Forbes July 12, 2024
Physicians are working harder for more pay as patients return for care like doctor practices haven’t seen since before the Covid-19 pandemic hit in 2020.
A new report by the American Medical Group Association (AMGA) shows median primary care physician compensation eclipsed $300,000 for the first time for such doctors that included family practice, internal medicine and general pediatrics specialties. Meanwhile, the pay increases for medical and surgical specialties grew even faster than primary care.
The AMGA report reflects increased productivity of physicians in the wake of the COVID-19 pandemic, which included office shutdowns in 2020 while the virus and related fears kept patients from seeing their physicians regularly through 2022 and into 2023. President Biden ended the U.S. public...
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