Healthcare Valuation Blog

BuckheadFMV conducted our eighth annual direct-to-physician call coverage survey. An affordable source of physician call coverage compensation information, the BFMV survey is unique in that it provides statistics related to the "burden" of off-site/unrestricted call coverage in a variety of specialties, including in-person visits and phone call volumes. The following is a summary of 5 key background and demographic statistics from the 2026 survey. 1. Respondents by Specialt

Pharma and medical device companies routinely use tiering matrices to set fair market value (FMV) compensation for physician consultants and speakers. These frameworks score physicians on objective criteria like board certifications, years of experience, publication record, and conference presentations, then assign a compensation tier accordingly. The approach is well-established, defensible, and familiar to compliance teams. What is less established is how to apply the same

BuckheadFMV has just released the 2026 Cost of Physician Staffing Services. This report compiles pricing data included in 99 government contracts for physician staffing services. Relevant for determining fair market value hourly rates for physician services, it offers specialty-specific benchmark rates for on-site services and after-hours call coverage. The 2026 data reflect a sustained rising trend in call rates since BFMV began publishing this report in 2017. Benchmarks inc

Physician employers often rely on published surveys to estimate the number of work relative value units (“wRVUs”) they can expect from their doctors. While survey data is helpful, it can be expensive and difficult to obtain. Instead of relying on survey data, employers can use a bottom-up approach to determine the level of wRVUs they should expect from their providers. For some specialties, projecting physician wRVUs from the bottom up can be a relatively simple exercise. For

BFMV’s catalog of publications has expanded in 2026. Three of our offerings have been updated and published so far this year, with three more in production and coming soon. Updated for 2026 and Available Now 2026 Radiology Private Practice Expense Benchmark Report The report provides normalized operating expense metrics from 10 radiology groups representing more than 170 radiologists nationwide, offering clear, comparative insight into the financial structure of radiology pr

Data collection for the 2026 BFMV Call Coverage Survey has closed, and the 2026 Report is now available. Each spring, our survey reaches out directly to physicians for the most relevant call coverage information available. If you are a physician or practice administrator who would like your data to be included in next year's study, watch for the 2027 survey here next spring. Completing the survey takes less than 5 minutes and contributors receive complimentary 1-year subscrip

BFMV works with hospitals that compensate private practices for resident preceptorship during specialty rotations in affiliated community-based residency programs. Resident rotations are structured to provide comprehensive training across a variety of specialties. Internal medicine residents, for example, rotate through core areas such as general medicine wards, intensive care units (ICUs), and ambulatory clinics, as well as subspecialty areas like cardiology, neurology, or o

The decreases to work relative value units (“wRVU”) for most physician services in the Final Rule[1] for the 2026 Medicare Physician Fee Schedule (“MPFS”) will largely offset the reimbursement bump from the conversion factor (“CF”) rate increases for physicians in many specialties. While the 2026 CF rate for Alternative Payment Model Qualifying Participants (“QPs”) is 3.77% higher than the 2025 CF, and the rate for non-QPs is 3.26% higher, a standard 2.5% wRVU decrease applie

There are many situations where it makes sense to pay physicians on an hourly basis for services provided. Hourly compensation arrangements work well when a relatively short or definitive amount of time is being compensated. They are also suitable for arrangements where physician time, rather than physician output or production, is the valuable resource. Typical Hourly Compensation Arrangements Medical Directorships Medical directorships lend themselves well to hourly compens

In August 2025, BFMV issued the latest edition of its Physician Leaders Compensation Report. The report is based on Form 990 data filed by nonprofit hospitals and health systems across the country. It includes statistics on compensation paid to physicians in leadership positions in hospitals, medical groups, and other types of organizations. In the clinical realm, a physician’s specialty is a primary determinant of compensation. BFMV researched the clinical specialties of

In August 2025, BFMV analyzed Form 990 data filed by nonprofit hospitals and health systems across the country to find compensation paid to Chief Medical Informatics Officers (CMIOs). A CMIO is a licensed physician in a senior leadership role responsible for developing and implementing an organization’s clinical information systems. Form 990s include compensation data for officers, directors, trustees, and employees of an organization whose reportable compensation from the or

BFMV’s Cost of Physician Staffing Services, 2025 (“CPSS”) includes data sourced from government contracts with 95 physician staffing companies located across the country. These companies supply government healthcare providers, such as VA hospitals or clinics, with the medical personnel necessary to fill temporary physician vacancies. The companies included in the CPSS also provide these services to non-government clients. When a physician staffing firm becomes a government co

BFMV recently released the 2025 Physician Leaders Compensation Report. Our primary interest in undertaking this study was tracking physician executive titles and pay trends. Here are seven key takeaways from the report. 1. The most common physician executive titles are Chief Medical Officer and Medical Director. Interesting to note the high representation of CMOs. According to the American Association for Physician Leadership, the role of CMOs is changing and increasingly bec

Every year, BFMV conducts a national direct-to-physician call coverage survey. This project offers valuable insights that inform our fair market value appraisals. It also provides valuable information to participating physicians, who receive free access to the results. The direct-to-physician feature of our call survey differentiates it from other physician compensation surveys. In its inception, we wanted a survey that helped us better understand the off-site/unrestricted

BFMV is pleased to present the 2025 edition of our newest resource for the healthcare industry. We researched publicly reported information regarding amounts paid to physician directors and executives in a broad range of clinical specialties, types of organizations, and geographical regions using Internal Revenue Service (“IRS”) Form 990 data for nonprofit organizations across the country. Form 990s include compensation data for officers, directors, trustees, and key employ