Hospitalists saw increases in median compensation in 2010, though compensation varied based on whether they had an adult or pediatric practice and how much of their base salary accounted for their total pay, according to State of Hospital Medicine: 2011 Report Based on 2010 Data, a report from the Medical Group Management Association and the Society of Hospital Medicine.
MGMA: Hospitalists see pay bump in 2010
The report, which is based on survey information from 4,633 hospitalists in 412 groups and 726 academic hospitalists in 68 academic medicine practices, found that hospitalists in adult medicine saw their compensation increase 2.6% to $220,619 from $215,000. Pediatric hospitalists' pay rose 7.2% to $171,617.
It also appears that, in general, pay was higher for adult hospitalists whose base salary accounted for a lower percentage of their total compensation. For hospitalists whose salary accounted for 100% of their compensation, median pay was $205,003. Median pay was $249,250 for those whose salary constituted 51% to 70% of total compensation. Those who earned half or less of their compensation through salary had a median compensation of $288,154.
"The compensation methodology is still evolving, which provides increased potential for hospitalists to negotiate from a straight base salary to base salary-plus-incentive program based on production and quality metrics," said Jeffrey Milburn of the MGMA Health Care Consulting Group in an MGMA news release.
In Modern Healthcare's annual survey of physician compensation, the average pay for hospitalists decreased 0.6% to $217,390 in 2010 from $218,739 in 2009. Of the 23 specialties tracked in Modern Healthcare's annual survey, only two saw decreases last year: hospitalists and pathologists.
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.