Doximity has released its 2020 physician compensation report comparing average salary differences across specialties.
Overall, the average compensation increased across sectors. The government sector saw the smallest increase with .6% increase in compensation, and the multi-specialty group sector saw a 4.1% jump.
Researchers compiled the report from surveys of about 44,000 full-time, licensed U.S. physicians who work at least 40 hours a week.
Here are key findings about average compensation in 10 sectors:
Multispecialty-group: $408,901
Health maintenance organizations: $370,235
Industry/pharmaceutical: $387,601
Health system/IDM/ACO: $381, 984
Single specialty group: $425,341
Urgent care center: $244,464
Solo practice: $396,913
Academic: $337,298
Hospital: $380,003
Government: $252,809