Rural Physician & Advanced Practice Provider Compensation Report
Stroudwater Associates, in partnership with the NRHA and NOSORH, developed a physician and advanced practice provider compensation survey for rural organizations.
Representing over 2,800 rural providers, the results of the survey illustrates the enormous variability in provider compensation across rural organizations and the pressing need for rural healthcare to align provider compensation with the organization’s goals and be compliant with fair market value (FMV).
The report, The State of Rural Provider Compensation in 2024, provides a path forward for rural healthcare organizations facing supply and demand headwinds made more complicated by escalating compensation demands among providers and the rising cost of operations.
2024 Provider Compensation Report
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Key Results Include
54.7% of respondents pay providers a straight salary with no performance or quality incentives; a slight decrease since 2023, which reported 56%
While median compensation for a family medicine physician without OB is under $260,000, the survey uncovered an overall range of total median compensation of $179,500 – $420,874 for these providers
Only 36.8% of the organizations surveyed were using the most recent Medicare physician fee schedule
CRNA compensation in the rural space has grown from a pre-pandemic salary of $150,000 – $180,000 based on client data to a median salary of over $251,500
FAQs
The second annual rural provider compensation survey received a total of 199 respondents from 42 states. These responses represented over 2,800 rural providers.
The rural provider compensation survey will contain details around:
- Primary care compensation based on respondent ranges
- Types of compensations with amounts for CME
- Student loan repayment
- Relocation
- Sign-on bonuses
- And more
Fill out our interest form to receive the survey when it’s available.
The next survey will be published in early January 2025.