Physicians in academic healthcare practices reported receiving higher compensation when the majority of their time was spent seeing patients as opposed to conducting research, according to the findings of a new survey.
General internists saw their pay increase by 4% from a median annual income of $173,000 in 2012 to more than $180,000 in 2013 when billable clinical work made up more than two-thirds of their time, according to an analysis by the Medical Group Management Association, an industry organization representing more than 33,000 medical practice administrators and executives. Pediatricians also saw a rise in their median annual compensation in 2013 when billable clinical work made up more than two-thirds of their time, increasing by 7% from $146,000 in 2012 to more than $156,000.