Physician pay is decreasing in four specialties, according to Merritt Hawkins and AMN Healthcare's 2022 "Review of Physician and Advanced Practitioner Recruiting Incentives."
The report is based on 2,695 physician and advanced practitioner job search engagements conducted from April 1, 2021, to March 31, 2022. Merritt Hawkins and AMN Healthcare are both physician staffing companies hired to look for physicians in these specialties for the last year.
Here are the four specialties for which average starting salaries dropped over the past year, ranked by percent decrease:
- Cardiology (Interventional): 13.7 percent decrease — from $611,000 to $527,000
- Hematology: 5.2 percent decrease — from $426,000 to $404,000
- Radiology: 2.1 percent decrease — from $465,000 to $455,000
- Pediatrics: 1.7 percent decrease — $236,000 to $232,000