7 compensation updates in August physicians should know

Here are seven compensation updates Becker’s reported in August that physicians should know:

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  1. Pediatricians average $251,000 in compensation annually.
  2. Thirty-one percent of employed physicians’ compensation is structured by salary only.
  3. Emergency medicine specialists earned an average of $350,000 in 2018. In 2023, that figure increased to $352,000, an increase of 0.57 percent – the lowest five-year salary increase among 29 specialties.
  4. Urologists earned an average of $373,000 in 2018. In 2023, that figure grew to $506,000, an increase of 36 percent — the highest five-year salary increase among 29 specialties.
  5. 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.
  6. Consulting was the top source for a secondary income among physicians in 2022.
  7. The national average salary among internal medicine physicians in the U.S. is $225,270.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Beyond go-live: Scaling autonomous coding across the enterprise

Tuesday, August 25
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Presenters: Brytani Griner, MS, RHIA, CRCR, CHFP, Ensemble Health PartnersBrinton Frisby, Solventum

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