Do you have to have to pay for a MGMA membership to see physician compensation surveys?
Do you have to have to pay for a MGMA membership to see physician compensation surveys?
No, most of it is readily available data
1) AMGA and MGMA are not the same thingI googled "physician salaries mgma" and found many sites listing the data, such as http://www.cejkasearch.com/compensation/amga_physician_compensation_survey.htm
Here is a salary survey of academic physicians done by the AAMC in 2004. The salary amounts include total compensation so that means all fringes, retirement, malpractice, paid time off, etc. Some highlights:
PM&RMean Salaries
Chair $204.2K
Professor $164.9K
Assoc. Prof. $149.4K
Asst. Prof. $162.9K
Instructor $154.6K
NeurologyMean Salaries
Chair $261.0K
Professor $183.1K
Assoc. Prof. $154.4K
Asst. Prof. $130.6K
Instructor $ 83.3K
AnesthesiologyMean Salaries
Chair $343.5K
Professor $280.6K
Assoc. Prof. $236 4K
Asst. Prof. $260.5K
Instructor $279.2K
Orthopaedic SurgeryMean Salaries
Chair $350.5K
Professor $295.2K
Assoc. Prof. $242.1K
Asst. Prof. $242.7K
Instructor $164.4K
Source: Association of American Medical Colleges Data 2002-2003
Faculty with an M.D. or Equivalent Degree Receiving a Single, Fixed Salary
There are combined programs. MCW had one, not sure if they still do.
Peds PM&R should be on par with regular inpt PM&R, depending on locale. Here in Illinois, e.g. most kids are on public aid, thanks to our former governor/convict. So anyone doing peds here is making squat.
PM&R competitiveness varies by program. Many threads here on that. Small supply of programs balanced by even smaller supply of American grads going in to it.
That is good for the field. Over saturation is not good for business. But then again medicine doesnt really adhere to the laws of supply and demand. No one did end up answering the question of whether or not PM&R pain and anesthesia pain are compensated similarly.
That is good for the field. Over saturation is not good for business. But then again medicine doesnt really adhere to the laws of supply and demand. No one did end up answering the question of whether or not PM&R pain and anesthesia pain are compensated similarly.
I know that money on the outpatient side can vary a lot based on what types of procedures you do and so forth.
But, I was told on the inpatient side that a good estimate for salary is $10,000 a year per bed. Does this number seem logical or not. One of the docs I worked with only does inpatient in the morning (but is always on call); and he covered a 17 bed unit. so $170,000 for working 5 half days a year seems a bit off to me.
what do you think/know from your experience?
I know that money on the outpatient side can vary a lot based on what types of procedures you do and so forth.
But, I was told on the inpatient side that a good estimate for salary is $10,000 a year per bed. Does this number seem logical or not. One of the docs I worked with only does inpatient in the morning (but is always on call); and he covered a 17 bed unit. so $170,000 for working 5 half days a year seems a bit off to me.
what do you think/know from your experience?
How do you do inpatient for only half a day? I don't see how that's viable, unless you have residents or a PA.
It takes all morning to write notes on 15 patients. They're now medically more complicated than they used to be 20 years ago, when they were probably all ortho cases (now there will be few, if any ortho cases). You can also count on one admission and one discharge each day. These take a very long time in PM&R.
That's why I don't trust these "inpatient/outpatient" job listings.
How do you do inpatient for only half a day? I don't see how that's viable, unless you have residents or a PA.
It takes all morning to write notes on 15 patients. They're now medically more complicated than they used to be 20 years ago, when they were probably all ortho cases (now there will be few, if any ortho cases). You can also count on one admission and one discharge each day. These take a very long time in PM&R.
That's why I don't trust these "inpatient/outpatient" job listings.
So when it comes to pain and pain training do anesthesia docs and pmr docs get the same training in fellowship? Is there any procedures that PMR docs are not trained in because they may lack certain skills learned during an anesthesia residency? Or maybe they have done enough of certain procedures during fellowship but realistically will not do them in private practice because their skills may not be as good as anesthesiologist? Are there any procedures that you guys (PMR docs) that may not be inclined to do that your anesthesiologist pain colleagues may do?
Or do you both fields finish fellowships with for all intents and purposes with identical pain skills that can be applied realistically in PP?
