The pay gap between primary care physicians (PCP) and their specialist counterparts continues to close, thanks in part to the healthcare industry's shift toward value-based care, according to a new report from the Medical Group Management Association (MGMA).
PCP compensation rose nearly 3.6 percent last year to an average of $241,273, according to MGMA's 2015 Physician Compensation and Production Report. Meanwhile, specialist pay rose just 2.4 percent, although their total pay outpaces PCPs' at $411,273.
Story Date:
July 14, 2015
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