Compensation for top executives of medical group practices grew 7.2% in the past year, reflecting the increasing complexity of the job, according to an annual survey by the Medical Group Management Association, Englewood, Colo. Top managers of larger groups typically earned far higher salaries than their counterparts at smaller practices. For example, CEOs of group practices with 25 physicians or less had a median salary of $118,785, compared with a median of $175,913 for CEOs of groups with 26 or more physicians. The survey covered physician-executives, senior practice administrators and general managers and for the first time included data from hospital- and system-owned practices as well as from physician-owned practices. The MGMA released the 228-page report at its annual meeting in Las Vegas. -- by Michael Romano
Medical group executives' compensation up 7.2%
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