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.