Surveys yield data on practice overhead, compensation, and productivity.
Results of three separate surveys conducted in 1996 on group practice costs, management and physician compensation, and productivity showed surprising results. Family practice has the highest overhead of any specialty. Medical practices seem willing to pay premium rates to hire experienced managed care administrators and/or those with large medical practice experience. And even though specialty physicians' productivity is increasing faster than that of primary care physicians, the primary care physicians' pay is increasing faster.
Adams
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Medical Group Management Association, Englewood, CO, USA.
D003365:Costs and Cost Analysis; D003625:Data Collection; D004470:Economics, Medical; D005194:Family Practice / Q000191:economics; D006123:Group Practice / Q000191:economics*; D006801:Humans; D008486:Physician Executives / Q000191:economics; D010820:Physicians / Q000191:economics; D011216:Practice Management, Medical / Q000191:economics*; D012456:Salaries and Fringe Benefits / Q000706:statistics & numerical data; D013038:Specialization; D014481:United States