What practice setting pays young physicians the most

Physicians under 40 earn the highest salary working in office-based single-specialty groups, according to the Medscape 2023 “Young Physician Compensation Report” published Sept. 26. 

Advertisement

This is the third year in a row that office-based single-specialty physicians have noted receiving the highest compensation, reporting an average of $339,000 in 2022. 

Young physician compensation by practice setting: 

1. Office-based single-specialty group practice: $339,000 

2. Healthcare organization: $335,000 

3. Hospital: $332,000 

4. Office-based multispecialty group practice: $329,000 

5. Office-based solo practice: $318,000 

6. Academic/research/military/government: $318,000 

7. Outpatient clinic: $279,000 

8. Other: $328,000

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.