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As financial motivators shift, doctors disappointed with pay

For the third year in a row, a majority of doctors are disappointed with their pay, according to a survey by Norwalk’s Physician’s Practice.

The survey of 1,474 physicians and staff found that patient volume remains the dominant factor in compensation, but that one-third of doctors have some of their pay tied to quality and cost of care, largely the a result of health care reform measures.

More than one-third of doctors have increased the number of patients they see each day and one-quarter have added new services or taken on outside work. Nearly 26 percent said they may look to partner or affiliate with a larger organization in the next five years, while 11 percent said they expect to retire, and five percent said they expect to close their doors.

“In a time where so much is changing in health care, physicians would appreciate a steady stream of revenue to help adapt and survive in private practice,” Keith L. Martin, executive editor of Physicians Practice, said in a statement.

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Click here to read the survey.

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