Management Compensation Survey 2004 Report Based on 2003 Data

Know where you stand. Go where you want. Goal-driven organizations understand the need to measure and compare key financial and operational factors. From costs and compensation to individual production and overall performance, knowing where your medical practice stands against peer organizations is the first step in taking it to the next level. Year after year, the nation’s top practice managers rely on MGMA for data to make critical decisions. The MGMA 2004 Management Compensation Survey Report reveals critical, detailed information, helping practices assess the essential links between pay and performance. We put it together. • Data on more than 7,700 medical practice professionals in 1,600 medical practices • 90 management and leadership positions, including new positions – chief information officer, front office supervisor, and transcriptionist specialist • Positions within both physician-owned and hospital/integrated delivery system-owned practices • Compensation by select single specialties You put it to use. • Set income standards reflective of the market, peer groups and organizational characteristics • Determine key professional traits that influence organizational performance and success • Understand how different compensation methods, experience, educational levels and credentials affect compensation • Negotiate fair compensation commensurate with individual qualifications and organizational goals