MGMA Data by Michael Gorback MD

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From Forbes magazine:

Primary care physician pay rose slightly to more than $232,000 while specialists’ compensation rose to more than $402,000 as insurers paid them based more on quality of care provided rather than volume.

The latest data from the Medical Group Management Association, the largest organization of doctor practices in the U.S., said median compensation rose to $232,989 in 2013 for primary care doctors while a similarly slight increase for specialists to $402,233. By comparison, MGMA’s 2013 report showed median primary care compensation in 2012 at $220,942 and specialist pay at $396,233.

Though doctors are still operating largely in a fee-for-service environment, that is rapidly changing as insurers , employers and government health programs under the Affordable Care Act move doctor compensation away from a traditional system that rewards providers with fees no matter the outcome to rewards based on quality, transparency and accountability.

MGMA said primary care doctors who “indicated they were not part of an accountable care organization or a patient-centered medical home” reported an average of 5.96 percent of their compensation in 2012 was based on quality measures. Meanwhile, specialists reported that 5.7 percent of their compensation was based on quality metrics.

What is the color of the sky on that planet?  The FP’s I know are barely keeping their heads above water. I’m making half what I used to.

(Editor’s Note:  I agree.  Even worse is reading the “administralian” speak:  quality, transparency and accountability).

Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  3 comments for “MGMA Data by Michael Gorback MD

  1. July 8, 2014 at 7:18 am

    I wonder if this is using the data from the Next Big Thing – contract employment of physicians. There’s a huge difference between contract bottom-line reimbursement, and gross salary take-home pay. If you’re quoting a figure before the unemployment, FICA, benefits, etc., you can generate some awfully big numbers.

  2. politovski
    July 7, 2014 at 5:15 pm

    who the hell is making >$200,000 working 5 days a week in the office? i don’t know anyone who is making that. where are these average primary care docs? i think that they are including the IM specialty physician salaries in that and using surgeon salaries for specialists. this seems to be grossly over estimated. or perhaps this is what administrators perceive that we are paid…

  3. Pat
    July 7, 2014 at 10:45 am

    Is this some sort of weird recruiting attempt? Or maybe that primary care average is gross, before overhead … it’s certainly before spending between $50 – 250 k for a mandated EMR. I can hear ’em laughing all the way to the next ICD update conference, hahahahaha, suckers…

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