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July 22, 2011

Primary care physicians: Say no to low compensation

According to 35 percent of primary care physicians (PCPs), compensation is the most important factor in changing practices.

The Medicus Firm, a physician-recruiting group, recently conducted a 2011 compensation survey that showed physician compensation, for the most part, stayed the same as last year. For a country facing a predicted shortage of 46,000 PCPs by 2025, the news of unsatisfied PCPs continues to worsen. PCPs did not see the kind of across-the-board gains in income reported in 2010 that internists’, who’s incomes rose by 14 percent did.

Compensation was 50 percent more important to PCPs who were evaluating a professional move than location or quality of practice, the most significant factors for residents and fellows.

Six percent of physicians surveyed said they were unhappy enough about compensation to consider leaving medicine entirely, according to the Medicus survey.

New doctors seem to be going where the money is, and it’s not in primary care.

Read the full story reported by Medical Economics. Read more.



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