Race & ethnicity's impact on physician income — 5 insights

Practice Management

In its first year asking physician compensation respondents to identify their race and ethnicity, Medscape revealed the income gaps existing for physicians based on these details.

Here are five things to know:

 

1. White/Caucasian physicians earn the most annually at $303,000.

 

2. Asian physicians earned the second most at $283,000.

 

3. Hispanic/Latino physicians followed with an annual income of $271,000.

 

4. Black/African American physicians earned the least at $262,000.

 

5. Specialization choice varies based on race:

 

  • 80 percent of white/Caucasian physicians opted to specialize
  • 75 percent of Asian physicians opted to specialize
  • 72 percent of Hispanic/Latino physicians opted to specialize
  • 70 percent of black/African American physicians opted to specialize

 

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