According to the “Medscape Female Physician Compensation Report 2016,” the percentage of male physicians (65%) still surpasses that of females (35%), though women are exceeding men at younger ages. More than 4,500 female physicians responded to Medscape’s annual compensation survey, providing their compensation as well as how many hours they work per week, how many minutes they spend with each patient, the most rewarding part of their job and changes to their practice resulting from healthcare reform.
The report notes men still earn more than women, whether they are primary care physicians (PCPs) ($225,000 vs $192,000, respectively) or specialists ($324,000 vs $242,000, respectively). In the 2012 compensation report, male specialists reported earn $242,000 compared with female specialists’ $173,000, although a major factor is the small percentage of female physicians in the highest-paying specialties. Male PCPs earned $174,000 and their female peers received $141,000.
Women’s earnings increased more between our 2012 and 2016 reports than did men’s: 36% for female PCPs and 29% for their male peers, the report shows. Among specialists, the increases are 40% for women and 34% for men.
Within specialties, the highest compensation levels were reported by female radiologists ($342,000), cardiologists ($339,000), and dermatologists ($335,000). The lowest were found in female pediatricians ($182,000), family physicians ($183,000), and endocrinologists ($189,000). All of these figures are lower than the overall averages for these specialties, the report shows.