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A new analysis examining survey data from 37,000 physicians across all healthcare specialties found the average physician reported a 3.7% increase in pay, following a nearly 6% increase from the same survey just a year ago, conducted by physician-networking platform Doximity. The perpetual gender gap—in which women physicians are paid significantly less than their male counterparts—shows no sign of catching up. In this year’s survey, there is a 26% gap between women and men after adjusting for specialty, location, and years of experience. When considering compensation by employment setting, the organization found that urgent care physicians ranked only second-last to those who work in government-based practice settings. What’s more, urgent care physicians earn about 35% less than the highest earners—the single specialty group physicians. Average annual compensation was adjusted for specialty, location, and years of experience to arrive at the figures below.
There’s good news, however: Average physician compensation increased across all settings in this latest installment of the organization’s survey, and urgent care docs show the highest year-over-year growth at 6.7%.
Practice Setting | Average Physician Compensation |
---|---|
Single Specialty Group | $476,807 |
Multi-Specialty Group | $461,671 |
Solo Practice | $457,562 |
Hospital | $439,319 |
Health System/IDN/ACO | $438,983 |
Health Maintenance Organization | $411,687 |
Industry | $396,059 |
Academic | $382,223 |
Hospital/System – Ambulatory | $370,278 |
Urgent Care Center/Chain | $307,768 |
Government | $303,385 |
Read More
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