Solo practice physicians see pay jump: Compensation growth by employment type

Physician pay in a solo practice jumped 3 percent in the last year, according to 2023 data from online networking service Doximity.

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Doximity determined the pay growth by analyzing tens of thousands of job postings across its network for 2022. 

Employment setting 

Compensation change

2022 average compensation

Single specialty group

-.7 percent

$438,959

Solo practice

+3 percent

$428,112

Multispecialty group

-.7 percent

$421,159

Health system

+1.4 percent

$400,207

Hospital

-.1 percent

$398,954

Industry/pharmaceutical

-.8 percent

$392,534

Health maintenance org.

+3.4 percent

$387,393

Academic

-.9 percent

$347,013

Government

+1.8 percent

$269,189

Urgent care center

-1 percent

$264,727

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