Dive Brief:
U.S. physicians received a “modest” 3.7% pay bump between 2023 and 2024, according to health tech company Doximity’s physician compensation report released Thursday. However, gains weren’t equally spread among providers.
The gender pay gap widened, with average compensation climbing higher for men at 5.7% year over year, while women’s pay rose just 1.7%. Some specialties also brought home more than others — hematologists and oncologists brought in 93% more than pediatricians.
The report comes as providers say they need more money to combat inadequate reimbursement rates, especially from public payers. Eighty-one percent of physicians surveyed by Doximity said reimbursement policies have played a role in the decline of independent practices nationwide.
Dive Insight:
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