Money matters Who got the big bump? Top 10 cities for doctor pay raises A look at which metro areas gave physicians the biggest raises in 2017. Feb. 7, 2018Wednesday The DO Staff Contact The DO Staff Facebook Twitter LinkedIn Email Topics doctor pay Some cities have greater demand for physicians, but that doesn’t mean that they are the best cities for doctors seeking a pay raise, according to a Medical Economics article on the 2017 labor market. The labor market study, commissioned by Doximity, found doctors’ paychecks in San Francisco rose by 16 percent in 2017, more than three times the national average. Physicians in Indianapolis reported compensation growth of 14 percent while those in Los Angeles got 13 percent raises. The analysis was drawn from self-reported surveys of about 40,000 full-time physicians. Rounding out the Top 10 are: Philadelphia (11 percent); Milwaukee (10 percent); New York, Minneapolis and Pittsburgh (8 percent); and Seattle and Boston (7 percent). Physician compensation grew by 5.1 percent nationally from 2016 to 2017, according to the Doximity report. Doximity is an online social network for physicians. The report also analyzed what medical specialties are most in demand, with geriatrics the resounding winner at 164% job growth. MEDICAL SPECIALTIES MOST IN DEMAND Medical Specialty Job Growth 1. Geriatrics 164% 2. Urology 49% 3. Oncology 45% 4. Hematology 39% 5. OB-GYN 31% 6. Gastroenterology 27% 7. Occupational Med 26% 8. Endocrinology 25% 9. Neurosurgery 25% 10. Cardiology 23% Visit here for additional findings. More in Lifestyle Confronting burnout and moral injury in medicine Regarding burnout in medicine, “I knew there was more to the story than the frustration of dealing with administrative obstacles,” writes Jerry Balentine, DO. Nearly 70% of doctors in their 40s want to retire in their 50s or early 60s, survey reveals Medscape report finds that physicians, on average, would like to save $3.9 million to feel comfortable retiring from medicine. Previous articleHow I practice: Rheumatologist finds a calling and a highly rewarding specialty Next articleModel reduces no-shows, increases patient visits
Confronting burnout and moral injury in medicine Regarding burnout in medicine, “I knew there was more to the story than the frustration of dealing with administrative obstacles,” writes Jerry Balentine, DO.
Nearly 70% of doctors in their 40s want to retire in their 50s or early 60s, survey reveals Medscape report finds that physicians, on average, would like to save $3.9 million to feel comfortable retiring from medicine.