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Q: Physician compensation in Pennsylvania ( No Answer,   1 Comment )
Question  
Subject: Physician compensation in Pennsylvania
Category: Business and Money > Employment
Asked by: mariann-ga
List Price: $75.00
Posted: 15 Oct 2002 13:32 PDT
Expires: 14 Nov 2002 12:32 PST
Question ID: 76972
Is there any documented survey or other evidence of how much
additional compensation is paid to physicians in a medium size
specialized practice (i.e. 10-20 physicians) in Pennsylvania who, in
addition to serving as physicians, also serve as directors of the
practice (which is organized as a corporation)?

Clarification of Question by mariann-ga on 16 Oct 2002 06:09 PDT
I would like a copy of any survey or documentation to which you may
refer in your response.

Clarification of Question by mariann-ga on 17 Oct 2002 08:30 PDT
Most of the physicians in the practice are shareholders and only 4 or
5 are on the Board of Directors.  The others do not want to be
involved with the extra work it entails.  They want to come up with a
fair compensation for the extra work, stress, etc. for those who are
directors.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Physician compensation in Pennsylvania
From: richard-ga on 16 Oct 2002 13:55 PDT
 
Typically in a medical professional corporation, the physicians who
own the corporation serve as its directors and officers.  And since
they are the owners of the corporation, their compensation (salary,
bonus, pension contribution, etc.) is determined by how profitable it
is.  In other words, after paying the staff salaries (including the
salaries of any physicians who are not shareholders), rent, insurance,
etc., they get to divide what's left.

So if the practice is profitable, they make lots more than the
non-shareholder physicians.

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