Becker's Healthcare March 24, 2023
Physician pay increases have failed to keep up with inflation rates in recent years, with average physician compensation declining by 2.4 percent last year. This decline is compared with an increase of 3.8 percent the prior year, according to Doximity’s 2023 “Physician Compensation Report.”
Five findings:
1. Considering the peak inflation rate of 9.1 percent last year, most physicians in the U.S. experienced a significant decrease in real income.
2. At 6.3 percent, Oklahoma City experienced the largest increase in physician compensation, according to the survey. Baltimore followed close behind at 4.6 percent.
3. Charlotte, N.C. ($430,890) and St. Louis ($426,370) remained the top two metropolitan areas...
Today's Sponsors
Today's Sponsor