Of the 23 specialties tracked in Modern Healthcare's 21st Annual Physician Compensation Survey, average compensation went up for 12 and down for 11. But with a few exceptions, most could be seen as statistically insignificant. For example, hospitalists and orthopedic surgeons saw increases in average compensation, but those increases were 0.09% and 0.02%, respectively.
Insurance company policies are offsetting what one would expect with a limited supply of physicians and the reform law creating new demand for their services, said Gerard Anderson, a health policy expert with the Johns Hopkins Bloomberg School of Public Health.
In this environment, however, insurance companies have sought to save money by narrowing their provider network, and doctors are lowering compensation demands to keep from being dropped.
“Physicians are swallowing hard to stay in the network and to stay busy,” Anderson said.