Compensation is not keeping pace with physician productivity, while patient demand continues to rise and the proportion of advanced practice providers expands across the workforce.
The Physician Flash Report features the latest industry trends from the same data physician groups use to track their finances and operations. For more detailed benchmarks by specialty or custom peer groups, please email PhysicianFlashReport@kaufmanhall.com.
Key Takeaways
- Compensation is not keeping pace with physician productivity. Physician productivity, as measured by work relative value units (wRVUs) per FTE, is up 9% since 2023 while physician compensation is only up 6%.
- Patient demand, as measured by net patient revenue, is up. But on a per provider wRVU basis, net patient revenue has decreased 1% since 2023, reflecting lower reimbursement rates.
- The proportion of advanced practice providers (APPs) continues to rise. APPs are now 40.7% of the workforce.
What is the Physician Flash Report?
The Physician Flash Report is a quarterly benchmarking report from Kaufman Hall that analyzes physician enterprise financial and operational performance using data from more than 200,000 employed physicians and advanced practice providers across the United States.
How often is the Physician Flash Report published?
The Physician Flash Report is published quarterly, providing timely updates on physician compensation, productivity, expenses, and subsidy trends.
What types of organizations use the Physician Flash Report?
The report is used by health systems, physician enterprises, medical groups, academic medical centers, and healthcare executives responsible for physician strategy, finance, and operations.
How is the data collected and validated?
Data is sourced from Strata Decision Technology and analyzed using advanced