Every year the Medical Group Management Association ("MGMA") collects survey input from thousands of health care providers across the country resulting in their annual provider compensation data. This information is crucial for physicians looking for their first job, a new job, or in simply renegotiating their current contract. Access to the MGMA survey data allows physicians and other providers to feel comfortable in their worth when reviewing and negotiating an employment contract because this comprehensive data shows physicians where they can expect to land in terms of median total compensation amounts, and other important benchmarks.
When we review a client's employment agreement, our full analysis of the relevant MGMA data is an integral part of our process. Because this data is broken down by geographic region, employer type, and of course physician specialty, we can quickly reference the production and compensation amounts our clients can expect to reach, giving our clients an edge in the negotiation process that comes from having this important information at their finger tips.
For more information on the 2015 MGMA Physician Compensation Data, and how this important tool can help you as your enter your physician contract review and negotiation process, call Leigh Ann O'Neill at 317-989-4833, or email at loneill@lauthoneill.com.