Physician salary by specialty Apr 14, 2018 · The Medscape Physician Compensation Report indicates that the average physician compensation for specialists in 2018 is $329,000, which is up from $316,000 in 2017. - a primary care physician EDIT: this comment further down explains it a little bit. An entry-level Physician Assistant - Specialty with under 1 year experience makes about $125,374. Locum EM physicians are still in high demand, with various opportunities. When considering a specialty, it’s essential to balance personal interests, the nature of the work, and potential earnings. Based on recent job postings on ZipRecruiter, the Physician job market in both Boydton, VA and the surrounding area is very active. Select your specialty below and see the Nov 24, 2024 · The average pediatrician salary in the US in 2024 is around $237,504 per annum. : The Medscape Physician Compensation Report is the physician-preferred salary report, based on the most comprehensive and widely used doctors’ salary survey in the US for the 13th straight year. In 2020, an analysis of our physician compensation data from 2014-2019 estimated that over the course of a career, men physicians make over $2 million more than women physicians. Specialty certifications offered by the NCCPA are called Certificates of Added Qualifications (CAQs). Jan 1, 2025 · How much does an Endocrinologist make? The average annual salary of Endocrinologist in the United States is $261,600 or $126 per hour, ranging from $197,600 to $343,940 and $95 to $165. %PDF-1. Physicians Least Likely to Choose the Same Specialty Again ; 9. This chart (possibly erroneously) assumes that all physicians work 48 weeks a year. 5, 2021, through Jan. The average salary for a physician is $359,963 per year in the United States. 021%) less than the national average annual salary of $149,049. Several factors influence physicians' salaries: The complexity and risks involved in the specialty; Length and cost of education and training; Geographic location; Patient population served; Prevalence of medical conditions related to the specialty It is the most comprehensive and widely used physician salary survey in the United States for the eleventh year in a row. ” AAPA. As of January 01, 2025, the average Doctor salary in Chicago, IL is $330,631. Find your next career move by specialty and location from over 11,000 new physician job opportunities posted every month on Health eCareers. Locum rates for 2025: AUD$2,000 - $3,000 per day / NZD$200 per hour Using the physician salary and compensation data tools provided by Resolve, take back healthcare, anonymously together. That’s an increase compared to the $294,000 average salary calculated in Medscape’s 2017 report. With Doximity's Salary Map, members receive free access to salary data from tens of thousands of physicians, PAs, nurse practitioners, pharmacists, medical groups, hospitals, and healthcare organizations nationwide. , with slightly higher demand in the Southeast and Midwest. Physician Assistant Salary By State in 2024 – (Ranked Highest-to-Lowest Paying) Cardiology is the highest-paying PA specialty. Cardiology Nov 9, 2022 · Physician assistant salary by state. Physician salary by specialty Average salaries for physicians. 17, 2023. Nov. Jun 20, 2024 · List of the Lowest Physician Salaries by Specialty. ) 2020 PHYSICIAN COMPENSATION REPORT | 5 Key Findings Specialty Compensation Medical specialties that require more advanced training and longer medical residencies, such as surgeons, show significantly higher annual salaries when compared to the national average compensation of $383,340 in 2020. While we’re on the topic of physician salaries, it’s worth mentioning physician assistant salaries as well. Physician salary by specialty: How do emergency medicine physicians’ salaries compare to other specialties? According to Medscape, emergency medicine physicians make an average of $352,000 per year. An entry-level Physician Assistant - Specialty with under 1 year experience makes about $141,254. Bureau of Labor Statistics. Doximity's compensation data draw from nearly 150,000 survey responses over five years, including responses from more than 33,000 U. The average resident salary is around $64,000 per year. Oct 18, 2024 · Key Factors Influencing Physician Salaries Across Various Specialties. However, physician compensation varies dramatically by specialty, location of practice, employer type and other benefits offered. See full list on verywellhealth. Residents earn significantly less than licensed primary care physicians ($243,000) and specialists ($346,000). In addition to the base pay, we added any bonus amount a PA received in 2023 to their reported compensation to produce their total compensation for the year. Explore the Doximity 2024 Physician Compensation