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2024–2025 Emergency Physician Compensation Report

By Barb Katz | on September 6, 2024 | 4 Comments
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Explore This Issue
ACEP Now: Vol 43 – No 09 – September 2024

Click to enlarge the Southeast data.

I sit here in early August contemplating my retirement at the end of the year and writing up my final jobs report, I am plagued by one very important and all-encompassing question:

Will Paris ever be allowed to host the Olympics again?

From the controversial opening ceremonies to an Olympic village with lousy food, no real air conditioning and cardboard beds, to swimming in a toxic river, the future looks a bit dicey! I mean, who puts Simone Biles in a cardboard bed? There were definite expectations—the athletes expected a village and venues that gave comfort and safety, but the organizers expected a thumbs-up for a “green” environment. Expectations—a slippery slope! It takes me back to my early days in the emergency medicine arena 34 years ago, and I can’t help but be nostalgic.

Click to enlarge the Midwest data.

In 1990, residency programs in emergency medicine were only in existence for about 15 years. Those programs graduated less than 400 residents a year. Emergency departments (EDs) were primarily staffed with area primary care docs, many of whom had been working exclusively in the ER for years. Emergency docs were the real cowboys of medicine—they did a lot of locums work, and many of them had their own airplanes, flying themselves to gigs around the country. Hospitals didn’t have Emergency Departments per se, they had ERs under the department of Surgery. Even most residency programs operated under the surgical umbrella. There were no mid-level providers. There were no scribes. The gold standard job was with a democratic private group with partnership opportunities.

Click to enlarge the West/Southwest data.

There was no sign-on bonus, loan forgiveness, stipends or other front money. Docs were lucky to get basic relocation funds from a new employer. But with all of that, emergency physicians lived to work. They wanted to work as many shifts as they could—2,080 clinical hours a year was the norm. Earning $150 an hour was high income, and their primary expectations were to work hard and make a difference.

Thirty-four years later, we are graduating more than 2,200 emergency physicians a year whose job search expectations have become more like entitlements, even though there are just 1,700 jobs available and 33 percent of those jobs are open to primary care boarded physicians. There is no balance in residency program location or physician compensation on a national basis. Large, national contract groups run 68 percent of the EDs in the country and sign-on bonuses reach as high as $150K for a 3-year contract. There is even an opportunity being advertised for a “casual emergency physician with occasional sitting and standing.”

Click to enlarge the Northeast data.

It has been my pleasure to serve the emergency medicine specialty in so many ways for the past 35 years. I will be continuing some consulting work for the next few years, and hope to pop up at a Scientific Assembly in the near future!

___________________________________

Barbara Katz is president of The Katz Company EMC, a member of ACEP’s Workforce and Career sections, and a frequent speaker and faculty at conferences and residency programs. She can be reached at katzco@cox.net.

Click to enlarge the Mid-Atlantic data.

Click to enlarge the Pacific Northwest data.

Click to enlarge the top cities and states lists.

Pages: 1 2 | Multi-Page

Topics: careerCompensationPractice TrendsSalaryWages

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4 Responses to “2024–2025 Emergency Physician Compensation Report”

  1. September 15, 2024

    Gabe Wilson Reply

    Thank you, Barbara, for years of enlightening us about something very close to our fears and desires: the EM job market.

    Besides the interesting practical and logistical details you provided, you always injected hints and advice to be sure we were prioritizing what was appropriate and important for us at each stage of our lives and careers, and what might optimize our chances of landing that preferred job.

    You will be missed.

    May the next step in this journey bring enjoyment.

    • February 13, 2025

      David Reply

      You’ve been a great resource over the years, Barbara, but the part about new grads was unnecessary and completely out of touch.

  2. September 15, 2024

    Astrid Reply

    Thanks for all the work in putting this together, and congrats on reaching retirement. But what’s with all the Boomer-type commentary? Ragging the Paris olympics for being too green? Maligning the lack of sign on bonuses and $150 hourlies while conveniently ignoring that the mean med school debt in the 80s was under $30,000? $150 in 1990 is $370 in 2024. The highest hourly rate listed in the report is $375, and most of us would probably say that’s no enough for the current practice environment. And, the cherry on top, literally calling new grads entitled for having the nerve to want reasonable compensation for the ever growing demands put on us in the ED. It makes me wonder where you’ve been practicing for the past 5 years.

  3. September 15, 2024

    Geoffrey Crockett Reply

    Jeez, Barb. The Paris Olympics was absolutely amazing. So well done and so much fun for all. Yes, I was actually there. To state otherwise demonstrates that you were obviously not there, are far removed from the events, out of touch, and have little clue as to what it was really all about. Disappointed you led with this misconception for your final post.

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