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. 

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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.

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