Report for comprehensive insights into physician compensation trends in the U. What is the average doctor’s salary? According to Indeed, the average doctor’s salary for an MD physician is $201,918 per year. Medscape reported that, on average, family medicine physicians earned $234,000 a year. As of today, physician pay only makes up 7%-11% of healthcare expenditure. This information is provided for educational purposes only, and is aimed at advocating for individual physicians. This year's report also includes physician employment trends due to COVID-19. Salary isn’t the only reason to choose a PA specialty, but it can be an important consideration. We’ll always be taken advantage of as residents, which is even more reason we should advocate harder as attendings. The gap between male and female primary care physician salaries was around 17%, a slight improvement from 2023’s 19% pay gap. Dive into our comprehensive analysis of average physician salaries by specialty. The sub will be back up… Compare the specialty salaries to the earnings of the three lowest-paid categories of physicians. 1. 25% Consumer Medscape’s latest Physician Compensation Report for 2024 reveals a 3% average increase in physician salaries, but inflation and pay disparities continue to affect satisfaction. The most highly-compensated specialties were cardiovascular surgery ($718,802), neurosurgery ($694,605), pediatric surgery ($588,934), thoracic surgery ($581,387), and plastic surgery ($525,215). Five years ago, our 2018 report showed overall physician compensation at $299,000, compared with $352,000 in this year's report. "While similar salary breakdowns have been published by Forbes, Medscape, and Merritt Hawkins, among others, Doximity's numbers are based on the most comprehensive approach yet. Get the free entire 23 page report on physician salary by specialty, metro area, gender and region. Primary May 16, 2024 · The data show that the percentage of physicians paid by a combination of two or more methods increased from 48. 2022 Physician Compensation Report This physician salary and compensation report was compiled by Physicians Thrive in 2022. Apr 14, 2023 · Medicine's highest-earning specialty earned an average of $619,000, whereas the lowest-paid specialty earned $249,000, according to Medscape's "Physician Compensation Report" for 2023. Please also do your own research before making any decisions based on the information Oct 29, 2020 · RELATED: The list of the top 10 highest physician salaries by specialty for 2019. The Physician Specialty Data Report was published biennially between 2012 and 2022. Orthopedics, plastic surgery, and cardiology top the list of highest-paid specialties, while diabetes and endocrinology remain at the bottom. com COMPENSATION BY SPECIALTY Family Medicine physicians earned an average of $255k in 2023, a 1. Salary transparency has helped a tech a lot in pushing those salaries higher. Learn More The annual AAMC Faculty Salary Report displays total compensation of full-time medical school faculty broken out by rank, degree, department/specialty, medical school type, region, gender, and race/ethnicity. medical degree by specialty. Scroll down to “National Physician Database” and download “Data tables (ZIP). Medical Specialty. With less than 2 years of experience, a mid-level Physician Assistant - Specialty makes around $141,635. Specializing in specific patient populations or conditions can boost a PA’s salary. The highest paid specialties with their average annual salaries include: Dermatology $113,063 Jan 1, 2025 · How much does a Physician - Family Practice make? The average annual salary of Physician - Family Practice in South Carolina is $219,663 or $106 per hour, ranging from $169,645 to $281,616 and $82 to $135. 7, 2022, to Jan. 7 %âãÏÓ 388 0 obj > endobj 401 0 obj >/Filter/FlateDecode/ID[6710D1B2FE2C4B6CB9BC8FA99C3D19F4>]/Index[388 26]/Info 387 0 R/Length 82/Prev 3040094/Root 389 Aug 19, 2024 · National average and specialty-specific compensation National average. 6 days ago · Key Takeaways. The average physician income in 2023 was $363,000 annually, compared to $352,000 in 2022 and $339,000 in 2021. Physician salaries continue to increase due in large part to physician shortages brought on by the pandemic. Certification and/or licensing in the position's specialty is the main requirement. Apr 12, 2024 · Below are 29 physician specialties ranked by 2023 compensation, per Medscape: 1. Final Approved Pay Ranges for Physicians, Dentists, and Podiatrists Effective January 14, 2024 . The specialties with the HIGHEST and LOWEST average annual compensation. Jun 19, 2023 · Average physician compensation. As of December 01, 2024, the average Doctor salary in Phoenix, AZ is $310,706. Jan 1, 2025 · View Physician Assistant - Specialty Salary by