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:
|Community health center||$225,000
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.
Sign up to receive FPM's free, weekly e-newsletter, "Quick Tips & Insights," featuring practical, peer-reviewed advice for improving practice, enhancing the patient experience, and developing a rewarding career.