Primary care physician salary growth projected to outpace specialists in 2014

Primary care physicians may see slightly higher increases to their salaries than specialists next year, according to a recent report by the Hay Group.

The 2013 Physician Compensation Prevalence and Planning Report projects a 2.5% increase is primary care salaries across all organizations, compared to the 2.3% increase in 2012. Specialists are projected to see a 2.3% increase, which is the same rate that they saw last year.

“We have been seeing a slowdown in pay rate increases for physician specialists, and a bump up for generalists, over the last several years, and this trend seems to be continuing,” Jim Otto, senior principal in Hay Group’s Healthcare Practice, said in a press release. Read more here.

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