Experience Levels. May 17, 2024 · Based on Medscape’s results, male physicians make 29% more than their female counterparts on average when working full-time in the USA. According to the 2013 Nurse Practitioner and Physician Assistant Salary Survey by Clinical Advisor, the highest paid Physician Assistants are found in the Dermatology specialty followed closely by the Emergency Medicine field. Pay Table 1 Specialty/Assignment . Physician Salaries by Location Even with these cuts, the national average salary of a physician in the United States is over $200,000 a year. The annual survey also shows that physician income has been rising steadily over the past seven years. Apr 1, 2018 · The lowest average physician salaries among the most-requested searches were paid to family medicine physicians, with an average salary of $239,000, down just slightly from the previous year. The U. Apr 9, 2023 · This graph illustrates the mean total compensation for academic physicians reported by the MGMA in 2022. ” Figure 1. 7 Physician Side Gigs for Extra Income. com's 2023 Salary Survey Report is here! View the average salary for physicians, CRNAs, nurse practitioners and physician assistants in your specialty. ” Go to the file titled “npdb-payments-data-tables-2021-en. , including changes in specialty earnings, the impact of employment settings, metro area comparisons, and updates on the gender wage gap. Here is the average salary for each specialty: Physicians’ Offices: $117,370 29-1071 Physician Assistants. nearly $110,000 less than men physicians, on average, even when salaries were controlled for specialty, location, and years of experience. 5% increase over 2022—this is the second time it has recorded the highest historical average to date. What is the lowest paying medical specialty? The PA specialty that pays the least is adolescent medicine with a median annual Sep 11, 2024 · 2024 Trends in Physician Earnings: Physician Salaries by Specialty Urologist Salary Urologists , who specialize in the urinary tract and male reproductive organs, earn an average salary of $540,000 annually. Physician Workforce Data Dashboard was launched in 2023, combining data previously published in the State Physician Workforce Data Report and Physician Specialty Data Report. The numbers are total compensation. The BLS ranks the following as the top-paying industries for PAs as of May 2021. In 2022, a recent physician assistant salary by state reports that PAs are experiencing salary growth after pandemic setbacks. It is not intended to be used for collective bargaining; please see additional disclosures and disclaimers on the physician salary data pages. MGMA is the most accurate source for physician salaries and are the numbers used in contract negotiation (for private practice, academic jobs typically use the AAMC scale which is lower). There isn't much available online about physician compensation per hour by specialty as most sources only report annual compensation without including hours. After 2-4 years, the Physician Assistant - Specialty pay rises to about $127,066. The average salary for a physician in the U. In this article, we will delve into the average doctor salaries by specialty and discuss some of the factors that influence these earnings. Plastic surgery is the highest-earning physician salary, according to Medscape's "Physician Compensation Report 2022," released April 15. As of January 01, 2025, the average Doctor salary in Dallas, TX is $311,090. Nov 20, 2023 · The U. A physician’s specialty impacts income, as does geographical location, but what many residents don’t know is how the different types of physician compensation models can also influence income. Highest Paying Specialties by Region ; 10. PA salary varies depending on their specialization—read on to learn more about the top 10 highest paid PA specialties. ) Jun 6, 2024 · To assess the overall compensation of PAs by specialty, we annualized hourly wages to better compare the compensation for PAs paid hourly with those with a productivity pay model or a salary. As a chief physician, you get an extraordinarily good salary in the hospital (12-15k net), but unfortunately there is only one chief physician per specialty per hospital :) In the hospital, you get a night duty bonus and a holiday bonus. Apr 14, 2023 · Overall physician salaries rose to an average of $352,000, up about 4 percent on the previous year, with specialty incomes rising to an average of $382,000 compared with $368,000 in 2022. Physicians’ salaries vary by region, specialty, gender, and a variety of other factors. Plastic surgery: $501,000 2. Job availability is fairly even across the U. Mar 29, 2024 · Negotiating a Competitive Physician Salary. Compensation statistics based on “major specialty area” are included in the first section of