Decline in Physician Salaries

[malpractitioner]

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The 2009 adjustments for inflation are inserted in the first image. The data is from a 1992 article linked below. There's been about a 15% decline in physician salaries over the past 20 years. Do you think this will continue?

Source: http://content.healthaffairs.org/cgi/reprint/11/1/181.pdf

 

[MOHS_01]

1. Yes.
2. And it will accelerate.
3. What possible evidence is there to the contrary?
4. Does this not only consider 1/2 of any economic equation? With the other half being, "compared to what"? Let us compare this to the real wages of other working professionals, median household income, and the relative ranking of physician as a percentile over time and then we'll have a more complete picture.

(Here's a hint -- we've been slipping for a couple of decades at least.)

 

[bronx43]

1. Yes.
2. And it will accelerate.
3. What possible evidence is there to the contrary?
4. Does this not only consider 1/2 of any economic equation? With the other half being, "compared to what"? Let us compare this to the real wages of other working professionals, median household income, and the relative ranking of physician as a percentile over time and then we'll have a more complete picture.

(Here's a hint -- we've been slipping for a couple of decades at least.)

Also, let's not forget the number of hours worked to maintain current salaries. The reimbursement rate is the real teller for how physician compensation has changed over the decades.

 

[MOHS_01]

Also, let's not forget the number of hours worked to maintain current salaries. The reimbursement rate is the real teller for how physician compensation has changed over the decades.

...and the margins, RVU's rendered (since 1992), patient visits, etc -- all of which will contribute rather negatively for the physician side of the equation.