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Ms Zimlich is a freelance writer in Cleveland, Ohio. She writes regularly for Contemporary Pediatrics, Managed Healthcare Executive, and Medical Economics.
Practice administrators working in smaller practices saw their incomes increase in 2011, but managers of larger practices experienced a decrease, according to the Medical Group Management Association.
Practice administrators working in smaller practices (employing seven to 25 full-time physicians) are making more than they did in 2010 compared with administrators in larger practices.
According to its newest Management Compensation Survey: 2012 Report Based on 2011 Data, the Medical Group Management Association (MGMA) says administrators in smaller practices reported median compensation of $120,486-an increase of 4.8% over 2010. Administrators in larger practices, with more than 26 full-time physicians, reported their median earnings fell by 2.8%, according to the report.
The MGMA says that members affiliated with MGMA-American College of Medical Practice Executives (ACMPE) reported greater compensation levels overall, perhaps due to networking benefits and the assumption that their members have made a commitments to “life-long learning through professional affiliations and credential programs.”
The organization has prepared a full report of administrator compensation, along with 57 other positions, for sale.
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