MGMA: Quality Measures a Small, Yet Emerging Component of Physician Compensation
June 12—Three percent of primary care physicians’ total compensation was based upon measures of quality in 2012, while 2 percent of total compensation for physician specialists was tied to quality metrics last year, according to a Medical Group Management Association (MGMA) survey.
The MGMA anticipates that physician compensation will increasingly be tied to these metrics as payment aligns more closely with quality and cost measures, according to a report based on the survey, Physician Compensation and Production Survey: 2013 Report Based on 2012 Data.
Physicians responding to the MGMA survey reported that patient satisfaction played a small role in their compensation, likely a result of the industry’s shift toward patient-centered care.
The report also indicated that median compensation for physicians fluctuated by specialty. Primary care physicians reported $216,462 in median compensation, and specialists reported $388,199 in median compensation (with both figures adjusted for inflation).
Publication Date: Wednesday, June 12, 2013