Is "irregardless" a word commonly used in pain medicine?
I'm an MS4 who is very interested in the field of PM&R and all it has to offer (great patient interaction, a mix of neurology/anatomy, procedures, + most PM&R residents seem to be genuinely be satisfied with their role in patient care).
However, I'm wondering with the recent reimbursement cuts for EMGs and NCVs that I've heard of, how is this affecting salaries for PM&R? It seems that as such a versatile field, there would be plenty of other ways to make money if you want to?
Also, how does the job market seem to be trending for PM&R?
I know that these shouldn't be the main concerns...and they def aren't deciding factors, but I think all med students worry about these things since we just really don't get any experience/info on these matters.
Thanks in advance!
Any numbers on Sports Med?
I'm debating Sports Med vs outpatient MSK. I love Sports Med but I'm not dead set on collegiate and professional Sports Med. Trying to determine if I can achieve my career goals with only a Mayo trained outpatient training.
Thanks.
Hey guys,
I was looking at the MGMA salary data published in 2015 (based on 2014 data). They state the mean salary for PM&R 1-2 years out of residency is
$231,556. Can any new graduates comment on how accurate this is?
I know salary depends a lot on location, practice set up, etc. etc. but just trying to gauge if the numbers are somewhat accurate.
What is the catch with jobs like these on doccafe?
https://www.doccafe.com/jobs/physic...50-400k-part-time-available-also-no-call.html
I ask because i've been shadowing a pmr and he has never mentioned jobs this well compensated.
PM me if more comfortable. I'll delete if this is an inappropriate question. Thanks.
Why would you think that? I know PM&R pain docs in ligit private practice making double that. Also if you work for Healthsouth you can make about the same. It will be hard to make that much in highly desirable locations and if you are doing academic medicine.Probably Medicare fraud.
What is the typical annual increase in salary for PM&R physicians. Average annual Inflation is roughly 3.2%. I would also expect some level of productivity bonus.
If a PM&R resident getting out is making $205,000 starting...should we anticipate about a 4% increase in incoming annually until retirement, or is it difficult to beat inflation? Thanks
Yikes..only 200k to start? Is this common for most PMR grads? Is it feasible for a new grad to push starting salary to 300 with some combination of work?
Looking at the MGMA compensation chart from 2015...10th percentile for the South region is about $170,000. 25th percentile is about $218,000. The median salary was $282,000.
Salary.com for the South is in the same ballpark. 25th percentile is $194,000 (not including bonuses), and 50th percentile is $215,000 (not including bonuses).
Speaking to my PD...it’s been over a decade since a graduate has received less than $200,000 starting. So, I’d guess those in the 10th percentile are in a very subgroup of PM&R docs (those working less than full-time, academic physiatrists, and those who got the shaft by demanding to work in a place saturated with PM&R docs such as Chicago or NYC).
So when I build a budget for the next 5-10 years to determine how much house I can afford and what type of school my kids will go to...I’m using $205,000 as a realistic conservative starting salary. If I end up making more...great. I’m more interested in how to expect my salary to change in time. How much can you expect your salary to increase over your starting salary and over what rate? Do yearly salary increases historically beat inflation? This is pretty important when building a budget.
There are a number of places that do unfortunately still offer sub 200k to start ( I don't think anyone should take that low of a salary)- but as you mention Chicago has starting salaries of sub 200k, as well as places like NY, CT, etc. Your question is a difficult one to answer - so if you are a partner in a practice you will eat what you kill - you work more you make more. If you are an employee somewhere you will get standard cost of living increases - so a few grand extra each year.
Average salary in the field is creeping up, fwiw, but that is just that, an average. It depends on what you do. In 2012 EMG took a big hit. Your best bet is to work hard and be more efficient after getting a contract that incentivizes your efforts, then you control your own destiny.
I thought I had an ok contract to start, but with a reasonable rvu in an 'eat what you kill' model, I got a 50 percent raise my first 2 years. Your incentives are more important than starting salary by a long shot. If you get a great starting salary and don't earn it in your first 2 years, you will be in a bad spot!
I think I have a pretty good grip on what to expect for an average salary, but I know there are many different practice types in PM&R that change what you can expect to make.
What do you think the salary would be for a PM&R doc who was the medical director for the rehab unit of a moderate-sized hospital?