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Ontario Physician 1% Compensation Increase Coming This Month

Tracy B.
Feb. 6, 2023
1-minute read

In accordance with the 2021 Physician Services Agreement (PSA), physician compensation increases for the period of April 1, 2021 to March 31, 2022 will be paid in February 2023.

Physicians should expect a 1% across-the-board compensation increase.

Physicians and groups who receive an RA will see the payment deposited on or about February 14, 2023. The payment will be reported on the RA under accounting adjustment “21PA – 2021-2022 Increase”.

Physicians, groups and facilities that do not receive a monthly RA report will receive their usual payment advice with the notation “2021-2022 Compensation Increase”.

Physicians, groups and other facilities that receive payments under other payment programs will receive their compensation increase payments based on the regularly scheduled monthly payment date or as a one-time payment in February 2023.

The only exclusions to this increase are hospital technical fees and OPIP.

Questions about this OHIP update?
View the original Ministry of Health INFOBulletin for further details. Questions about the increase can be directed to SSContactCentre.MOH@ontario.ca or 1-800-262-6524.

Additional Reading

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Dr. Nour Khatib left medical school for a finance career, but a persistent calling encouraged her to return years later and become an emergency physician.

Tracy is a seasoned senior-level content writer and full time team member at Dr.Bill. By staying closely connected to the needs of Canadian healthcare professionals, she creates to-the-point content that helps physicians manage their medical billing and their practices better.
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This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author(s) as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by RBCx or its affiliates.

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