Starting Salaries for Physicians are Spiking
Demand Driving Increases for Primary Care and Specialist Physicians
Starting salaries for both primary care and specialist physicians spiked in the last 12 months, according to a new report, reflecting a rising demand for physicians and a growing physician shortage.
The 2016 Review of Physician and Advanced Practitioner Recruiting Incentives tracks 3,342 physician and advanced practitioner recruiting assignments AMN Healthcare physician companies including Kendall and Davis, Merritt Hawkins, and Staff Care, conducted from April 1, 2015 to March 31, 2016. Now in its 23rd year, the report indicates that starting salaries increased year-over-year in 19 of the 20 medical specialties for which the report provides data.
Annual starting salaries and year-over-year increases for select specialties include:
- Family medicine, $225,000, up 13% year-over year
- Psychiatry, $250,000, up 11%
- Obstetrics-gynecology, $321,000, up 16%
- Dermatology, $444,000, up 13%
- Urology, $471,000, up 14%
- Otolaryngology, $403,000, up 21%
- General surgery, $378,000 up 12%
For additional information about healthcare trends in compensation and recruiting, please fill out our contact us form here. Learn more about our physician and advanced practitioner staffing services and how Kendall and Davis can you reach your staffing goals.