Employed vs. self-employed physician pay: Medscape

Self-employed physicians outearn their employed counterparts on average, according to Medscape's 2024 "Physician Compensation Report" released April 12. 

The report surveyed 7,000 physicians across 29 specialties from Oct. 2 to Jan. 16. 

Here's how self-employed and employed physician pay stacked up:

Employed physicians:

2023: $353,000

2022: $344,00

Self-employed physicians:

2023: $391,000

2022: $374,000

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