2022 Medscape Physician Compensation Report
Medscape member physicians participated in this survey to report individual salaries. As such, this compensation survey provides insight into general trends in physician compensation.
MGMA and Sullivan Cotter are the largest compensation surveys in the nation. Medical practices use these data to create compensation packages. In order to negotiate your value, you need the fair market value data. Read further for insights from the 2022 Medscape Compensation Report.
Physician Salary Trends
Self employed physicians earned 20% more than employed physicians overall.
15% of physicians reported that they were not given an annual raise and 10% of physicians reported a reduction in hours.
57% of physicians have an incentive bonus in their compensation plan.
48% of physicians in general surgery do not feel fairly compensated.
34% of physicians in plastic surgery do not feel fairly compensated.
The Gender Wage Gap
Women earned 25% less than men in primary care.
The wage gap in primary care increased by 2% from 2012 to 2022.
The wage gap was even larger for physicians in specialties, with men earning 31% more than women.
The gender wage gap in specialists salaries has declined slightly over the years, from 37% in 2017 to 31% in 2022.
Physician Compensation by Racial and Ethnic Group
Top Earning States for All Physicians
Are you interested in reviewing your salary? We can help you determine fair salary based on your unique location, skills, and specialty. Contact us to learn more.
