Compensation climbed for physicians year-over-year, due to increases in productivity and the use of AI, according to a new MGMA report. Physicians are being pushed toward higher productivity than during the COVID-19 pandemic rebound years of 2021 and 2022, as providers continue to recover from economic and staffing challenges, the report said. Primary care, surgical specialty and nonsurgical specialty physicians in independent practices all reported higher median work relative value units (work RVUs) in 2023 versus 2022. In hospital-owned practices, median work RVUs were up in 2023 for primary care and surgical specialty physicians and for advanced practice providers.
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Source: https://www.healthcarefinancenews.com/news/physicians-compensation-and-productivity-are-increasing