the AAPA Salary Report, grouping more than 54 specialties into seven distinct “buckets. Physician assistants who Aug 29, 2024 · Physicians and surgeons typically need a bachelor’s degree as well as a medical degree, which takes an additional 4 years to complete. The average pediatric urgent care physician salary for 2024 was $249,000, though it's important to note that this was for part-time physicians. To determine the top-earning states for physicians, Medscape collected responses from 13,000 physicians across 29 specialties from Oct. Physician Assistant Salary by Specialty. According to a 2013 survey by Clinical Advisor, Dermatology and Emergency Medicine lead as the highest-paying specialties, showcasing the influence of specialty choice on earning potential. Mar 23, 2023 · On average, women physicians earn nearly $110,000 less than male physicians, even when salaries were controlled for specialty, location and years of experience, Doximity found, which indicates Specialty Compensation. is $209,730 per year. Data used to determine the average physician sign on bonus below was collected from mid-2023 to mid-2024 through our physician salary and compensation negotiation database, a free resource to all members of our online physician community, which consists of over 6,000 data points. After 2-4 years, the Physician Assistant - Specialty pay rises to about $138,358. Subspecialization includes additional training in a fellowship of 1 to 3 years. For DO physicians, the average annual salary in the United States is $163,908 annually. For more detailed information on PA salaries and trends, visit the American Academy of Physician Associates here. When it comes to physician compensation, roles and responsibilities play a significant factor. Surgical subspecialties are now the Oct 17, 2024 · With the flexibility to practice in any medical setting or specialty, physician assistants play a critical role in the delivery of high quality patient care. May 2, 2024 · The average physician salary was $352,000 in 2023, according to the Medscape Physician Compensation Report 2023. Dec 1, 2022 · How to Choose a Medical Specialty: A Pharmacist Perspective. A recruiter must consider the area’s cost of living, job satisfaction, and career growth opportunities for potentially employed physicians. Median Compensation from Primary Employer by Major Specialty Area* May 23, 2024 · What type of physician assistant gets paid the most? The highest-paying PA specialty is Emergency Medicine. However, salary ranges can start as low as 80,000 for entry-level positions and exceed $140,000 for experienced PAs in certain specialties. 59 $ 64. Understand trends in PA compensation across various specialties and experience levels, and leverage this data for informed career decisions and negotiations. This can help determine if a particular … 88 votes, 50 comments. Dec 15, 2024 · Average Salary Ranges for Physician Assistants The average salary range for Physician Assistants in the United States can vary. S 2 days ago · With over 100,000 physicians having contributed to the most comprehensive salary survey database, Medscape's annual Physician Compensation Survey is the gold standard for physician salary In this report gathered from data self-reported by physicians, the average salary for all physicians is $299,000. 38 per hour for Senior Physician Assistant to $222 per hour for Urologist. Leveraging the insights shared on the influential aspects of physician salaries, prospective candidates should equip themselves with the necessary tools to negotiate a package that recognizes their worth. Though the 2024 physician salary report shows a 3% increase overall, a 2% Medicare reimbursement cut affected income for many doctors. Physicians’ salaries vary based on specialty, experience, and location. Medical specialties that require more advanced training and longer medical residencies, such as surgeons, show significantly higher annual salaries when compared to the national average compensation of $383,340 in 2020. Requires Certified Physician Assistant (PA-C). In the United States, primary care physicians earn an average of $260,000. Jul 1, 2024 · Average physician income has increased but Medicare cuts are affecting it. Tailor the data tables with just a few clicks, allowing you to compare the latest PA compensation data across specialties, locations, and experience levels. May 14, 2020 · The data for this year's Compensation Report was collected prior to February 10, 2020, and reflect physician salary and income prior to the COVID-19 crisis. The average salary helps to assess your fair market value. Apr 14, 2023 · Physician compensation is still on the rise. Here’s a detailed look at the ten lowest-paying medical specialties based on average annual salaries, with a majority of low-paying