FierceHealthcareFierceHealthITFierceHealthFinanceFierceEMRHospital ImpactFierceMobileHealthcare   FierceComplianceIT

Doctors getting signing bonuses more often

CFO, be prepared. While doctors' salaries may not be climbing quickly, it's getting more common for them to get substantial signing bonuses. A new study by Merritt Hawkins & Associates, drawing on 3,000 physician searches in 47 states, concluded that 85 percent of searches offered a bonus during the period studied.

Signing bonuses averaged $24,850 for the year ending March 31, up 46 percent from 2004-05. This is on top of income guarantees and base salaries.

Base salaries for the most commonly recruited specialties included $173,000 for family practice; $184,000 for family practice with obstetrics; $186,000 for internal medicine; $201,000 for hospitalists; and $321,000 for general surgery.

To learn more about this trend:
- read this Wall Street Journal blog item

Related Articles:
Trend: Physician recruiting affected by real estate market
Trend: Young PCPs see dozens of job offers

SHARE WITH:
Email Twitter Facebook LinkedIn StumbleUpon
Get Your FREE FierceHealthFinance Email Newsletter:
Be the first to comment

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

To combat spam, please enter the code in the image.