20 statistics on physician compensation, employment by age

Medscape released its 2019 young physician compensation report, comparing employment and compensation by age group.

Over 3,400 physicians under 40 participated in Medscape's survey.

Twenty statistics to know:

How much physicians earn by age group

Specialty physicians
1. Age 40-69: $358,000
2. Under age 40: $294,000

Primary care
3. Age 40-69: $253,000
4. Under age 40: $193,000

Employment vs. self-employment

Employed
5. Age 40-69: 60 percent
6. Under age 40: 79 percent

Self-employed
7. Age 40-69: 34 percent
8. Under age 40: 16 percent

Physician compensation by practice situation

Office-based specialty group
9. Age 40-69: $341,000
10. Under age $281,000

Hospital
11. Age 40-69: $347,000
12. Under age 40: $273,000

Office-based multispecialty group practice

13. Age 40-69: $316,000
14. Under age 40: $253,000

Healthcare organization
15. Age 40-69: $329,000
16. Under age 40: $251,000

Academic
17: Age 40-69: $308,000
18. Under age 40: $248,000

Outpatient clinic
19. Age 40-69: $270,000
20. Under age 40: $201,000

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