The Latest Data on Physician Starting Salaries

Hiring a new physician is an important and expensive proposition for ophthalmology practices. Practices should have hard data on starting base salaries, benefits and restrictive covenants for employed physicians in order to be competitive without going overboard. The Health Care Group, Inc. conducts an annual Physician Starting Salary Survey containing such information as new doctor employment arrangements in ophthalmology and other medical practices. The 2005 Physician Starting Salary Survey is now available free of charge online at http://www.healthcaregroup.com. Below are selected examples of first-year base salary, benefits, malpractice insurance and restrictive covenant information for ophthalmologists drawn from the 2005 Physician Starting Salary Survey. OM
 

About this data: The selected statistics in this installment of Stat Tracker were drawn from the 2005 Physician Starting Salary Survey, which is a cooperative effort. Participating healthcare advisors, consultants and practices submit reports and The Health Care Group, Inc. (Plymouth Meeting, Pa.) tabulates the results. All summary statistics are based on responses to the Physician Starting Salary Survey during the period January 2002 through September 2005. The complete 2005 Physician Starting Salary Survey is available free of charge online at http://www.healthcaregroup.com and reports data for the second and third years of employment, as well as additional data about incentive arrangements, other benefits, on call responsibilities and co-owner arrangements. For more information about the survey, go to http://www.healthcaregroup.com or call Mark E. Kropiewnicki, J.D., LL.M at (800) 473-0032.