Medical Economics October 25, 2024
SullivanCotter posts survey results covering salary of approximately 215,000 doctors.
Primary care physician pay is up 16.5% since 2020 – a “significantly larger” increase over other medical specialties, according to results of a new survey.
Workforce consultant SullivanCotter this month published its “2024 Physician Compensation and Productivity Survey Report,” and it appears doctors are taking home more for their work.
Total cash compensation (TCC) increased year-over-year across all major specialty categories. After significant increases in 2023, TCC has returned to historical average growth of 3.5%, according to the company.
Primary care has benefited from changes to the Medicare Physician Fee Schedule in 2021 and 2023, including the 2021 changes that boosted Medicare reimbursement for office-based evaluation and management Current Procedural...
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