AMN Healthcare reports increased starting salaries for physicians, with orthopedic surgeons earning up to $576,000, driven by high demand.
Quiver AI Summary
According to AMN Healthcare's annual report, the average starting salary for physicians is $403,000, with orthopedic surgeons earning the most at $576,000 and pediatricians at the lowest end at $258,000. The report indicates a growing demand for specialists, driven by the aging population, with notable salary increases for various specialties, such as otolaryngologists and cardiologists. Nurse practitioners (NPs) are also experiencing an increase in starting salaries, now averaging $180,000, reflecting the ongoing physician shortages. The report highlights that job prospects for physicians remain robust across various specialties, and many positions include signing bonuses, relocation allowances, and other incentives. The findings are based on a sample of 1,420 search engagements conducted by AMN Healthcare over the past year.
Potential Positives
- The average starting salary for physicians rose to $403,000, highlighting strong compensation trends in the healthcare sector.
- Specialists, particularly orthopedic surgeons, continue to receive significantly higher starting salaries, indicating ongoing demand and potential growth for these specialties.
- Average signing bonuses for physicians increased by 23% to $38,315, showcasing improved financial incentives for newly hired physicians.
- Demand for nurse practitioners (NPs) increased alongside salary offers, reflecting the company's commitment to addressing healthcare access challenges amid physician shortages.
Potential Negatives
- While demand for healthcare professionals is increasing, the press release highlights significant disparities in starting salaries between specialists and primary care physicians, potentially indicating a lack of competitive compensation in primary care, which may deter new entrants into that field.
- The report underscores a concerning trend in physician shortages, suggesting potential issues in access to healthcare services, particularly in underserved areas, which could reflect negatively on the healthcare system as a whole and the company's role in addressing these shortages.
- The reliance on non-physician practitioners (NPs) to fill gaps in healthcare delivery indicates that the demand for physicians is not being met, which could raise questions about the effectiveness of current recruitment strategies and the long-term sustainability of healthcare service provision.
FAQ
What is the average starting salary for physicians in 2025?
The average starting salary for physicians is $403,000, according to AMN Healthcare's annual report.
Which medical specialty has the highest starting salary?
Orthopedic surgeons have the highest starting salary at $576,000, as per the latest report.
How have salaries for nurse practitioners changed?
The average starting salary for nurse practitioners increased to $180,000 in 2025, a 9.6% rise from 2024.
What are some trends in physician demand?
The report indicates strong demand for specialists, particularly hematologists/oncologists and gastroenterologists.
What additional benefits do physicians receive beyond salary?
Physicians often receive signing bonuses, relocation allowances, and continuing medical education benefits in addition to their salaries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AMN Hedge Fund Activity
We have seen 141 institutional investors add shares of $AMN stock to their portfolio, and 143 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 1,650,444 shares (-55.1%) from their portfolio in Q1 2025, for an estimated $40,369,860
- ALLIANCEBERNSTEIN L.P. removed 1,424,630 shares (-96.9%) from their portfolio in Q1 2025, for an estimated $34,846,449
- BOSTON PARTNERS removed 1,311,286 shares (-99.2%) from their portfolio in Q1 2025, for an estimated $32,074,055
- WCM INVESTMENT MANAGEMENT, LLC removed 1,107,405 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $27,087,126
- REINHART PARTNERS, LLC. removed 744,943 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $15,397,971
- D. E. SHAW & CO., INC. added 726,839 shares (+283.7%) to their portfolio in Q1 2025, for an estimated $17,778,481
- POINT72 ASSET MANAGEMENT, L.P. added 680,224 shares (+inf%) to their portfolio in Q1 2025, for an estimated $16,638,279
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$AMN Analyst Ratings
Wall Street analysts have issued reports on $AMN in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Truist Securities issued a "Buy" rating on 04/15/2025
- BMO Capital issued a "Outperform" rating on 02/24/2025
- Citizens Capital Markets issued a "Market Outperform" rating on 02/24/2025
To track analyst ratings and price targets for $AMN, check out Quiver Quantitative's $AMN forecast page.
$AMN Price Targets
Multiple analysts have issued price targets for $AMN recently. We have seen 4 analysts offer price targets for $AMN in the last 6 months, with a median target of $29.25.
