Most medical directors receive average annual compensation of around $57,000 for duties such as developing policies and procedures, attending meetings, conducting clinical peer review, and assisting with community relations and strategic development, according to a new, not-available-online report released by the Medical Group Management Association.
MGMA details med-director pay
The report, Medical Directorship and On-Call Compensation Survey: 2011 Report Based on 2010 Data, is based on responses from 255 medical organizations and includes data collected in October on 1,529 director positions.
Most directors spent four to six hours a week on tasks related to their position, though neonatal pediatrics directors reported spending 45.2 hours on director duties while gastroenterology directors spent only 4.8 hours on such tasks on average, according to the report.
Compensation varied widely by specialty and practice ownership, with radiation oncology directors averaging $258,000. Among nonsurgical specialists, directors in hospital-owned practices averaged $72,640 in compensation, while those in nonhospital-owned practices received $90,094 on average.
Most directors received annual stipends, although some were paid monthly and others billed at an hourly rate. Neurology directors had an average hourly rate of $274; hospitalist directors averaged $97 an hour.
"With expanding emphasis on clinical quality and safety, the demands placed upon medical directors will continue to increase,” said Todd Evenson, assistant director of surveys at the Englewood, Colo.-based MGMA, in a news release. "As physician practices begin to examine participation in new care-delivery models, the medical director's leadership will be pivotal in aligning clinical teams with the organization's objectives."
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