Over 65,000 Physicians Surveyed for Comprehensive Report; Study Finds Differences Based on Gender, Location and Specialties
SAN FRANCISCO, March 14, 2018 -- Doximity today released its second annual Physician Compensation Report, one of the most comprehensive surveys of U.S. physician compensation. This year’s study found that doctors saw an average 4 percent wage increase nationally from 2016 to 2017. However, compensation varied significantly across metropolitan areas, between genders and across medical specialties. The report is based on more than 65,000 verified U.S. physician respondents, making it one of the largest studies available on physician pay in the United States.
“Considering the increasing concern about potential doctor shortages, having a clear understanding of physician compensation is more relevant than ever,” said Nate Gross, M.D., co-founder of Doximity. “As the largest online medical network in the U.S., Doximity has unmatched insight into issues that affect the medical community, including compensation trends and disparities.”
Physician Compensation by Metro Area
Physician Compensation by Medical Specialty
Physician Gender Wage Gap
“All health care stakeholders should be aware of the differences in compensation for men and women across the country,” said Christopher Whaley, Ph.D., the report’s lead author and adjunct assistant professor at the University of California, Berkeley School of Public Health. “Compensation inequity can directly affect where and what physicians choose to practice, which could ultimately affect patient access.”
To read the full report, visit doximity.com/compensation_report
Doximity’s study is drawn from self-reported compensation surveys completed in 2016 and 2017 by more than 65,000 full-time, licensed U.S. physicians who practice at least 40 hours per week. Responses were mapped across metropolitan statistical areas, and the top 50 were ranked by the number of respondents in the data. To control for differences in specialty, geography and other provider-specific factors that might influence spending, we estimated a multivariate regression with fixed effects for provider specialty and MSA. We also controlled for how long each provider has practiced medicine and their self-reported average hours worked per week. This regression was estimated using a generalized linear model with a log link and gamma distribution. For the geographic and specialty rankings, we used the predicted values from this regression.
Founded in 2011, Doximity connects physicians and clinicians to make them more successful and productive. It is the largest medical social network with over 70 percent of all U.S. physicians as members. The network enables medical professionals to communicate with colleagues and patients, and to share their perspectives on the latest health care trends and research. Doximity is based in San Francisco and was created by the founders of Epocrates and Rock Health. To learn more, visit www.doximity.com