The median yearly compensation increased by 10 percent or more in 11 physician specialties compared to last year, according to Sullivan Cotter's 2022-23 "Physician Compensation and Productivity" report.
The report includes data from more than 306,000 physicians and advanced practice providers across 920 hospitals, health systems and medical groups.
Here are the 11 specialties that saw the increases in median total cash compensation of 10 percent or more in 2023. Only specialties with at least 500 physician respondents were included in the report.
|
Specialty |
Median compensation |
Percent change (2022-23) |
|
Hospitalist-internal medicine |
$326,417 |
14% |
|
Family medicine with obstetrics |
$289,931 |
13% |
|
Neonatal-perinatal medicine |
$332,880 |
13% |
|
Pediatrics |
$270,666 |
12% |
|
Medical oncology |
$406,258 |
11% |
|
Urgent care |
$310,535 |
11% |
|
Anesthesiology |
$472,727 |
10% |
|
Critical care medicine |
$460,312 |
10% |
|
Emergency medicine |
$374,147 |
10% |
|
Obstetrics and gynecology |
$378,411 |
10% |
|
Psychiatry (child and adolescent) |
$281,262 |
10% |