Sometimes having no end of job prospects, more than one in four new doctors regret going into medicine by their graduation, according to a recruitment firm survey.
Recruiters Merritt, Hawkins asked new doctors if they would study medicine if they had it all to do over again, and 28% said they would select another field, up from 18% in a similar survey in 2008.
Still, the newly minted physicians have plenty to do while they mull other options. About 78% of newly minted physicians received at least 50 job solicitations during their training, and 47% received 100 or more contacts from recruiters.
Despite the heavy rotation of recruiters, residents Read more »
*This blog post was originally published at ACP Internist*
Primary care physicians are getting paid more, two surveys agree, while hospital employment is rising.
Internists earned $205,379 in median compensation in 2010, an increase of 4.21% over the previous year, reported the Medical Group Management Association’s (MGMA’s) Physician Compensation and Production Survey: 2011 Report Based on 2010 Data. Family practitioners (without obstetrics) reported median compensation of $189,402. Pediatric/adolescent medicine physicians earned $192,148 in median compensation, an increase of 0.39% since 2009.
Among specialists, anesthesiologists reported decreased compensation, as did gastroenterologists and radiologists. Psychiatrists, dermatologists, neurologists and general surgeons reported an increase in median compensation since 2009.
Regional data reveals primary and specialty physicians in the South reported the highest earnings at $216,170 and $404,000 respectively. Primary and specialty-care physicians in the Eastern section reported the lowest median compensation at $194,409 and $305,575. This year’s report provides data on nearly 60,000 providers.
Recruiting firm Merritt Hawkins reported that general internal medicine was one of its top two most requested searches for the sixth consecutive year. Family physicians were the firm’s most requested type of doctor, followed by internists, hospitalists, psychiatrists, and orthopedic surgeons.
Average compensation for internists Read more »
*This blog post was originally published at ACP Hospitalist*