Staff doctors' pay up 2.9% in '96 but 1 out of 4 received no raise
MANAGED CARE April 1997. ©1997 Stezzi Communications
Staff physicians of all specialties had average total cash compensation of $156,800 last year, up 2.9 percent from 1995, according to a survey of 124 hospitals and other organizations by William M. Mercer Inc. Twenty-seven percent of respondents did not raise physicians' salaries in 1996, yet in organizations that responded both years, the average increase was 7 percent. If a staff doctor did receive a salary increase, it was greater the higher the doctor was in the hierarchy: 3.4 percent for residents but 3.9 percent for executives above the level of department chair. Nonphysician executives in health care averaged 4-percent increases in 1996.
What a staff physician makes
Source: WILLIAM M. MERCER, LOUISVILLE, KY. (800) 333-3070