MGMA is the preferred benchmark because its surveys typically have the largest sample size of any publically available data on physician compensation and wRVU productivity within a given subspecialty. • Medical Group Management Association-Academic (MGMA-Academic): Academic Practice Compensation and Production Survey for Faculty and Management. All rights reserved. Some surveys focus on a single specialty or are otherwise not highly applicable to a broad physician audience. Includes data from 616 clinical science departments representing over 20,876 faculty physicians and non-physician providers. The reported data is a baseline for benchmarking 2020 operations. The MGMA data reveals that median compensation for established providers increased from the report published in 2018 in most specialties. Recent MGMA benchmarks are also published on the DOMBO website. MGMA Data. Overall, primary care physicians experienced a 3.4% increase from 2017 to 2018, specialty physicians had a 4.4% increase and advance practice providers had a 2.9% increase. Other Health Care Provider Compensation and Productivity (Advanced Practice Providers) for other On January 7, 2019, MGMA opened the 2019 Compensation and Production Survey collecting data on physician and non-physician provider compensation and productivity during 2018. Individual Physician Compensation and Productivity for physician data from January through December 2019 or your medical group’s most recent fiscal year/reporting period. Compensation for non-physician providers also increased, the report found, with physician assistants seeing a 10.35% increase and nurse practitioners seeing a 4% increase. Compensation for call activities was the most significant, with a median of just over $20,000 per FTE physician. Total compensation from non-clinical sources at the median was $33,450 in 2018 and represented 7 percent of the physician’s total compensation. This document is intended to serve as a guide for completing the MGMA 2018 Compensation and Production Survey. Moving forward, MGMA will consider adjusting the data collection to capture the new norm of medical practice operations. and Production. Read Physician Compensation and Production Survey: 2010 Report Based on 2009 Data (Mgma Physician Specialties with 20110 highest compensation paired with favorable life style factors continue to be the most popular at attracting top US medical school graduates. A list of physician specialties is included in the Specialty List tab. I. Administrative leadership effort4: The Medical Group Management Association (MGMA) Provider Compensation and Production Report is one of these, though MGMA does make a few key findings public, which I’ve included here. 2020 MGMA Provider Compensation and Production is based on 2019 data and reflects information prior to COVID-19 that continues to affect practices in 2020. © 2021 MJH Life Sciences and Physician's Practice. 3. Metric 2012 MGMA Rank - per FTE Physician - Owner Total Medical Revenue $703,692 92nd Ambulatory Visits 4,578 75th thWRVUs 5,611 75 thPhys Compensation (owner) $158,000 19 Ranking Report – MD Owner Add Presentation Title Here using Slide Master What would cause: - low physician compensation … II. Cons . Pros • Also provides practice operational data, management and staff compensation, practice cost and revenue data • More suitable for private practice or hybrid academic-private practice. These reports will provide comparison data on physician and non-physician provider compensation and production as well as management and staff compensation to help evaluate decisions made in a medical practice.
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