The median total cash compensation for physicians has risen across almost every specialty, with urology experiencing the largest pay increase since 2013, according to the 2014 Physician Compensation and Productivity Survey from Sullivan, Cotter and Associates.
On average, specialty physicians saw a compensation increase of 1.9 percent in 2014, down from a 3.2 percent increase last year.
The table below shows the percentage change of compensation between 2013 and 2014 for the major physician specialties as well as their current median total cash compensation, according to the survey.
Physician Specialty % change 2013-14 2014 median TCC*
Urology 7% $409,044
Gastroenterology 6% $444,382
Neurology 5% $252,269
General Pediatrics 5% $207,712
Obstetrics/Gynecology 4% $289,512
Hospitalist 4% $234,873
Anatomic and Clinical Pathology 3% $301,088
Psychiatry – General 3% $202,752
Family Practice 3% $209,868
Urgent Care 2% $208,119
Otolaryngology – General 2% $367,000
Internal Medicine 2% $213,428
Diagnostic Radiology 2% $439,350
General Orthopedic Surgery 2% $514,577
Emergency Medicine 2% $285,971
General Surgery 1% $352,362
Hematology/Oncology 1% $331,090
General Cardiology 0% $401,103
Neonatology 0% $248,682
Anesthesiology -2% $368,510
*TCC = total cash compensation
Table adapted from SullivanCotter’s 2014 Physician Compensation and Productivity Survey.
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