The report collected data from Medical Economics’ physician audience on salary, productivity and more.
Here are the average incomes for physicians in different practice settings from 2019 to 2022:
Private practice
2019: $282,000
2020: $268,000
2021: $264,000
2022: $284,500
Hospital-owned practice
2019: $290,000
2020: $297,000
2021: $289,000
2022: $292,000
Inpatient hospital
2019: $276,000
2020: $274,000
2021: $262,000
2022: $291,000
Nonprofit
2019: $248,000
2020: $254,000
2021: $233,000
2022: $236,000
Concierge practice/ direct pay model
2019: N/A
2020: N/A
2021: N/A
2022: $314,000
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