Here are some recent targets:
- A.J. Rice from UBS set a target price of $25.5 on 05/13/2025
- Tobey Sommer from Truist Securities set a target price of $25.0 on 04/15/2025
- Jeffrey Silber from BMO Capital set a target price of $33.0 on 02/24/2025
- Constantine Davides from Citizens Capital Markets set a target price of $33.0 on 02/24/2025
Full Release
DALLAS, Aug. 05, 2025 (GLOBE NEWSWIRE) -- The average starting salary for physicians is $403,000, with orthopedic surgeons at the high end of the starting salary scale at $576,000 and pediatricians at the low end at $258,000, according to an annual report from AMN Healthcare’s Physician Solutions division (formerly known as Merritt Hawkins).
The 2025 Review of Physician and Advanced Practitioner Recruiting Incentives , now in its 32 nd year, tracks starting salaries and other incentives offered by hospitals and medical groups to physicians, nurse practitioners (NPs) and other advanced practice professionals. Specialists are offered the top starting salaries among physicians, according to the report. After orthopedic surgeons, gastroenterologists are offered the highest average starting salary at $552,000, followed by urologists at $521,000, radiologists at $500,000 and hematologists/oncologists at $490,000.
“Demand for specialists is particularly strong and is being driven by the rapid growth of the nation’s senior citizen population,” said Leah Grant, president of AMN Healthcare Physician Solutions. “While demand is growing, many specialists are in short supply, resulting in high starting salary offers.”
Primary care physicians are offered significantly lower starting salaries than specialists. Family medicine physicians are offered an average starting salary of $275,000, less than half that of orthopedic surgeons, while internal medicine physicians are offered an average of $290,000, and pediatricians $258,000.
Starting salaries for most physicians tracked in the report have increased year over year. The average starting salary for otolaryngologists saw the largest year-over-year gain, growing from $358,000 last year to $487,000 this year, a 36% increase. The average starting salary for cardiologists grew from $396,000 last year to $470,000 this year, an increase of 19%, while the average starting salary for hematologists/oncologists grew from $444,000 last year to $490,000 this year, a 10% increase.
Starting Salaries for NPs Increasing
While NPs are offered lower starting salaries than physicians, salary offers to NPs are also increasing according to the report. The average starting salary offer for NPs is $180,000, a 9.6% increase from $164,000 in 2024.
“NPs are in rapidly growing demand as physician shortages persist,” Grant said. “Without them, access to healthcare would be even more problematic, particularly in rural and other underserved areas.”
Specialties in the Most Demand
Each year, AMN Healthcare’s report calculates which types of physicians are in the most demand by comparing the number of job openings in a given specialty to the number of physicians in that specialty. By this calculation, the five types of physicians in most demand are hematologists/oncologists, gastroenterologists, endocrinologists, and radiologists. However, in an era of physician shortages, job prospects are abundant across medical specialties, according to Grant.
“While certain types of physicians are in particular demand, there are job openings for most physicians regardless of specialty,” Grant said. “In today’s market, there is virtually no such thing as an unemployed physician.”
Signing Bonuses, Relocation and Continuing Medical Education
In addition to starting salaries, physicians and NPs often are offered signing bonuses, relocation allowances and continuing medical education (CME) allowances. The average signing bonus for physicians tracked in the report is $38,315, up 23% from $31,103 last year, while the average relocation allowance for physicians is $12,619, up 12% from $11,284 last year. The average CME allowance for physicians is $4,073, up 3% from $3,969 last year.
Combined, the average signing bonus, relocation and CME allowance offered to physicians is $58,854, which is in addition to an average starting salary of $403,00 for all physicians tracked in the report. Most physician and NP employment contracts also offer benefits like health insurance, malpractice insurance and retirement/401k plans.
AMN Healthcare’s 2025 Review of Physician and Advanced Practitioner Recruiting Incentives is based on a representative sample of the 1,420 search engagements the company conducted from April 1, 2024, to March 31, 2025, and includes data on starting salaries and other incentives offered by the company’s clients to physicians and advanced practice professionals nationwide. A copy of the report can be accessed at https://online.flippingbook.com/view/72701021/
About AMN Healthcare
AMN Healthcare is the leader and innovator in total talent solutions for healthcare, bringing together the people, processes and technology to deliver better care. Through a steadfast partnership approach, we solve the most pressing workforce challenges to enable better clinical outcomes and access to care. In 2024 our healthcare professionals reached nearly 15 million patients at more than 2,100 healthcare systems, including 87 percent of the top healthcare systems nationwide. We provide a comprehensive network of quality healthcare professionals and deliver a fully integrated and customizable suite of workforce technologies. For more information, visit
www.amnhealthcare.com
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Media Contact
Corporate Communications AMN Healthcare [email protected] |
Investor Contact
Randle Reece Vice President, Investor Relations AMN Healthcare (866) 861-3229 | [email protected] |
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