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Only 21% of primary care physicians feel they are fairly compensated, according to a new report released by Pearl Health, a tech company that helps independent physician practices participate in value-based care models. For the report, the company collected survey responses from 202 primary care physicians from July 11 to October 9.
Recent data shows that the three physician specialties with the lowest compensation rates are preventive, general practice and family practice. There is some irony to this given the fact that quality primary care can significantly reduce overall healthcare expenditures in the long term, the report pointed out. One 2018 study argued that each dollar invested in primary care saves $13 in downstream costs.