35% of physicians see increase in compensation tied to quality

By Patsy Newitt for Becker’s Hospital Review The trend toward value-based care models in recent years has been followed by a push for quality performance metrics. The Medical Group Management Association recently released a report titled “Patient Access and Value-based Outcomes Amid the Great Attrition.” It outlines how many physicians and medical groups have seen…

Read More

Physician pay is climbing after early-pandemic slump

By Susan Kelly for Healthcare Dive Dive Brief: Doctors’ incomes are on the rise again, after stagnating and in many cases declining when practices closed and patients stayed home at the start of the COVID-19 pandemic, according to a new physician compensation report from Medscape. Pay increases by specialty ranged from 13% for otolaryngology to 1% for…

Read More

9 physician billionaires on Forbes’ 2022 list

By Laura Dydra for Becker’s Hospital Review Nine U.S. physicians appeared on Forbes‘ 36th annual list of the world’s richest people. The list featured 33 U.S.-based billionaire entrepreneurs, heirs, inventors and leaders in healthcare, and 2,668 billionaires all together. Below is the list of U.S. physician billionaires and their 2022 net worth. Thomas Frist Jr., MD. Co-founder of HCA Healthcare…

Read More

Physicians spending nearly 2 hours a day on EHR tasks outside work

By Katie Adams for Becker’s Hospital Review U.S. physicians who use EHRs spend an average of 1.84 hours a day completing documentation outside work hours, according to research published March 28 in JAMA Internal Medicine. The researchers analyzed responses to the 2019 National Electronic Health Records survey to learn more about the documentation burden being…

Read More

22% of physicians considering early retirement amid COVID-19: 4 stats to know

By Patsy Newitt for Becker’s Hospital Review COVID-19 caused a slight increase in physician retirement, but nearly three-quarters of physicians reporting being overworked, according to Doximity’s “2021 Physician Compensation Report” released Dec. 16. Here are four stats to know: Twenty-two percent of physicians are considering early retirement because of overwork. Sixteen percent of physicians are…

Read More