medical salaries in pediatrics. Overall, the average physician income was $313,000 a year according to the 2019 Medscape Physician Compensation Report. Locums are in high demand, but their locum tenens salaries are even higher! Whether you’re just starting to explore your medical career options, or if you’re a tenured physician or advanced practitioner, working locums are needed now more than ever to fill staffing gaps due to medical provider and physician shortages nationwide. The highest hourly locums rate reported by our physician members for locums work was around $500 an hour for hematology oncology, while the lowest we saw was $60 an hour for pediatrics. Learn how top-earning fields like orthopedics and cardiology compare to lower-paying ones such as pediatrics and family medicine. American Academy of Physician Associates. Average physician income across all providers was $363,000 in this year’s report, compared to $352,000 the prior year. This year-to-year comparison for the top 20 specialty searches conducted by AMN Healthcare and their associated staffing companies represent the average physician starting salaries or guaranteed income only, shown in descending order. Get a salary report by industry, company size, and skills. Podiatrist National average salary: $93,487 per year Primary duties: A podiatrist renders treatments to an individual's feet to relieve discomfort or pain. Here are physician salaries by state from the same source: Alabama: $311,920 per year; Alaska: $236,821 per year; Arizona: $256,512 per year; Arkansas: $214,697 per year; California Jan 1, 2025 · View Physician Assistant - Specialty Salary by Experience Levels. 7 Full-time-equivalent physicians, by physician specialty and province/territory, 2021–2022”). Specialists take home about $368,000 annually. Surgery. For each, you'll find descriptions of the work the physicians do, training requirements, links to relevant organizations and publications, and salary, signaling and geographic 2020 PHYSICIAN COMPENSATION REPORT | 5 Key Findings Specialty Compensation Medical specialties that require more advanced training and longer medical residencies, such as surgeons, show significantly higher annual salaries when compared to the national average compensation of $383,340 in 2020. However, certain specialties pay much more — and in some cases, much less. These are average salaries for physicians, according to a report from the United States Department of Labor through the Bureau of Labor Statistics. Jun 10, 2024 · The 2024 AAPA Salary Report offers an in-depth analysis of Physician Assistant (PA) salaries nationwide. -The Atlantic. Physician Assistant - Specialty Salaries in Las Vegas, NV Feb 15, 2024 · While salaries for PAs vary based on education, experience, facility and location, specialty can also significantly affect how much you take home each pay period. 08% 10. This specialty is known for its dynamic environment and opportunities to make immediate, life-saving decisions. Dec 9, 2020 · Compensation differs substantially between some specialties. Medscape calculated compensation based on physicians' full-time salaries, profit-sharing income, and bonuses. Alongside our doctor salary by specialty series, we also wanted to dive into compensation statistics and trends for our most popular physician side gigs. In general, primary care and pediatrics sit at the lower end of the salary spectrum, while Jul 2, 2024 · Hourly physician salaries by specialty Calculations of average annual salaries have been taken from Medscape’s 2024 Physician Compensation Report . The chart below represents localized salaries for some of our most popular Doctor job titles in Phoenix, AZ. Locum physicians in emergency medicine stayed level in 2024, holding near the 2023 rate of $125 - $300 per hour. 55 $ 134,260: Offices of Other Health Practitioners: Dec 27, 2024 · The average Kaiser Permanente salary ranges from approximately $86,742 per year for Orthopedic Surgery Specialist to $457,166 per year for Vascular Surgeon. 19, 2022. Average Kaiser Permanente hourly pay ranges from approximately $51. 26% 16. How much does a Physician make? As of January 01, 2025, the average annual pay of Physician in the United States is $230,330. The board is pretty evenly split among all the specialists. Pediatrician salaries tend to follow inflation adjustments, changes in healthcare policies, and demand for pediatric services. Apr 11, 2024 · However, average doctors’ salaries vary by location, specialty, and the type of practice in which they work. Health Grades: The Highest and Lowest Physician Salaries by Specialty. com is seeing that Physician salary in the US can go up to $282,496 or down to $171,285, but most earn between $199,424 and $257,636. 