Aug. 6, 2018
Dive
Brief:
- Physician
assistants employed by hospitals earn higher salaries, see more leadership
opportunities and better benefits than those employed by physician
practices, according to the American Academy of PAs' 2018 AAPA Salary Report.
- PAs
employed by a hospital earned a median base salary of $107,000 in 2017.
That’s more than the $101,000 for PAs employed by physician practices.
- PAs employed by hospitals were
more likely to hold formal leadership positions (57.5% compared to 28.2%).
They were also more likely to report a career ladder for PAs in their
organization (27.7% vs. 11%).
Dive
Insight:
Health
systems are relying more on non-physicians to deliver care. That trend will
mean more responsibility and likely higher pay for PAs and nurse
practitioners. A recent Medical Group Management
Association study found overall compensation for nurse
practitioners, physician assistants and other non-physician providers grew 8%
in the past five years.
More
than 123,000 PAs are licensed today, according to the association. The
Bureau of Labor Statistics said the profession is expected to increase 37% from 2016 to 2026.
Part of that growth should help alleviate potential provider shortages.
A
recent Association of American Medical
Colleges prediction estimates a shortfall of more than 120,000
doctors by 2030. That number grew from a similar study last year, which
suggested a 105,000 shortage. The gap for primary care will be between 14,800
and 49,000, depending on the number of advanced practice nurses and PAs,
according to the report
There
could also be a bottom line reason to use NPs. A different MGMA report found
that medical practices that use non-physician providers receive more revenue
and enjoy better productivity.
The
latest PA report found that physician practice-employed PAs make up 46.1%
of the professional with hospital-employed PAs the second largest group
with almost 35%. Nearly half of PAs employed by a hospital are in
academic medical centers and almost 40% are in community nonprofit hospitals.
PAs'
overall median base salary increased from $102,000 in 2016 to $105,000 in 2017.
Those working part-time (24 hours per week) have base salaries of $79,500,
which is also about 75% of the full-time median base
salary. Hospital-employed PAs are more likely to complete formal leadership
training at nearly 13% compared to less than 9% of those employed by physician
practices, according to the report.
PAs
employed by hospitals are also more apt to get paid time off. Those numbers
include 20 days general paid time off for hospital-employed PAs compared to
17.8 days for physician practices and 8.4 sick days for hospital-employed PAs
versus five days in physician practices.
https://www.healthcaredive.com/news/hospital-employed-pas-earn-more-see-more-leadership-options-report-finds/529348/
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