Guide to Understanding Physician Compensation Models

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Understanding your compensation is critical before you decide to accept a job. In the world of medical practices or groups, however, this understanding is even more essential, as there are a wide variety of compensation structures for physicians. These compensation models can dictate not only what a physician will make in the near future, but also what his or her long-term opportunities may be.

Different types of structures can work for different physicians, depending on the applicant’s experience, skills, and goals. To ensure a model is suitable for your professional goals and expectations, you should understand the different compensation models available and critically evaluate the type offered by an employer before accepting a job.

Types of Physician Compensation Models

There are a wide array of physician compensation models. These models include:

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