Self-employed physicians have outearned employed consistently since 2019.
Here is how employed and self-employed physician pay stacked up in the last five years, according to Medscape annual compensation reports.
Employed physicians:
2023: $353,000
2022: $344,00
2021: $320,000
2020: $300,000
2019: $297,000
Self-employed physicians:
2023: $391,000
2022: $374,000
2021: $385,000
2020: $352,000
2019: $357,000