MGMA: Compensation for Medical Practice Administrators 'Static'
"The generally static compensation of practice management professionals reflects the difficult economic environment faced by medical practices," MGMA President/CEO William F. Jessee, MD, said in a media release detailing the report. "Flat or declining revenues in the face of continuing increases in operating costs are forcing many practices to sell or close. For those that are able to survive, compensation levels are generally flat or declining."
MGMA's Management Compensation Survey: 2011 Report Based on 2010 Data includes data on 7,240 managers in 1,287 medical practices.
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John Commins is a senior editor with HealthLeaders Media.
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