- Pediatricians averaged $251,000 in compensation annually.
- Pediatrician compensation increased by 3 percent between 2022 and 2023.
- Forty-five percent of pediatricians reported feeling fairly compensated.
- The average incentive bonus for pediatricians was $31,000.
- Male pediatricians earn more annually than their female counterparts, earning $271,000 compared to $240,000 annually.
- Thirty-six percent of pediatricians reported competition from nonphysician practitioners as having the most negative effect on their compensation.
- Fifteen percent of pediatricians take home other medical-related work to supplement their income.
- Sixty-nine percent of pediatricians said they will continue taking new and current Medicare or Medicaid patients.
- Fourteen percent of pediatricians said they would drop insurers that pay the least.
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.