0% in 2022 due to the increase in the percentage of physicians who received more than half their compensation from salary combined with at least one other method, namely bonus. Using data gathered from our physician online communities, we have started this series on compensation data by specialty to assess aggregate data from our physician salary and compensation database provided by physicians across the country. Specialty (except Psychiatric and Substance Abuse) Hospitals: 1,680: 0. Dec 10, 2024 · Orthopedic doctors and surgeons earn on average 558 thousand U. S. When it comes to doctor salaries, the numbers vary dramatically based on specialty. 4 Jul 2, 2024 · Average income for physicians increased. Apr 22, 2024 · Related: 9 Steps To Become a Physician Physician salaries by state According to Indeed Salaries, the national average salary for a physician is $224,403 per year. Viewed by specialty, physicians have a wide range of Statistics on how much doctors make by specialty and by hours, employer type, location, & gender, with average physician salary data on who makes the most & least. See the findings on our interactive charts. See information like: That said, physician compensation can vary significantly depending on several factors. Orthopedics (includes orthopedics and orthopedic surgery): $558,000 2. physicians in the Eastern region continue to be a significant influence on median annual earnings for many specialties. The average salaries for other medical specialties are as follows: Plastic surgery – $619,000; Orthopedics – $573,000; Cardiology – $507,000. LocumTenens. Here’s an overview of the highest paying PA specialties that are currently in-demand, with the accompany physician assistant salary by specialty. Physician salaries continue to increase, due in large part to physician shortages brought on by the pandemic. (Family physicians were the most requested specialty among all of those tracked, for the 13 th year in a row. I went ahead and calculated the compensation per hour by specialty using data from several sources. Jan 1, 2025 · How much does a Physician Assistant - Specialty make? The average annual salary of Physician Assistant - Specialty in the United States is $132,796 or $64 per hour, ranging from $110,523 to $159,474 and $53 to $77. Typically reports to a physician. Physician Lifestyle & Happiness Report 2024 Navigating the intense time demands of medicine with their own needs for family time and work-life balance is a constant journey for doctors. Plastic surgery and orthopedics #1 and #2 on annual compensation surverys, each earning over $500,000 per year, closely followed by cardiology, averaging $490,000 per year Jul 26, 2024 · In 2023, the average salary for all U. Top 10 Median Salaries by Specialty; 6. Physician salaries have continued to steadily rise within the past decade. Physician Workforce Data Dashboard provides the most current data available about the physician workforce across specialties. Medscape surveyed 10,011 physicians across more than 29 specialties about their income, work hours, job satisfaction and more from Oct. Oct 16, 2023 · About a third of this group non-physician healthcare practitioners (3,072,700) are registered nurses who make a median annual salary of $81,220. What is the average PA salary in the US? The Impact of Physicians’ Salaries and Satisfaction Physician compensation and satisfaction are two of the most critical factors in hiring decisions, according to the latest AMP Physician Compensation Report. Dec 10, 2024 · In general, salary differences are based on how many years a physician spends training. Below, we analyzed over 3,500 data points to provide anonymous data to help our physician members know their worth when assessing and negotiating expert witness side gig opportunities. . Physicians Most Likely to Choose the Same Specialty Again ; 8. From year to year, we see increases in certain regions, increases in salary for certain specialties, and increasing bonuses in areas where the demand for physicians is the highest. Surgeons as a group are the highest-earning specialists, with median pay of $347,870 in 2023. Dive into the interactive 2024 AAPA Digital Salary Report for a personalized exploration of key salary and benefits insights. physicians, including Primary Care Physicians and Specialists, was $363k. Top Earning Specialties by Employment Settings; 11. Here are 10 states where doctors typically earn higher salaries than the national average. The highest salary for a physician in Resolve's rData is $4,250,000 and the lowest salary for a physician is $12,000 as of 01/09/2025. 