What family physicians are earning by region and by setting
Demand for family physicians remains strong and income offers are rising, says a new report from physician recruitment firm Merritt Hawkins. Based on the firm’s 497 searches for family physicians in 2017-2018, the average income offer for family physicians was $241,000 per year, not including bonuses or benefits. The lowest offer was $165,000, and the highest was $400,000.
Here’s how the average income data breaks out for family physicians by region and practice setting:
| REGION | |
| Northeast | $226,000 |
| Midwest | $245,000 |
| Southeast | $231,000 |
| Southwest | $239,000 |
| West | $242,000 |
| PRACTICE SETTING | |
| Academics | $218,500 |
| Community health center | $225,000 |
| Group | $233,000 |
| Hospital | $248,000 |
| Solo | $312,000 |
The report notes that most physician income offers (75 percent) involved a salary plus bonus. Most bonuses were based on RVUs (50 percent) or quality metrics (43 percent); however, quality determined only 8 percent of total physician compensation on average.
Posted on Jun 15, 2018 by FPM Editors