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Average incentive bonus for 19 physician specialties

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Physicians practicing orthopedics have the highest average incentive bonus among specialties, according to Medscape's "Physician Compensation Report 2021."

To identify physicians' average incentive bonus, Medscape researchers surveyed about 18,000 U.S. physicians in more than 29 specialties. Data was collected from Oct. 6, 2020, through Feb. 11, 2021, after the COVID-19 pandemic began.

Researchers said the average incentive bonus (among physicians who received a bonus) was 15 percent of total salary last year and remained about the same this year.  

Here is this year's average incentive bonus by specialty, for specialties with sufficient sample sizes. The list, released April 16, includes ties at Nos. 3 and 17.

1. Orthopedics and orthopedic surgery: $116,000

2. Ophthalmology: $87,000

3. Otolaryngology: $72,000

3. Urology: $72,000

5. Cardiology: $71,000

6. Radiology: $69,000

7. Gastroenterology: $60,000

8. Anesthesiology: $55,000

9. OB/GYN and women's health: $48,000

10. Surgery, general: $47,000

11. Emergency medicine: $44,000

12. Pathology: $42,000

13. Critical care: $41,000

14. Neurology: $39,000

15. Physical medicine and rehabilitation: $37,000

16. Family medicine: $27,000

17. Internal medicine: $26,000

17. Pediatrics: $26,000

19. Psychiatry: $24,000  

Read more about the report and methodology here

 

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