The average pay for doctors declined 2.4% in 2022, coming at a time when U.S. healthcare workers are facing significant challenges, including economic strains, a growing physician shortage and high rates of work-related burnout.
Doximity’s annual Physician Compensation Report also added to the list of challenges a 2% Medicare payment cut for physicians after two decades of flat payments.
The report – which includes self-reported compensation data from over 190,000 U.S. doctors over six years and more than 31,000 full-time physicians in 2022 – also highlights the substantial gender pay gap among physicians, with men earning nearly $110,000 more than their women counterparts in 2022.
This represents a 26% gender pay gap, even when salaries were controlled for specialty, location and years of experience. Read more.
