compensation

[dr.smurf]

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do any of you out there see an increase in fp compensation? its no secret that fp residency slots are decreasing and the trend is towards specialty. i know its gone up some over the last few yrs. just curious?

 

[deleted6669]

doubt it unless you are talking about doing lots of procedures. in my area(pacific nw) the fp avg salary has actually decreased over the past few years due to a glut of new residency grads who want to stay in the area. 90-110k is the starting range here for a new grad who isn't a partner and 140 or so after partnership unless you do ob, sigs, vasectomies, etc.

 

[lowbudget]

It'll probably increase just to keep up with the rate at which medical expenses increase. Nothing out of the ordinary. Remember, FP provides the same services that a specialist who teams up with a midlevel can provide. Not really much of a monopoly to be commanding prices.

 

[Kalel]

Originally posted by lowbudget
It'll probably increase just to keep up with the rate at which medical expenses increase. Nothing out of the ordinary. Remember, FP provides the same services that a specialist who teams up with a midlevel can provide. Not really much of a monopoly to be commanding prices.

Yes, but compared to all the other specialties out there, FP's have poor bargaining power. If a FP doesn't want to accept an insurance co's rate of reimburesement, there are always tons of IM's, peds, and other FP's in the area who will. This is very different then dermatology, where if you are the only one/group in town and there are multiple insurance co's there, you can tell certain insurance co's to take their rate and shove it.