Written by Megan Knowles
Physicians in nine specialties saw increases in total cash compensation from 2017 to 2018, with those specializing in general cardiology seeing the biggest jump in pay, according to a survey from SullivanCotter.
Family physicians were the most in-demand specialty for the 13th year in a row, according to physician search firm Merritt Hawkins’ annual report of clinician recruitment incentives.
While primary care physicians are still the top need, it appears the demand is finally starting to be met. Merritt Hawkins reports that primary care physician recruitment activity declined 8 percent year-over-year and by 38 percent from four years ago. Meanwhile, medical specialist demand has started to grow.
Here are the top 10 most recruited physician specialties from April 2018 to March 2019 and the average base salary offered:
1. Family medicine physicians — $239,000
2. Psychiatrists — $273,000
3. Obstetrician/Gynecologists — $318,000
4. Internal medicine physicians — $264,000
5. Radiologists — $387,000
6. Hospitalists — $268,000
7. Nurse practitioners — $124,000
8. Neurologists — $317,000
9. Gastroenterologists — $495,000
10. Pediatricians — $242,000
The report is based on 3,131 physician and advanced practitioner search assignments conducted by Merritt Hawkins and other staffing companies under its parent, AMN Healthcare, between April 1, 2018, and March 31, 2019. The income includes base salary only.