How compensation has changed for employed vs. independent physicians

Physician networking site Doximity released its 2019 physician compensation report comparing average salary differences among specialties, as well as how salaries have changed at different practice settings.

Doximity compiled the report from surveys completed by 90,000 licensed, full-time U.S. physicians who work at least 40 hours a week.

How salary differs among practice settings:

Single specialty group
2018 average compensation: $377,414
2017 average compensation: $373,240
Change: 1 percent increase

Solo practice
2018 average compensation: $366,967
2017 average compensation: $354,624
Change: 3 percent increase

Multispecialty group
2018 average compensation: $360,767
2017 average compensation: $355,972
Change: 1 percent increase

Health system/accountable care organization/integrated delivery network
2018 average compensation: $342,027
2017 average compensation: $341,444
Change: .017 percent increase

Industry / Pharmaceutical
2018 average compensation: $337,547
2017 average compensation: $289,469
Change: 17 percent increase

Hospital
2018 average compensation: $330,433
2017 average compensation: $355,094
Change: 7 percent decrease

Health maintenance organization
2018 average compensation: $327,784
2017 average compensation: $330,523
Change: 1 percent decrease

Academic
2018 average compensation: $307,180
2017 average compensation: $338,449
Change: 9 percent decrease

More articles on benchmarking:
Top 10 states for medical malpractice lawsuits
Top, bottom 10 states for PA salary
12 statistics to know about nursing salaries, practice settings

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months