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Dermatologists' Incomes Continue to Rise


 

Median compensation for dermatologists in group practice rose 9% from 2010 to 2011, according to survey results from the Medical Group Management Association.

In 2011, the median compensation for the 353 dermatologists responding to the survey was $428,382, compared with $392,885 in 2010. Dermatologists in single-specialty practices earned $417,885 in 2011, compared with $430,956 for those in multispecialty practices, the MGMA reported.

There was considerable geographic variation in yearly median compensation, with dermatologists in the Midwest earning $437,565, followed by the West ($430,405), the South ($420,935), and the East ($378,841).

For all specialists surveyed, median salary rose 7.7% to $384,467 in 2011, while primary care physicians had a 5.2% increase that brought their income to $212,840. Among nonphysician providers, the median compensation of $102,770 was 6.4% higher than in 2010.

For 2011, the MGMA’s annual compensation and production survey includes data from 62,245 physicians and nonphysician providers in 2,913 group practices.

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