Physician Executive Compensation Survey
The eighth biennial survey of ACPE members identifies key trends and factors driving today's physician executive compensation and serves as an essential reference resource for physician executives and healthcare organizations developing leadership roles for physicians.
Top Findings Include:
Executive compensation in health care is not immune to the pressures felt across all sectors of the economy. The two-year rate of increase in total compensation – at 5.9% – is well below the 11.6% increase reported in 2009 and the lowest since the 2001 survey reported 5.0% increase. Higher-ranking physician executives experienced a greater reduction in the rate of growth in total compensation than those in other roles.
Chief Executive Officers (CEOs) reported their lowest two-year increase since 2001:
- 4.2% two-year increase compared with a 13.0% two-year increase in 2009
Chief Medical Officers (CMOs) were impacted to a slightly lesser degree, reporting:
- 5.7% two-year increase in 2011 compared with an 11.2% two-year increase in 2009
Medical Directors fared better than average, reporting:
- 7.6% two-year increase, an improvement compared with 4.9% two-year increase in 2009
Among selected titles:
- All show a positive difference in the median compensation for those with an MBA.
- Chief Medical Officer is the only title that reports a double-digit difference in compensation with an MBA (14%) or MMM (16%).
- Medical Directors follow CMOs in the positive difference (9%) in earning power with either an MBA or MMM.
Save the Date for Interactive Panel Discussion
ACPE 2011 Fall Institute
November 8th, 2011
4:45 p.m.
Westin-Kierland Resort
Scottsdale, Arizona
Paul Esselman, will facilitate an interactive panel presentation of key findings and insights from the 2011 Physician Executive Compensation Survey. Participants will engage with a panel of physician executives who will discuss the survey findings as they pertain to their organization's objectives and strategic planning.
About the American College of Physician Executives
The American College of Physician Executives (ACPE), located in Tampa, Florida, is the leading national professional association representing physicians in management and with a membership of over 10,000 including some of the nation's top healthcare leaders. The American College of Physician Executives is the AMA-recognized specialty society representing physicians in healthcare leadership. For nearly 30 years, physicians nationwide have chosen ACPE's innovative educational and career development programs to build the knowledge and skills they need to shape the future of health care.
About Cejka Search
Cejka Search is a nationally recognized healthcare executive and physician search organization providing services exclusively to the health care industry for more than 30 years. Partnering with our client organizations to identify and present only the best talent, Cejka Search completes assignments across all levels of the health care continuum and is a market leader in providing flexible, innovative search and recruitment services. Cejka Search is a Cross Country Healthcare, Inc. (Nasdaq: CCRN) company, a diversified leader in healthcare staffing services.
For more information, contact Mary Barber, Cejka Search, at mbarber@cejkasearch.com or 314-236-4410.