Sign-on bonuses for 9 physician specialties

Median sign-on bonuses in 2023 varied across physician specialties, according to Sullivan Cotter’s 2022-23 Physician Compensation and Productivity Report

Advertisement

The report examines data on more than 306,000 physicians and advanced practice providers from 920 hospitals, health systems and medical groups.

The following are median sign-on bonuses for nine specialties in 2023. Two-thirds of newly recruited physicians received a sign-on bonus.

Internal medicine: $25,000

Family medicine: $20,000

Gastroenterology: $20,000

Neurology: $20,000

Psychiatry – general: $20,000

Emergency medicine: $18,000

Pediatrics – general: $15,000

Hospitalist – internal medicine: $12,500

Obstetrics/gynecology – general: $12,500

Click here for a list of specialties with the largest median compensation jumps overall in 2023.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-MetrixPaul Summers, Nevada Heart & Vascular

Advertisement

Next Up in Compensation Issues

Advertisement

Comments are closed.