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Discussions of salary are popular on this site. For quite a while I’ve commented on some quotes that I thought were unrealistically high as an average. Knowing many very successful DPMS and knowing many who weren’t doing too well, I thought some of the numbers being tossed around were a bit high. Especially the MGMA.
So here are some stats that I found. One of the sources was a grid in Podiatry Management from 2016:
Bureau of Labor & Statistics
Median-119,340
Mean—-136,180
PM News Survey
Solo—--119,250
Partnership—148,150
APMA
Median—-142,500
Mean——-161,519
US News & World Report
Median——124,830
Mean———144,000
(Some numbers may be off a few dollars due to typos).
MGMA
Median——-280,714
So let’s analyze the numbers. They are “relatively” consistent until you look at the MGMA. What’s the reason the MGMA median is about $150,000 more than the other surveys? Doesn’t that seem a little odd that there would be that large of a discrepancy?
Maybe I’m missing something and don’t understand how these surveys work. In my opinion, the MGMA numbers have always seemed high and this may support my feeling.
The ONLY reasonable explanation I can come up with is this:
NaTCH wasn’t included in the APMA, PM News and US News and World Report Surveys. He WAS included in the MGMA survey which made the average skyrocket. After all, NaTCH does have the competitive advantage. How many of YOU have delivered chocolate feet to referral sources while wearing a Santa Claus suit??!!
So here are some stats that I found. One of the sources was a grid in Podiatry Management from 2016:
Bureau of Labor & Statistics
Median-119,340
Mean—-136,180
PM News Survey
Solo—--119,250
Partnership—148,150
APMA
Median—-142,500
Mean——-161,519
US News & World Report
Median——124,830
Mean———144,000
(Some numbers may be off a few dollars due to typos).
MGMA
Median——-280,714
So let’s analyze the numbers. They are “relatively” consistent until you look at the MGMA. What’s the reason the MGMA median is about $150,000 more than the other surveys? Doesn’t that seem a little odd that there would be that large of a discrepancy?
Maybe I’m missing something and don’t understand how these surveys work. In my opinion, the MGMA numbers have always seemed high and this may support my feeling.
The ONLY reasonable explanation I can come up with is this:
NaTCH wasn’t included in the APMA, PM News and US News and World Report Surveys. He WAS included in the MGMA survey which made the average skyrocket. After all, NaTCH does have the competitive advantage. How many of YOU have delivered chocolate feet to referral sources while wearing a Santa Claus suit??!!