Study: Competitive residencies linked to higher salaries
Residency Program Insider, August 19, 2016
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Researchers found a strong correlation between the competitiveness of a specialty and the median salary physicians earn. According to the results of their study published in JAMA Internal Medicine, physician who completed more competitive residencies were inclined to have higher salaries. The researchers came to this conclusion by comparing median specialty salary data with the specialties’ fill rates—the percentage of filled residency slot. The researchers found that family medicine had the lowest median salary ($221,000) and competiveness (43%), while neurosurgery had the highest median salary with $747,000 and a competitiveness of about 90%.
Source: JAMA Internal Medicine
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