Female physician pay in 2023: 8 things to know

Fifty-two percent of female physicians said they don’t feel fairly compensated, according to Medscape’s “Female Physician Compensation Report 2023.”

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The report was compiled from a survey of 10,011 respondents across more than 29 specialties.

Here are seven other things to know about female physician compensation from the report:

  1. Women reported $300,000 in average annual earnings, compared to $386,000 by their male counterparts.
  2. The gender pay gap decreased to 29%, compared to 32% in 2021 and 34% in 2020.
  3. Female physicians between the ages of 45 and 49 earned the most, averaging $311,000 annually.
  4. Female physicians make the most in hospital settings, averaging $315,000 annually.
  5. Fifty-seven percent of primary care physicians and 56% of specialists reported qualifying for incentive bonuses.
  6. Female primary care physicians and specialists earned $29,000 and $46,000 annually in incentive bonuses, respectively.
  7. Self-employed female physicians earn more than their employed counterparts, averaging $305,000 and $299,000, respectively.

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