MGMA Medical Directorship Compensation Survey: 2014 Report Based on 2013 Data Key Findings Summary Report
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MGMA Medical Directorship Compensation Survey: 2014 Report Based on 2013 Data Each year, MGMA surveys its members and nonmembers to obtain the most recent medical directorship compensation data. This year’s survey remains a significant benchmarking tool, representing
Survey Participation by Geographic Section
227 groups and 1,621 providers. The Data Solutions analysts reached the following results and conclusions by current-year trend analyses. These analyses provide a description on factors that influence current compensation. The median is used in the analysis, and the report reflects data submitted for the 2013 fiscal year.
Directorship Compensation Varies Widely across Specialties and Geographic Sections Primary Care physicians in the western geographic section report the highest total annualized directorship compensation at $52,000, while Primary Care compensation is the lowest in the eastern and midwest regions (both at $15,000). Surgical Specialists and Nonsurgical Specialists report the highest directorship compensation in the southern geographic region ($40,080 and $36,000, respectively).
24.23%
21.59% 33.92%
Groups
Increase in Number of Responsibilities Positively Correlates with Directorship Compensation As the number of medical directorship responsibilities increase so does the directorship compensation. Primary Care physicians report the greatest stipend increase of 59% as the number of responsibilities jump from 1-5 responsibilities to 11-15 responsibilities. Surgical Specialists report a 50% increase, while Nonsurgical Specialists report just a moderate increase of 17%.
20.26%
23.01%
26.90%
12.28%
37.82%
Physicians Responsible for Monitoring Quality of Care Report a Higher Total Annualized Directorship Compensation Surgical Specialists responsible for monitoring quality of care report a 34% increase in total annualized directorship compensation compared to their counterparts not responsible for monitoring quality of care ($38,000 vs. $24,980). Nonsurgical Specialists monitoring quality of care report $6,000 more than those Nonsurgical Specialists who do not monitor quality of care ($36,000 vs. $30,000).
Providers Eastern Midwest Southern Western
MGMA Medical Directorship Compensation Survey: 2014 Report Based on 2013 Data — Key Findings Summary Report ©MGMA. All rights reserved.
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Percentage of Medical Directorship Providers by Quality Metrics Tied to Directorship 19.54%
Length of Stay
19.70%
Re-admissions
34.11%
Satisfaction (Staff, Provider)
38.74%
Patient Safety
41.06%
Compliance
43.05%
Financial Performance
54.64%
CMS Core Measures
76.16%
Patient Satisfaction
76.16%
Quality of Care
Key Findings Surgical Specialists report a 22% increase in median total annualized directorship compensation from 2012 to 2013 Median hourly rate directorship compensation varies slightly between Primary Care physicians, Surgical Specialty physicians, and Nonsurgical Specialty physicians ($125, $175, and $150, respectively) Highest median total annualized compensation is reported in the western geographic section for Primary Care physicians
Total Annualized Compensation by Compensation Method
$38,913
$35,500 $31,500
$30,000 $25,000
$25,000
$25,000
$24,000
$21,336
$18,000
Primary Care
Surgical Subspecialist
Surgical Specialist Hourly Rate
Nonsurgical Specialist
Nonsurgical Subspecialist
Monthly Stipend
MGMA Medical Directorship Compensation Survey: 2014 Report Based on 2013 Data — Key Findings Summary Report ©MGMA. All rights reserved.
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Hours Spent on Directorship Duties per Week by Quality Metrics Tied to Directorship
*
9.0 5.0 Primary Care
Key Findings Primary Care physicians spend 2.5 more hours per week on directorship duties than Surgical Specialists Nonsurgical Subspecialists responsible for research spend 4.5 more hours per week on directorship duties than those not responsible for research
3.8
Surgical Specialist
5.9 4.0
6.0 5.0
Surgical Subspecialist
Nonsurgical Specialist
Quality Metrics Tied to Directorship
Physicians compensated at an hourly rate for directorship duties earn more total annualized compensation than their counterparts who are compensated monthly
8.0 6.0 Nonsurgical Subspecialist
Quality Metrics Not Tied to Directorship
* Insufficient participation data ** From 2014 MGMA Medical Directorship Compensation DataDive Module
Number of Responsibilities by Physician Classification 14.75%
Primary Care
38.71%
8.62% 15.52%
15.67% 25.86% 30.88%
14.73%
Surgical Specialist
25.58%
Surgical Subspecialist
50.00%
26.06%
20.77%
Nonsurgical Specialist
30.63%
22.54%
20.35%
13.18%
6.19%
Nonsurgical Subspecialist 34.51%
46.51%
1 to 5 Responsibilities 6 to 10 Responsibilities 11 to 15 Responsibilities 16 or More Responsibilities
38.94%
MGMA Medical Directorship Compensation Survey: 2014 Report Based on 2013 Data — Key Findings Summary Report ©MGMA. All rights reserved.
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