Advisory Board September 26, 2024
According to a report from the American Medical Group Association (AMGA), physician compensation in several specialties increased in 2023, likely due to an increase in productivity.
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Physician compensation, productivity increases
For the report, AMGA surveyed data from 459 medical groups, which include more than 189,000 providers from 197 physician, advanced practice clinician, and other provider specialties.
In 2024, the median change in overall compensation was 5.3%, up from 3.5% in 2023 and 3.7% in 2022. Radiology, anesthesiology, and pathology saw the biggest increases in median compensation in 2024 at 5.8%, while primary care saw the lowest increase at 3.6%.
The report also looked at compensation increases for the top...
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