Doximity Physician Compensation Report 2024

Doximity Physician Compensation Report 2024 Gh rates of work related burnout In 2023 physicians will also experience a 2 Medicare payment cut after two decades of flat payments 1 According to the American Medical Association when adjusted for inflation Medicare physician payment h s declined 22 from 2001 to 2021 2These challenges are driving many medical professionals to reassess

Report shows 5 9 increase in average physician compensation 23 gender wage gap and 86 of physicians concerned about care for aging population Doximity Inc NYSE DOCS the leading digital platform for U S medical professionals today released its 2024 Physician Compensation Report The report reveals that the average pay for doctors increased 5 9 in 2023 after a decline of 2 4 the A recent survey of over 1 000 physicians conducted in early 2024 revealed that nearly 52 acknowledge a disparity in compensation between male and female physicians Among female physicians surveyed about 75 perceive a pay gap while fewer than 30 of male physicians share this belief Compensation varies drastically by speciality

Doximity Physician Compensation Report 2024

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Doximity Physician Compensation Report 2024
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Doximity Inc NYSE DOCS the leading digital platform for U S medical professionals today released its 2024 Physician Compensation Report The report reveals that the average pay for doctors Assets doxcdn

SAN FRANCISCO May 23 2024 Doximity Inc NYSE DOCS the leading digital platform for U S medical professionals today released its 2024 Physician Compensation Report The report reveals The Doximity 2024 Physician Compensation Report aims to raise awareness of these issues empowering doctors to advocate for themselves and make informed career decisions based on comprehensive survey data spanning five years Here are five takeaways from this year s report A turnaround for average compensation

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Report Highlights Physician compensation and gender wage gap In 2023 the gender pay gap for physicians decreased to 23 down from 26 in 2022 and 28 in 2021 Read Doximity s 2024 Physician Compensation Report About Doximity Founded in 2010 Doximity is the leading digital platform for U S medical professionals An analysis of Doximity s physician compensation data from 2014 2019 estimated that over the course of a career men physicians make over 2 million more than women physicians In 2023 none of the medical specialties studied had equal or higher earnings for women physicians compared to men

2024 Physician Compensation Report Doximity s 2024 Physician Compensation Report includes compensation data from over 150 000 survey responses over the past five years including responses from more than 33 000 full time U S physicians in 2023 alone Our study shows that the average pay for doctors increased 5 9 in 2023 after a decline of Average nominal physician pay reached 414 347 in 2023 up nearly 6 from the prior year according to Doximity s 2024 Physician Compensation Report After factoring in inflation however physicians real income and actual purchasing power has hardly budged over the past seven years when Doximity first started reporting on physician compensation

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Doximity Physician Compensation Report 2024 - Doximity also ranked metropolitan areas where physicians received the highest compensation in 2023 Physicians in San Jose California had the highest average compensation at 474 977 while those in San Antonio Texas had the lowest average compensation at 371 073 In 2023 eight of the 50 metro areas included in the report saw average