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According to the 2022 Medscape Physician Compensation Report, physicians on average earn $339K annually. Primary care physicians earn $260K annually while specialists earned $368K annually. [6] The table below details the average range of salaries for physicians in the US of medical specialties: [6] [7]
The average salary for white male physicians was $253,000 compared with $188,230 for black male physicians, $163,000 for white female physicians, and $153,000 for black female physicians. [19] [20] Medscape's 2019 Physician Compensation Report found that "males out-earned their female counterparts in both primary care and specialist positions ...
May 28—MORGANTOWN — The average annual salary for physicians increased in 2023 after taking a dip in 2022, according to a newly released report featured in Becker's Hospital Review. The ...
Medscape is a website providing access to medical information for clinicians and medical scientists; the organization also provides continuing education for physicians and other health professionals. It references medical journal articles, Continuing Medical Education (CME), a version of the National Library of Medicine 's MEDLINE database ...
It decreased slightly to 23% in 2023 from the 26% of 2022, according to the report, but it remains significant. Women physicians earn, on average, nearly $102,000 less than their male counterparts.
The Sunshine Act requires manufacturers of drugs, medical devices, biological and medical supplies covered by the three federal health care programs Medicare, Medicaid, and State Children's Health Insurance Program (SCHIP) to collect and track all financial relationships with physicians and teaching hospitals and to report these data to the Centers for Medicare and Medicaid Services (CMS).
For instance, a September 2022 report from the University of Hawaiʻi System found that the collection of islands faces "a severe physician shortage". [6] A piece published that same month by Spectrum News 1 - Ohio described the Midwestern state as featuring a shortage "that's expected to hit rural areas the hardest."
Pay for performance systems link compensation to measures of work quality or goals. Current methods of healthcare payment may actually reward less-safe care, since some insurance companies will not pay for new practices to reduce errors, while physicians and hospitals can bill for additional services that are needed when patients are injured by mistakes. [1]