How physician pay has changed in the last 5 years 

Here’s how much physicians were paid on average over the last five years, pulled from Medscape’s physician compensation reports:

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2024

Primary care physicians: $277,000

Specialists: $394,000

2023

Primary care physicians: $265,000

Specialists: $382,000

2022

Primary care physicians: $260,000

Specialists: $368,000

2021

Primary care physicians: $242,000

Specialists: $344,000

2020

Primary care physicians: $243,000

Specialists: $346,000

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