The average physician in solo practice in 2022 made $251,000, according to Medical Economics' "94th Physician Report" released Aug. 4.
The report collected data from Medical Economics' physician audience on salary, productivity and more.
Here are the average incomes for physicians in different sizes of practices from 2019 to 2022:
Solo practice
2019: $253,000
2020: $242,000
2021: $247,000
2022: $251,000
Two physicians
2019: $280,000
2020: $259,000
2021: $267,000
2022: $285,000
Three to 10 physicians
2019: $282,000
2020: $287,000
2021: $271,000
2022: $281,000
Eleven to 50 physicians
2019: $277,000
2020: $281,000
2021: $283,000
2022: $285,000
More than 50 physicians
2019: $286,000
2020: $286,000
2021: $292,000
2022: $300,000