"Family physicians in the US reported average pay gains similar to those a year earlier in a Medscape survey, and they offered a positive vibe as well. Compared to the previous year, family doctors somewhat more often said they felt fairly paid and expected to finish 2025 with some level of compensation increase. (Note: Respondents were full-time physicians who practice in the US only, and they reported total compensation including base salary, incentive bonus, and other income such as profit-sharing contributions.)"
"In this report, gender is based on how physicians self-identified in our survey. Some totals in this presentation do not equal 100% because of rounding. Family physicians practicing in the US told Medscape their compensation rose by roughly 2% on average in 2025. Doctors generally said their pay increased by about 3% on average last year, with average growth rates for both primary care physicians (PCPs) and medical specialists also in that neighborhood."
"Many physicians worry about inflation lately, and that average pay gain among physicians overall outpaced the annualized core inflation rate for the US of 2.7% at the end of 2025. Matthew Wells, PhD, a senior director at Alexandria, Virginia-based AMGA Consulting, saw 2025 as "a return to normalization" with doctor compensation and looks for "consistency with increases" moving forward."
"The key drivers, Wells says, are rising individual physician productivity based on seeing more patients and generating more work relative value units (wRVUs), combined with improved technology-driven efficiency in their business offices. Practitioners in eight specialties topped $500,000 in total annual compensation. All of them except otolaryngology also reported $500,000-plus in income for last year's report."
Family physicians in the US reported average compensation increases of roughly 2% in 2025, similar to the prior year. Many physicians said they felt fairly paid and expected some level of compensation increase by the end of 2025. Physicians reported total compensation including base salary, incentive bonuses, and other income such as profit-sharing contributions. Overall physician pay gains outpaced the US annualized core inflation rate of 2.7% by the end of 2025. Key drivers included increased physician productivity through seeing more patients and generating more wRVUs, along with improved technology-driven efficiency in business offices. Several specialties reported total annual compensation above $500,000.
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