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Whether you’re looking into physiatry as a career or you are an established practitioner interested in a new position, compensation is a significant consideration that will guide your decision. This is our guide to everything you need to know about physiatry compensation. Farr Healthcare prides itself on relaying accurate and updated information regarding physiatry trends. Information ranges from compensation considerations, contribution articles from fellow physiatrists and others who work in the medical field and the recent physiatry trends and benefits for the year. With an accurate picture of the physiatrist salary landscape, you can confidently approach negotiations and ensure you will receive a physical medicine and rehabilitation salary on par with your skills and experience.

Compensation . . . It’s More Than The Salary Amount

Physiatry jobs, they come in many shapes and sizes but one factor, cost of living, can make all the difference in the world.  I’ll never forget a physiatrist with an opening in Las Vegas, NV.  He told me that because of the lower cost of living in NV, that a doctor moving from CA to NV could buy a new car every year!

Unlike other professions, physiatrists often receive greater financial income in pm&r jobs in less metropolitan areas.  The basis for this is the law of supply and demand; more physiatrists want [ . . . ]

Physiatry Practice Opportunities

The number of physiatry practice opportunities is less this year because of COVID.  There are sports medicine fellows who are open to general rehab positions and residents who want to do inpatient who are open to outpatient work.  This applies to the urban areas and less so for more suburban or rural areas.

There are more and more subacute and skilled nursing facility physiatry practice opportunities. Some of them are with private practices and some are with large national or regional companies.  These companies often have an income guarantee and then take approximately 30% of the billings.

Part-time physiatry practice opportunities are [ . . . ]

MIPS Reporting

CMS has launched a Small, Underserved, and Rural Support
initiative to provide free, customized Technical Assistance to
clinicians in small practices.

Technical assistance includes:

– Understanding general requirements of the MIPS program
– Advice on choosing measures
– Help in submitting data
Based on my experience, these companies are excellent!
Each state has a different company providing this technical assistance.

You can find who to contact by clicking on this link and entering

your state, or by calling the CMS MIPS Help Desk 1-866-288-8292

This article was contributed by [ . . . ]

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