Dive Brief:
- A survey of 2,364 physicians has found that their compensation grew an average of 7% between 2010 and 2012.
- The survey, which was conducted by Cejka Executive Search and the American College of Physician Executives, reported median compensation of $325,000 across 19 titles and 26 organization types.
- Chief executive officers saw a 4% growth rate over the past two years, the smallest increase within the C-suite.
Dive Insight:
As the researchers noted, slowed growth in physician executive salaries isn't so surprising given the challenging economy and uncertainties in the healthcare industry. Still, physician executives are seeing increased demand for their services, so it seems likely that growth rates in compensation will remain healthy going forward. Also, if they pick up an MBA, physician execs are likely to be happy with the results.