"Pay gains of the previous year, on average, eluded psychiatrists in the US in a Medscape survey. Yet, they offered a positive vibe: Compared to the previous year, a majority of psychiatrists again said they felt fairly paid and similar shares expected to finish the year 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.)"
"Psychiatrists practicing in the US told Medscape their compensation fell by roughly 3% 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. Pediatrics and public health & preventive medicine also trailed the pack in pay in our prior survey."
Psychiatrists in the US reported average compensation fell by roughly 3% in 2025. Many psychiatrists still said they felt fairly paid compared with the prior year, and similar shares expected some level of compensation increase by year end. Total compensation included base salary, incentive bonuses, and other income such as profit-sharing contributions. Physicians overall reported average pay gains of about 3%, which outpaced the annualized core inflation rate of 2.7% at the end of 2025. Rising physician productivity and improved technology-driven office efficiency were identified as key drivers. Eight specialties reported total annual compensation above $500,000, with orthopedics, cardiology, and radiology among the highest.
Read at Medscape
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