While average physician compensation increased by 3.8 percent in 2021, a Consumer Price Index inflation rate of 6.2 percent meant physicians saw a decline in real income last year, according to medical networking service Doximity's 2021 Physician Compensation Report.
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COVID-19 caused a slight increase in physician retirement, but nearly three-quarters of physicians reporting being overworked, according to Doximity's "2021 Physician Compensation Report" released Dec. 16.
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Single specialty group practices topped the list for average physician compensation in 2021, according to Doximity's "2021 Physician Compensation Report" released Dec. 16. Multispecialty group practices and solo practices were second and third, respectively.
Three surgical specialties landed in the top 10 specialties with the fastest-growing compensation in 2021, according to Doximity's "2021 Physician Compensation Report" released Dec. 16.