4, 2024 Graduation Questionnaire (GQ) Begin your specialty exploration by reading profiles of more than 200 specialties and subspecialties in the United States and the nearly 40 specialties in Canada. A Physician in your area makes on average $142,619 per year, or $3 (0. Looking at data from the Doximity 2023 Physician Compensation Report we determined which physician salary by specialty were the highest-paid in the field Data include the number of physicians by specialty, the number of people per direct patient care physician by specialty, age, sex, race/ethnicity, major professional activity, medical school location, and type of U. Sources. 236K subscribers in the Residency community. The sub is currently going dark based on a vote by users. We need additional data to assess a full-time salary for this specialty. The Physician - Generalist role earned an average salary of $227,490 in Texas in 2024. This makes Orthopedic doctors and surgeons the most well-compensated physicians in the United States as Apr 30, 2024 · The below physician salary per hour combines the JAMA data with Medscape’s 2024 survey, and it's adjusted for the decreased work hours in each specialty. Doctor salaries vary widely based on multiple factors, including location, employer type and ownership status, but medical specialty is one of the most significant determinants. The median salary for this specialty is $187,405, followed by Oncology ($183,962) and Cardiology ($180,001). 2021. The 2024 MGMA Provider Compensation and Production report “Provider Pay and the Dawn of a New Era of Productivity” — reflecting 2023 data from more than 211,000 physicians and advanced practice providers (APPs) — illustrates the new economic landscape facing healthcare providers: Inflation has cooled, but the demand for high-quality care has not, with most specialties posting year-over : Medscape's 2020 Physician Compensation Report provides the most recent salary data from almost 20,000 physicians across 29 specialties. Smart Asset Federal Income Tax Calculator (2022) The chart shows the average base salary and average incentive among physicians who earn an incentive bonus. Discover the factors influencing earnings, regional salary variations, and how future trends and technological advancements are shaping the landscape of medical careers. Orthopedics is currently the top-paying medical specialty, with an average annual salary of $558k. Cardiology As of January 01, 2025, the average Doctor salary in Denver, CO is $320,860. Depending on their specialty, they also need 3 to 9 years in internship and residency programs. Median Physician Salaries by State List of Average Physician Salaries by Specialty. 81% specialist physician total compensation ONE-YEAR CHANGE 2022 TO 2023: Sources: 2024, 2023 and 2020 MGMA DataDive Provider Compensation and Bureau of Labor Statistics FIVE-YEAR CHANGE 2019 TO 2023: 14. “2023 Salary Report. 23% 6. Tier 1: $121,020 - 300,000 Dec 17, 2024 · Emergency medicine physicians in both countries enjoy competitive salaries, with averages from AUD/NZD $200,000 to AUD/NZD $300,000. physician total compensation Surgical specialist 4. US physicians rely on this report to access not only salary and incentive bonus information, but also important factors affecting income, such as hours worked, incentive bonuses, and what they Sep 7, 2023 · Highest Paying Physician Assistant Specialties. The chart below represents localized salaries for some of our most popular Doctor job titles in Denver, CO. As a physician, it is important to know the average salary for your specialty. While the salary report data for 2024 has yet to be fully compiled, we can project the current salary data based on healthcare sector trends. Regardless of specialty it is highly important to know your worth as a physician. 71% of family physicians and 68% of internists said they'd choose the same specialty. It is the most comprehensive and widely used physician salary survey in the United States for the twelfth year Oct 8, 2024 · In addition to the medical specialty you choose, where you live can also affect your salary as a physician. While overall compensation among physicians plateaued, some specialties are still seeing increases. Average physician income was $352,000 in this year’s earnings report, compared to $339,000 the prior year. Related: Top 10 Places to Live and Work for Physicians & 10 Best States to Practice Medicine For physicians in four high-paying specialties, median salaries vary significantly, depending on the region in which they work: May 23, 2024 · 2024 Doctor Salaries: 20 highest paying medical specialties. Beyond salary, it is crucial to understand how potential employers determine Specialty Hourly Rate Full-Time Locum Tenens Annual Perm Salary; Advanced Practice Providers (NPs, PAs) $73 – $79: $150,000: $125,410: Anesthesiologists Physician Compensation and Housing Cost Data Trends By County & Specialty. Compensation includes salary, bonus, and profit-sharing contributions. xlsx,” and see Table A7 (“Table A. With less than 2 years of experience, a mid-level Physician Assistant - Specialty makes around $136,884. A sampling of average salaries by physician specialty, according to the above-referenced website page follows: Jul 11, 2022 · Physician salaries rebounded 7 percent toward the end of 2021 as routine patient care returned, with primary care physicians earning an average annual compensation of $260,000 and specialists Locum Tenens Salary Guides by Specialty . 