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Private practices catch up to hospital-owned starting salaries
Compensation trends that have for a long time distinguished between hospital- and physician-owned practices may now be changing as physician recruitment becomes more competitive across settings. For years, physician compensation distribution across ownership settings has followed a similar pattern: Hospital-owned physician practices-as well as those owned by an integrated delivery system (IDS)-generally offered higher starting compensation levels than private physician-owned facilities, but taken over time, compensation levels in private practices were significantly higher.