on compensation for primary care and many other subspecialties. It also delivers insightful feedback from physicians on important topics like malpractice insurance, work-life balance, and other areas.”

(Our reports deliver fact-based news of research and discoveries from around the world.)