Medscape released its 2019 young physician compensation report, comparing employment and compensation by age group.
Over 3,400 physicians under 40 participated in Medscape's survey.
Twenty statistics to know:
How much physicians earn by age group
Specialty physicians
1. Age 40-69: $358,000
2. Under age 40: $294,000
Primary care
3. Age 40-69: $253,000
4. Under age 40: $193,000
Employment vs. self-employment
Employed
5. Age 40-69: 60 percent
6. Under age 40: 79 percent
Self-employed
7. Age 40-69: 34 percent
8. Under age 40: 16 percent
Physician compensation by practice situation
Office-based specialty group
9. Age 40-69: $341,000
10. Under age $281,000
Hospital
11. Age 40-69: $347,000
12. Under age 40: $273,000
Office-based multispecialty group practice
13. Age 40-69: $316,000
14. Under age 40: $253,000
Healthcare organization
15. Age 40-69: $329,000
16. Under age 40: $251,000
Academic
17: Age 40-69: $308,000
18. Under age 40: $248,000
Outpatient clinic
19. Age 40-69: $270,000
20. Under age 40: $201,000