Between the new value-based care models, M&A activity and innovations in healthcare, it is valuable to track compensation to evaluate and compare how changes will affect physicians. Especially as fewer physicians strike out on their own and hospitals look to attract new recruits, compensation data provides a valuable benchmark.
While most specialties saw an increase, compensation varies widely between specialty, healthcare setting and region. The following statistics provide a view of the current compensation landscape in healthcare.
Note: Some of the following statistics may seem higher or lower compared with others in the same specialty. Several surveys were used to compile this report. Each specialty does not contain the same number of statistics because data was unavailable for some specialties. More information is provided at the end of the report.
Northeast: New York, Connecticut, Rhode Island, Massachusetts, Vermont, New Hampshire and Maine
Mid-Atlantic: Pennsylvania, New Jersey, Delaware, Maryland, West Virginia, Virginia, North Carolina and South Carolina
Southeast: Tennessee, Kentucky, Louisiana, Mississippi, Alabama, Georgia and Florida
Great Lakes: Minnesota, Wisconsin, Illinois, Michigan, Indiana and Ohio
North Central: Iowa, Missouri, North Dakota, South Dakota, Nebraska and Kansas
South Central: Texas, Oklahoma and Arkansas
Northwest: Alaska, Oregon, Washington, Idaho, Montana and Wyoming
Southwest: Colorado, Nevada, New Mexico, Arizona and Utah
West: California and Hawaii