Skip To Navigation Skip To Content Skip To Footer

    The MGMA membership renewal portal is experiencing intermittent issues. We are working on a fix. If you're unable to renew, please call 877.275.6462 ext. 1888 or email service@mgma.com to renew.

    Home > Provider Compensation and Production Glossary

    Continuing Medical Education (CME) 

    Provider Placement Starting Salary Data Set

    Educational activities that serve to maintain, develop or increase the knowledge, skills and professional performance and relationships a physician uses to provide services for patients, the public or the profession. The content of CME is the body of knowledge and skills generally recognized and accepted by the profession as within the basic medical sciences, the discipline of clinical medicine and the provision of healthcare to the public.

    CME Amount Paid: The dollar value that the provider received for CME in his or her contract.

    CME Paid Time Off (in Weeks): The number of weeks that the provider was given for continuing medical education (CME) in his or her first year of placement.
     

    Paid Time Off (PTO) Offered (in Hours) 

    Custom Reports and Tools

    The amount of paid time off allocated to each FTE provider per year. This will only reflect practices that combine vacation and sick time.

    Included:

    • Vacation days;

    • Sick leave; and

    • Personal days.

    Not included:
    • Holidays;

    • Short-term or long-term disability leave;

    • Workers’ compensation leave;

    • Family and medical leave;

    • Sabbatical leave; or

    • Community service leave. 
       

    Retirement Benefits

    All employer contributions to retirement plans including defined benefit and contribution plans, 401(k),
    403(b) and Keogh Plans, and any nonqualified funded retirement plan.

    Not included:
    • Employer contributions to social security mandated by the Federal Insurance Contributions Act (FICA);

    • Voluntary employee contributions that are an allocation of salary to a 401(k), 403(b), or Keogh Plan; or

    • The dollar value of any other fringe benefits paid by the practice, such as life and health insurance or automobile allowances.
     

    Retirement Benefits as a Percent of Total Compensation 

    Custom Reports and Tools

    All employer contributions to retirement plans including defined benefit and contribution plans, 401(k), 403(b), and Keogh Plans, and any non-qualified funded retirement plan divided by the total compensation amount paid annually.

    Not included:
    • Employer contributions to social security mandated by the Federal Insurance Contributions Act (FICA);

    • Voluntary employee contributions that are an allocation of salary to a 401(k), 403(b), or Keogh Plan; or

    • The dollar value of any other fringe benefits paid by the practice, such as life and health insurance or automobile allowances.
       

    Sick Time Offered (in Hours) 

    Custom Reports and Tools

    The number of hours per year the provider was given for sick. This will only reflect practices that separate out vacation and sick time.

    Not included:
    • Any paid time off for continuing medical education (CME)
       

    Signing Bonus Amount 

    Provider Placement Starting Salary Data Set

    The dollar value that the provider received as a signing bonus in his or her contract.

    Not included:
    • The dollar value of stipends, student loan repayments or relocation expenses.
       

    Starting Bonus Amount 

    Provider Placement Starting Salary Data Set

    The dollar value that the provider received as a starting bonus in his or her contract.

    Not included:
    • The dollar value of stipends, student loan repayments or relocation expenses.
       

    Vacation Offered (in Hours)

    Custom Reports and Tools

    The number of hours per year the provider was given for vacation. This will only reflect practices that separate out vacation and sick time.

    Not included:
    • Any paid time off for continuing medical education (CME)


    Ask MGMA
    An error has occurred. The page may no longer respond until reloaded. Reload 🗙