Medical Economics collected data from its physician audience on salaries, productivity, malpractice rates and the state of the profession. Data covers 2023 and was collected from physicians who responded to email invitations during the first and second quarter of 2024.
Here is a breakdown of average pretax income for both employed physicians and practice owners in 2023:
Internal medicine: $270,000, up from $253,000 in 2022
Family medicine: $265,000, up from $245,000 in 2022
Pediatrics: $235,000, up from $216,500 in 2022
OB-GYN: $290,000, up from 285,500 in 2022
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