Physicians Thrive recently released its latest Physician Compensation Report, which describes the ongoing impact of COVID-19 on compensation, compensation by specialty, region, and more in 2022.
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Physician compensation in 2022
For the report, Physicians Thrive compiled data from several sources, including the U.S. Bureau of Labor Statistics, Doximity, Merrit Hawkins, Medscape, and more.
In 2022, both primary care physicians and specialists saw an increase in compensation compared to 2021. Primary care physicians earned an average of $260,000 in 2022, up from $242,000 in 2021. Specialists experienced a similar increase, with average earnings of $368,000 in 2022, up from $344,000 in 2021.