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Find out how your income, bonus structure, overhead, and work hours compare to that of your peers.
Health reform is supposed to emphasize healthcare quality when it comes to physician income, as a counterweight against patient volume. But while physicians wait for that concept to manifest in actual payment-model changes, volume continues to be a crucial factor in your compensation, as it is the most logical reaction to decreasing reimbursement and increasing overhead. Within these slides find data on how physicians are faring right now, culled from our survey of more than 1,700 doctors in every specialty. Once you’ve seen the data, don't forget to check out our article for further guidance on how to cope with shifting reimbursement while maintaining your own income in the meantime.
While most reported that their income stayed steady or got better in 2011 than 2010, twenty-five percent saw their compensation drop more than 10 percent.
A majority of OB-GYns consider their income disappointing.
Seventy-six percent of physicians said the recession had a negative impact on their income. That might be why so many OB-GYNs are interested in joining an ACO or finding some other form of partnership.
Nearly a third of OB-GYNs work more than 61 hours a week.