10 specialties with the highest pay increases

Hematologists saw the greatest average salary growth among physicians in 2023, according to Doximity’s “Physician Compensation Report” for 2024, published May 23. 

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Doximity analyzed 33,000 physician compensation surveys completed between January and December 2023, which contained data from about 150,000 compensation surveys of physicians practicing at least 40 hours a week that were conducted over the last five years.

Here are the 10 specialties that had the highest average annual compensation growth in 2023:

  1. Hematology: $392,260 | +12.4%
  2. Family medicine: $300,813 | +10.2%
  3. Infectious disease: $314,626 | +9%
  4. Plastic surgery: $619,812 | +8.5%
  5. Occupational medicine: $317,610 | +8.5%
  6. Oral and maxillofacial surgery: $603,623 | +8.4%
  7. Nephrology: $365,323 | +7.7%
  8. Pediatric emergency medicine: $309,124 | +7.5%
  9. Oncology: $479,754 | +7.3%
  10. Psychiatry: $332,976 | +7.2%

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