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IFM | Family Physician Compensation: Myths, Models and Using the AAFP Career Benchmark Dashboard

Inside Family Medicine

Release Date: 06/29/2026

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In this episode of Inside Family Medicine, we hear from Norman Chenven, MD, founding CEO of Austin Regional Clinic (ARC), and AAFP Director of Career and Practice, Tracey Allen-Ehrhart. They discuss family physician compensation, common income myths, and tools for evaluating job offers. Chenven explains why he chose family medicine and outlines how compensation varies by geography, practice type, work hours, productivity, coding, patient satisfaction, and value-based quality measures. Allen-Ehrhart highlights the AAFP Career Benchmark Dashboard, which offers family physicians real-world compensation data and includes filters by role and state for tailored searches. They also compare employed roles and practice ownership, discuss risks associated with private equity and health system stability, and share advice and resources for evaluatinemployers and reviewing contracts 

 

Topics by Timestamp 

00:00 Welcome and Guests 

01:20 Why Family Medicine 

02:27 Compensation Basics 

05:05 Benchmark Dashboard 

06:27 Ownership vs Employment 

09:52 Myths and Reality 

10:50 Advice for New Docs 

13:42 Negotiate Your Worth 

16:17 Resources and Wrap Up 

 

Additional Resources 

 

Disclaimer: Copyright 2026, AAFP. The views presented in this broadcast are the speaker’s own and do not represent those of AAFP. The information presented is for general, educational, or entertainment purposes and should not be considered legal, health, financial, or other advice. The AAFP makes no representation as to the accuracy or completeness of the information and is not responsible for results that may arise from its use. Consult an appropriate professional concerning your specific situation and respective governing bodies for applicable laws. Reference to any specific product or entity does not constitute an endorsement or recommendation by AAFP unless specifically stated otherwise. AAFP and the AAFP logo are registered trademarks of American Academy of Family Physicians.