Medical Economics October 28, 2024
Key Takeaways
- Physician compensation is expected to grow by 3.5% in 2023, reaching historical average growth rates.
- SullivanCotter’s survey is a comprehensive analysis of physician compensation, covering 14 specialties and their compensation trends.
- Post-pandemic workforce expectations emphasize sustainable work-life balance, with reduced call expectations and increased paid time off.
- There is a growing preference for compensation plans with a higher proportion of fixed compensation and less at-risk compensation.
SullivanCotter data show doctors’ pay is back to historical average growth.
Physician compensation gained in 2023 to rise to historical average growth of 3.5%, according to SullivanCotter’s “2024 Physician Compensation and Productivity Survey Report.”
The workplace consultant said its poll, now more than 30 years old, is the largest and...