Self-employed physicians outearn their employed counterparts on average, according to Medscape's 2024 "Physician Compensation Report" released April 12.
The report surveyed 7,000 physicians across 29 specialties from Oct. 2 to Jan. 16.
Here's how self-employed and employed physician pay stacked up:
Employed physicians:
2023: $353,000
2022: $344,00
Self-employed physicians:
2023: $391,000
2022: $374,000