Here is some Data that I received off a reprint of the
August 2004 Physicians Compensation Report.....
The Stern survey pay figures are significantly higher than those reported by MGMA or AMGA. The overall median pay for 2002 in the Stern survey was about $230,000. The 2002 median emergency medicine pay level for MGMA was $212,000, and for AMGA it was $202,000. (2002 is the most recent year available from the two trade groups, although both are publishing 2003 compensation data in the next month or two.) About a third of Stern's data is for ED directors, which may explain some of the difference between these benchmarks.
The Stern survey asked respondents their hourly rates, and found medians of $111 for staff physicians and $100 for ED directors. This apparent "inversion" of expected results occurs because many ED directors are paid stipends separate from their hourly pay for serving as director, Stern explains.
Emergency Department Physician Compensation, 2003 vs. 2002
National
2002
2003
Percentage change, 2002 to 2003
Staff physician
$218,500
$234,900
+7.7%
ED director
$256,500
$272,800
+6.0%
By residency and board certification
Staff physician
EM resident & board-certified
$231,800
$233,300
+0.6%
Board-certified only
$218,200
$231,000
+5.5%
No residency or certification
$209,400
$205,300
-2.0%
ED director
EM resident & board-certified
$258,400
$273,600
+5.5%
Board-certified only
$265,700
$266,700
+0.3%
No residency or certification
$218,100
$238,400
+8.5%
By region
Northeast
Staff physician
$196,100
$216,900
+9.6%
ED director
$235,300
$261,300
+10.0%
Southeast
Staff physician
$226,000
$241,100
+6.2%
ED director
$247,600
$276,800
+10.5%
North Central
Staff physician
$226,400
$235,200
+3.8%
ED director
$275,900
$266,100
-3.5%
South Central
Staff physician
$241,400
$249,500
+3.2%
ED director
$275,000
$284,100
+3.2%
West
Staff physician
$213,700
$241,000
+11.3%
ED director
$256,800
$264,000
+2.7%
SOURCE: Daniel Stern & Associates and PhysicianWork.com. See table, below, for more source information and definitions. All figures are for median total compensation rounded off to nearest hundred dollars, and reflect combined samples of employee and partner physicians with independent contractors excluded.
Emergency Department Physician Compensation Range, 2003
10th percentile
Median
90th percentile
Staff Physician
Employee, base
$134,100
$192,000
$257,500
Employee, total
$139,900
$219,000
$341,200
Partner, base
$149,000
$202,700
$293,900
Partner, total
$162,300
$250,800
$370,200
Contractor, base
$122,400
$221,200
$334,300
Contractor, total
$123,100
$237,800
$363,900
* Insufficient data.
SOURCE: Daniel Stern & Associates, (800) 438-2476 or
www.danielstern.com, and PhysicianWork.com (StaffMD, Inc.), 2004 Emergency Physician Salary & Compensation Survey. Sample size: 948 ED physicians, of which 645 are staff physicians