Physician pay increasing at slower rate
Income growth for most doctors is slowing, with drops found in five specialties from last year, according to Modern Healthcare magazine’s survey of eleven different physician compensation studies.
The bottom line: Primary care pay increases continue to slow, specialist pay is expected to climb, and more incentive pay is being offered to physicians.
Overall, physicians received cost-of-living increases of about 3% last year. Big winners, with raises ranging from 0.8% to 15.1%, were anesthesiology, noninvasive cardiology, emergency medi cine, family practice, internal medi cine, pathology, pediatrics, psychiatry, and urology.
Specialties singing the paycheck blues, with drops between 1.9% to 10.5%: general surgery, neurology, OB/GYN, oncology, and radiology.
Typical pay ranges reported last year for specific specialties included:
— anesthesiology: $184,000 to $270,462;
— cardiology (noninvasive): $175,000 to $345,849;
— emergency medicine: $161,857 to $187,000;
— family practice: $126,800 to $164,069;
— general surgery: $166,000 to $261,749;
— hospitalists: $133,400 to $154,874;
— internal medicine: $135,000 to $159,906;
— neurology: $131,000 to $179,944;
— OB/GYN: $155,000 to $263,527;
— oncology: $175,000 to $337,603;
— pathology: $132,583 to $256,933;
— pediatrics: $120,000 to $151,396;
— psychiatry: $131,000 to $155,547;
— radiology: $145,000 to $292,278;
— urology: $147,000 to $360,153.
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