Becker's Healthcare September 26, 2024
Claire Wallace

The average compensation for millennial physicians — defined as those under age 40 — reached $338,000 in 2023, up from $326,000 the year prior, according to a new Medscape report.

The publication released its “How Much Green Comes With the White Coat? Medscape Millennial Physician Compensation Report 2024” on Sept. 26. The findings are based on the responses of 7,000 U.S. practicing physicians who participated in an online survey between October 2023 and January 2024.

Here are 10 more things to know about millennial physician compensation from the report:

1. Millennial specialists earn more than their primary care counterparts, at $357,000 and $271,000, respectively.

2. Millennial female physicians are earning substantially less than their male counterparts, at...

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Topics: Physician, Provider, Survey / Study, Trends
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