Medscape Physician Compensation Report 2026: Positive Signs
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Medscape Physician Compensation Report 2026: Positive Signs
"Doctors practicing in the US told Medscape their compensation rose by around 3% on average in 2025, with growth rates for both primary care physicians and medical specialists also in that same neighborhood."
"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."
"I absolutely am not surprised that orthopedics, cardiology, and radiology are at the top of this list, based on the supply of practitioners nationally and demand for procedures."
In 2025, US physicians reported an average pay increase of around 3%, surpassing the annualized core inflation rate of 2.7%. Eight specialties achieved total compensation exceeding $500,000. Factors contributing to this growth include increased physician productivity and improved efficiency through technology. Many physicians expressed feeling fairly compensated, indicating a positive shift in sentiment compared to the previous year. The report highlights that primary care physicians and medical specialists experienced similar growth rates in compensation, reflecting a trend towards normalization in physician earnings.
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