6 compensation updates physicians should know

Here are six updates on physician compensation that Becker’s has reported on since June 29:

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  1. Radiologists were the highest paid among the top five most requested providers in recruitment searches in the Midwest, with an average salary of $495,600.
  2. Consulting was the top source for a secondary income among physicians in 2022.
  3. The national average salary among internal medicine physicians in the U.S. is $225,270.
  4. The average physician earns $243,400 in wages and $350,000 in total individual income.
  5. Contributing to charity was the top thing physicians took tax breaks on in 2022.
  6. Internal medicine reported the highest pay increase of any specialty featured in the AMGA’s “Medical Group Compensation and Productivity Survey.”

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