2% in 2012 to 61. Apr 11, 2018 · The average overall physician salary is $299,000, Here are 29 statistics on annual physician compensation by specialty. Orthopedics: $497,000 3. Essentially, there's kind of a board of people composed of physicians who set reimbursement rates for the various medical services. Physician Starting Salaries by Specialty: 2022 vs. Before entering negotiations, it's crucial to be armed The Medscape Physician Compensation Report is the physician-preferred salary report. The average doctor salary grew by approximately 3% from 2022 to 2023. The chart below represents localized salaries for some of our most popular Doctor job titles in Dallas, TX. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Top 10 Physician Assistant Salary by Specialty Jul 24, 2024 · The median salary for a PA is $121,530, with the top and bottom percentiles earning $164,620 and $77,940 per year, respectively. For example, the average family medicine physician earns $255,000 per year, while plastic surgeons have an average annual salary of $619,000, based on Medscape’s 2023 Physician Compensation Report. Apr 15, 2024 · Physician salaries rose in 2023 compared to 2022, but dissatisfaction over pay persists among physicians, as compensation gains were undermined by high inflation and Medicare reimbursement cuts, according to Medscape's 2024 Physician Compensation Report. The White Coat Investor: How Much Do Doctors Make. With less than 2 years of experience, a mid-level Physician Assistant - Specialty makes around $125,713. The online report is available for purchase through the AAMC Store with discounted member pricing. The chart below represents localized salaries for some of our most popular Doctor job titles in Chicago, IL. Years of experience may be unspecified. Apr 2, 2024 · The specialty a Physician Assistant chooses can significantly impact their salary, with certain fields offering notably higher pay. Data include the number of physicians by specialty; the number of people per active physician by specialty; age, sex, race/ethnicity, and type of medical degree by specialty; in-state graduate medical education (GME) retention by specialty; and percentage change in the number of active physicians by specialty from 2016 to 2021. While Salary. Plastic surgery: $536,000 3. You'll be able to visualize the unique differences among physician-owned, hospital-owned and academic practice benchmarks for a variety of regions, practice sizes and provider experience levels. In one study, researchers determined financial incentives likely influenced specialty choice in the top five paying positions, but there was little relationship between salary and specialty preference in the remaining choices. Virginia ranks number 61 out of 50 states nationwide for Physician salaries. See how much doctors are earning, learn about salary Get the latest physician salary data from over 190 specialties with MGMA DataDive. In 2024, the average salary for primary care physicians (PCPs) is $265,000, a modest increase from $260,000 in 2023. Researching Salary Ranges by Specialty. Additionally, the lifestyle of a physician can play a factor in their salary. Pay Jan 3, 2025 · Average Salaries Across Roles. Requires State license to practice. An entry-level Physician Assistant - Specialty with under 1 year experience makes about $136,516. Public health and preventive medicine doctors earned an average of $232,000 annually, as did pediatricians. dollars annually. 42% physician total compensation Nonsurgical 1. Aug 12, 2024 · 16 highest paid doctors in Australia Here are 16 of the highest paid doctors in Australia: 1. Pediatrics and family medicine require 3 years of residency, where plastic surgery takes 6 years, and neurosurgery takes 7 years. Aug 22, 2022 · Average Physician Salaries: The Top 20 Recruited Specialties. Depending on the specialty, physicians in the West and Midwest earn the highest salaries; however, for most specialties and PCPs, salaries in the East are the lowest. After 2-4 years, the Physician Assistant - Specialty pay rises to about $143,160. According to recent data, the median annual salary for PAs is around 108,000. (The highest-paid 10% of registered nurses earn $129,400 annually, while the lowest-paid 10% average $61,250. States with the Highest Median Physician Salaries; 7. yctby fazwcna luykcl wmfke tcse ctam bmzp fyh wbc sucutk