Physician Starting Salaries by Specialty: 2018 vs. 2017
What difference does a year make when it comes to average physician salary offers? It depends on your area of specialty.
AMN Healthcare tracks recruiting trends including salaries, bonuses, and other incentives offered to physicians and advanced practitioner candidates on an annual basis. Our latest report shows that just over half (11) of the top 20 recruited specialties saw a dip in their average starting salaries compared to last year, while the other nine saw an increase.
Now in its 25th year, the 2018 Review of Physician and Advanced Practitioner Recruiting Incentives analyzed 3,045 recruiting assignments from April 1, 2017 to March 31, 2018.
This national sample shows that invasive cardiologists were offered the highest average physician salaries, at $590,000 for 2017/2018, which was up from an average of $563,000 the previous year. The lowest average physician salaries among the most-requested searches were paid to pediatricians, with an average salary of $230,000, compared to an average of $240,000 the previous year.
Advanced practitioners also saw a mixed bag of results: the average salary offered to nurse practitioners for 2017/2018 was $129,000, which was an increase over the previous year, while the average salary offered to physician assistants was $109,000, which represented a decrease.
Average Physician Salaries: The Top 20 Recruited Specialties
This year-to-year comparison for the top 20 specialty searches conducted by AMN Healthcare represent physician starting salaries or guaranteed income only; these amounts do not include bonuses or benefits.
Medical Specialty | 2017/2018 Average Salary Offer | 2016/2017 Average Salary Offer |
1. Cardiologist (Invasive) | $590,000 | $563,000 |
2. Orthopedic Surgeon | $533,000 | $579,000 |
3. Gastroenterologist | $487,000 | $492,000 |
4. Cardiologist (Non-invasive) | $427,000 | $428,000 |
5. Dermatologist | $425,000 | $421,000 |
6. Pulmonologist | $418,000 | $390,000 |
7. Otolaryngologist | $405,000 | $468,000 |
8. Urologist | $386,000 | $460,000 |
9. Anesthesiologist | $371,000 | $376,000 |
10. Emergency Medicine Physician | $358,000 | $349,000 |
11. OB/GYN | $324,000 | $335,000 |
12. Neurologist | $301,000 | $305,000 |
13. Hospitalist | $269,000 | $264,000 |
14. Psychiatrist | $261,000 | $263,000 |
15. Internal Medicine (Internist) | $261,000 | $257,000 |
16. Family Medicine Physician | $241,000 | $231,000 |
17. Urgent Care Physician | $234,000 | $219,000 |
18. Pediatrician | $230,000 | $240,000 |
19. Nurse Practitioner | $129,000 | $123,000 |
20. Physician Assistant | $109,000 | $115,000 |
To learn more about the salary and incentive packages offered to physicians and advanced practitioners in various workplace settings—including bonuses, relocation packages, student loan repayment, and other elements of compensation— download a copy of the 2018 Review. This comprehensive report also looks at the current demand for various medical specialties, and a number of trends that are impacting the healthcare workforce.
To learn more about physician opportunities and salary ranges for your area of specialty, contact a recruiter here.