Physician Compensation


Discovery Resource # ST-03
Resource Topic: Physician Compensation
Planning Tools: Survival Tool
Career Phase: Learn
Description: Analyzing compensation by each factor
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Description:
There are a variety of compensation packages available in the healthcare industry today. Just as you reviewed in our job transitions chapter, this is not a “one size fits all” process. Understanding the types of compensation packages and their fundamental differences is key to ensuring your ability to determine which offer is in your best interest.
Objectives:
  • Learn how employers determine compensation packages.
  • Generate questions to ask the employer before making a decision.
  • Understand how compensation is impacted by geographic location, demographic classification, practice type, practice ownership, and medical specialty.
  • Learn how compensation methods impact a physician’s financial bottom line.
  • Differentiate between various production-based models.
Author:
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