Is employed physician pay trending up or down

Employed physician pay has been trending upward every year for the last five years, according to Medscape’s annual “Physician Compensation” reports. 

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Between 2019 and 2023, employed physician pay has jumped $64,000, or 22%. Here is how employed physician pay has risen since 2019: 

2023: $353,000

2022: $344,000

2021: $300,000

2020: $297,000

2019: $289,000

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