Physician Compensation Grew Most For These 5 Specialties


 
5.8k
Shares
 

By Emily Rappleye

Physician compensation increased across the board from 2017 to 2018, with primary care physicians earning a 3.4 percent increase, specialty physicians earning a 4.4 percent increase and advanced practice providers earning 2.9 percent more, according to data from the Medical Group Management Association.

Physician pay has followed an upward trajectory over the past five years, with total compensation growing between 7 percent and 11 percent across all specialties. MGMA credits this growth in compensation to the physician shortage. The tight labor market leaves many practices competing to attract new hires, driving up salary and compensation packages.

Here are the five specialties that experienced the biggest increase in median total compensation in 2018:

Diagnostic radiology — 7.71 percent increase in median total compensation

Obstetrics/gynecology — 7.69 percent increase

Surgery, neurological — 7.46 percent increase

Cardiology, noninvasive — 7.45 percent increase

Neurology — 6.72 percent increase

Data is based on a voluntary survey of more than 147,000 providers across 5,500 organizations.


 
5.8k
Shares
 

Articles in this issue:

Journal of Medicine Sign Up

Get the Journal of Medicine delivered to your inbox.

Thank you for subscribing.

No membership required*

Masthead

    • Editor-in Chief:
    • Theodore Massey
    • Editor:
    • Robert Sokonow
    • Editorial Staff:
    • Musaba Dekau
      Lin Takahashi
      Thomas Levine
      Cynthia Casteneda Avina
      Ronald Harvinger
      Lisa Andonis

Leave a Comment

Please keep in mind that all comments are moderated. Please do not use a spam keyword or a domain as your name, or else it will be deleted. Let's have a personal and meaningful conversation instead. Thanks for your comments!

*This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.