The average physician working as a clinical faculty member at a U.S. medical school made a total of $262,400 in the 2010-11 academic year—an increase of 2.9% over the previous year, according to a new report from the Association of American Medical Colleges.
Doc faculty income notches up
Almost 59,000 U.S. physicians serve as clinical faculty members, according to the AAMC's Report on Medical School Faculty Salaries, 2010-11.
In comparison, the 1,145 physicians working as basic science faculty saw their compensation rise 2.7% to $150,600. The 12,928 nonphysicians who have a doctorate and work as clinical faculty saw their average compensation grow 2.2% to $123,400.
Using a Web-based survey, the AAMC collected information on almost 96,000 faculty members from 134 U.S. medical schools, including two new institutions: the Charles E. Schmidt College of Medicine at Florida Atlantic University in Boca Raton, and Cooper Medical School of Rowan University in Camden, N.J.
The report noted that 85.7% of the faculty members (81,931) were eligible to receive supplemental earning but more than 25% (22,463) of those did not. Also, for the fiscal year ending June 30, 2011, the rate of inflation, according to the Consumer Price Index-All Urban Consumers, was 3.6%.
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