Compensation Issues

Sponsored by VMG Healthinfo@vmghealth.com | 214.369.4888

10 cities with highest, lowest average physician compensation

Listen

Physicians saw a 1.5 percent average increase in pay between 2019 and 2020, a relatively low figure compared to the up to 4 percent increases seen in previous years, according to Doximity's 2020 Physician Compensation Report.

Doximity collected self-reported compensation survey data from more than 44,000 licensed U.S. physicians who practice at least 40 hours a week. The report examines how compensation changed from 2019-20, evaluating trends across metropolitan areas, medical specialties, gender and employment type.

Researchers found metro areas with lower average compensation often house more academic institutions and health systems, which can pay less than private institutions.

Ten metro areas with the highest average physician compensation:

1. Milwaukee — $430,274
2. Atlanta — $428,244
3. Jacksonville, Fla. — $427,090
4. Buffalo, N.Y. — $407,070
5. Orlando, Fla. — $406,587
6. Raleigh, N.C. — $406,365
7. Charlotte, N.C. — $404,285
8. Minneapolis — $401,978
9. Riverside, Calif. — $397,005
10. Dallas — $396,184

Ten metro areas with the lowest average physician compensation:

1. San Antonio, Texas — $329,475
2. Virginia Beach, Va. — $331,952
3. Boston — $347,894
4. Baltimore — $348,389
5. Washington, D.C. — $351,572
6. Denver — $352,073
7. Philadelphia — $354,788
8. Memphis, Tenn. — $356,875
9. Louisville, Ky. — $360,609
10. Providence, R.I. — $365,807

To view Doximity's full report, click here.

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars