2020 Salary and Productivity Benchmarks from Gallagher

Posted on
September 1, 2020

MD Ranger is delighted to announce the publication of Gallagher's sixth annual Physician Compensation and Production Survey.

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MD Ranger is delighted to announce the publication of Gallagher's sixth annual Physician Compensation and Production Survey.

WHAT’S NEW IN 2020

  • Physician compensation and production data on 6 new specialties, including:
  • Hematology/Oncology: Neuro
  • Neurology: Neuromuscular
  • Ophthalmology (Nonsurgical)
  • Surgery: Plastic and Reconstruction (Oculo)
  • Surgery: Transplant (Kidney)
  • Surgery: Trauma (Burn)

KEY STATISTICS

Physician Specialties. The 2020 Physician Compensation and Production Survey represents data for 148 different physician specialties, up from 145 specialties in 2019.

Number of Physicians. Data was received on 68,470 physicians, up from 56,625 physicians in 2019 (a 21% increase from 2019).

Administrative Payments. Of the survey respondents who provided a breakout of total cash compensation by component, approximately 19.7% included a separate administrative component of cash compensation. Across all specialties, the average administrative payment was approximately 12.4% of total cash compensation for those who reported a separate administrative payment.

Advanced Practice Provider (“APP”) Supervision Payments. For the survey respondents who provided a breakout of total cash compensation by component, across all specialties the average APP supervision payment earned by physicians was approximately $9,827. It is important to note that this figure does not take into account the number of APPs supervised, or the method of payment (i.e., fixed stipend, payment per Work RVU, revenue less expense, etc.).

Call Coverage Payments. Of the survey respondents who provided a breakout of total cash compensation by component, approximately 12.9% included a separate call coverage component of cash compensation. Across all specialties, the average call coverage payment was approximately 7.8% of total cash compensation for those who reported a separate call coverage payment.

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