Physician pay is rising but not keeping pace with inflation, MGMA says

Physician compensation is on the rise but not keeping pace with inflation, according to the Medical Group Management Association’s 34th annual DataDive Provider Compensation report.

Although growth in median total compensation for primary care providers doubled from 2021 to 2022, from 2.13% to 4.41% respectively, it couldn’t overtake inflation rates of 7% and 6.5%.

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