Healthcare Finance Profiles Faegre Drinker’s Midwest Rural Hospital Provider Compensation Survey

In the article “Physician compensation at Midwest rural hospitals is higher than the national average,” Healthcare Finance reports on Faegre Drinker’s Midwest Rural Hospital Provider Compensation Survey. The survey, conducted by health care associate Aaron Dobosenski, revealed compensation and productivity metrics for 11 physician specialties and eight advanced provider types, as well as statistics on provider benefits and recruitment and retention in Midwest rural hospitals, with comparisons to national survey data throughout.

The article highlights several key findings from the report, including that physician compensation, particularly in the upper Midwest, shows median compensation that's 10%-15% higher than the national average.

The survey, conducted with the assistance of the Minnesota Hospital Association and the Iowa Hospital Association, was sent to about 250 rural hospitals in the upper Midwest. Roughly half of the 44 rural hospital respondents are independent hospitals, and half are rural hospitals affiliated with systems. Thirty-nine of the respondents are certified critical access hospitals.