MANAGED CARE October 2005. ©MediMedia USA
Compensation growth for specialists fell behind that of primary care physicians in 2004 for the first time in several years, according to the Medical Group Management Association. Specialists reported only a 0.2 percent increase in compensation overall, compared to a 20.6 percent increase in overall growth over the previous five years. Primary care physicians reported a 3.1 percent increase in overall compensation in 2004; over the previous five years, they had enjoyed an overall increase of only 9.0 percent.
Median compensation for selected specialists, 2000–2004
Source: Physician Compensation and Production Survey: 2005 Report Based on 2004 Data, Medical Group Management Association