Female physicians saw 6% raise over last year: 8 notes

Female physicians saw a 6.4% raise in compensation last year, narrowing the gender pay gap, a Medscape report found.

"A Good Year for Paychecks: Medscape Female Physician Compensation Report 2023," released Oct. 23, found male physicians earned nearly 27% more on average than women in the field in 2022, a decrease from 31% in 2021.

Here are six other notes:

  • The average female physician made $239,000, compared to the average man at $286,000, a 19% difference. It is the lowest gap in five years.

  • Women younger than 35 had the smallest wage gap at 26% compared to other age groups, with women making $239,000 compared to $300,000 for men.

  • Female physicians made the most in hospitals, healthcare organizations and academic, research, military or government organizations.

  • Men and women qualified almost equally for incentive bonuses; however, female primary care physicians received $8,000 less and female specialists received $34,000 less than their male counterparts.

  • Self-employed female physicians made an average of $6,000 more than employed female physicians.

  • Forty-eight percent of female physicians feel fairly paid, compared to 55% of their male counterparts.

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