AAFP, MGMA Collaborate to Halt Misuse of Survey DataOccupational Employment Statistics Wage estimates for occupations including the major groupings of Healthcare Practitioners and Technical Occupations and Healthcare Support Occupations. Physician characteristics and distribution in the U. Annual publication contains statistical data about physicians including trends, characteristics and distribution. Call Number: RA Latest edition at Main Library reference desk. Physician socioeconomic characteristics Presents information from the AMA socioeconomic monitoring system. Much of the data is subscription based and therefore not accessible, but some reports are available freely online.
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While many believe that MGMA is one of the most comprehensive salary surveys, relying on only one salary survey may create regulatory compliance issues. Additionally, dependence upon a single survey and the reported data within it can result in significantly different conclusions regarding physician compensation. First and foremost, regulatory guidance encourages healthcare organizations to use numerous salary survey sources when determining FMV compensation. Specifically, with respect to FMV determination, the Phase III rule of the Stark Law states that reference to multiple, objective, independently published salary surveys remains a prudent practice for evaluating fair market value. Organizations may also make less-than-optimal compensation decisions when relying on only one salary survey.
American humorist Evan Esar once called statistics "the only science that enables different experts using the same figures to draw different conclusions. There may have been more than a touch of wisdom in Esar's comment given the AAFP's ongoing efforts to ensure that family physicians are not financially harmed by the misuse of data by some employers when creating physician compensation packages. According to the statement, MGMA survey data have been used "for more than 35 years as a benchmark for compensation and production" in practices of various sizes and types across the country. In doing so, we clearly state that the information presented is for the purpose of informing members and nonmembers alike," says the statement. He told AAFP News that MGMA reports typically include data from more than 60, providers in specialties including more than 7, family physicians, and represent the largest sample of physician compensation data available in the United States. For decades, "MGMA surveys have been recognized as the definitive source of compensation and productivity data by providers and organizations alike," said Evenson.
This year s survey remains a significant benchmarking tool for academic practices, representing groups, 20, providers, and 1, managers. The Data Solutions analysts reached the following results and conclusions by historical and current-year trend analyses. These report highlights provide a description on how compensation may change throughout time, as well as factors that influence current compensation. The median is used in the analysis, and the report reflects data submitted for the fiscal year. In this same year, Physician Assistants report the opposite trend: lowest median total compensation in the eastern section and second highest compensation in the south. All rights reserved. We ve created a tiered participation benefit structure to ensure we reward you for the time.