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Academic practice faculty's income increases
Median compensation for primary care physician faculty at academic practices in 2010 increased 3.47% since 2009, according to results of an MGMA survey.
Median compensation for primary care physician faculty at academic practices was $163,704 in 2010 (an increase of 3.47% since 2009), and median compensation for specialty care faculty was $241,959 (an increase of 2.70% since 2009), according the results of a survey by the Medical Group Management Association.
The survey results,"Academic Practice Compensation and Production Survey for Faculty and Management: 2011 Report Based on 2010 Data," found that annual compensation for internal medicine primary care faculty physicians increased by 6.84% since 2009 and increased 4.46% between 2008 and 2009. Pediatric faculty reported annual compensation of $145,000, a 2.21% increase since 2009.
