Hospitalists employed in the United States generally earn salaries in the range from $130,572 to $242,825 a year including bonuses and contributions from profit sharing according to the salary information provided by Payscale. The annual bonuses for this occupation can amount to up to $25,677 a year, and the reported earnings from profit sharing are typically in the range from $500 to $30,000 a year.
Hospitalist physicians with a certification from the American Board of Internal Medicine (ABIM) are generally paid between $151,229 and $233,275 annually, and professionals working at general hospitals typically earn an annual pay in the range from $132,453 to $227,795 according to Payscale.
Average salary
The average salary for hospitalist medicine doctors working in the United States is $196,928 a year according to Payscale, $210,950 according to the recruitment agency Profiles, $194,006 a year according to Jobstat, and $201,851 according to Salary.com.
Based on the data provided by Salary.com, 10% of hospitalists earn $157,149 a year or less, and 10% earn an annual pay of $252,692 or more. Jobstat reports that the highest recorded yearly salary for this occupation is $236,020, and the lowest, $128,903.
Salary by state
Hospitalist salaries also depend on geographical location, and can vary significantly from state to state. Professionals based in New York typically report salaries in the range from $147,712 to $246,643 a year, those working in California generally earn a yearly income in the range from $27,203 to $231,821, and hospitalist physicians employed in Illinois make between $152,605 and $221,025 annually.
Hospitalists working in Massachusetts are typically paid between $171,682 and $225,780 a year, and those employed in Washington report an annual pay in the range from $117,000 to $219,090. Professionals based in Pennsylvania generally earn between $173,635 and $196,907 a year, and those working in Virginia are paid between $170,000 and $217,394 a year according to the salary data provided by Payscale.
Starting salary
The average starting salary for hospitalists in their first year on the job is generally in the range from $135,741 to $208,114 a year according to Payscale. These professionals get $12,500 a year on average in bonuses. The recruitment firm Profiles reports a median starting salary of $165,000 a year for this profession.
Salary range
The salary range for hospitalist physicians varies depending on a variety of factors, including years of experience. Hospitalists with 1 to 4 years of experience typically earn between $146,390 and $233,019 a year, and those with 5 to 9 years of experience are generally paid between $84,331 and $228,779 annually.
Professionals with 10 to 19 years of experience report salaries in the range from $116,743 to $228,077 a year, and those with 20 or more years of experience under their belt are typically paid between $145,000 and $275,000 a year according to Payscale’s salary data.
Area of specialty is another factor that can significantly affect a hospitalist’s annual pay. Professionals specializing in internal medicine generally report earning salaries in the range from $143,634 to $228,049 a year, those specializing in pediatrics typically make between $135,238 and $204,527 annually, and hospitalist physicians specializing in procedures are usually paid an annual income in the range from $166,000 to $200,000 according to the salary statistics provided by Payscale.
Hospitalists’ salaries also vary from industry to industry. Professionals working in the health care sector generally earn salaries in the range from $133,955 to $236,870 a year, and those employed by hospitals are typically paid between $147,583 and $220,236 annually. Hospitalists working at acute care hospitals generally earn a yearly income in the range from $148,327 to $240,020, while those employed at internal medicine physicians’ offices are usually paid between $184,344 and $216,000 a year according to Payscale’s salary figures. Men typically earn between $117,785 and $235,554 a year, while women report yearly salaries in the range from $96,660 to $220,716.
Hourly rate
Hospitalists earn $96.47 per hour on average according to the salary data provided by Jobstat. The highest hourly wage documented by Jobstat is $117.36 and the lowest, $64.1.
Hospitalists with 5 to 9 years of experience typically earn an hourly wage in the range from $62.50 to $99.10 according to Payscale’s salary figures. Professionals with a certification from the American Board of Internal Medicine (ABIM) generally earn between $60.82 and $129.21 per hour. Those employed by institutions with 300 to 499 hospital beds are usually paid between $87.32 and $104.08 per hour.
Hospitalist physicians working at general hospitals make between $51.70 and $129.21 per hour. Professionals specializing in internal medicine report earning an hourly wage in the range between $65.50 and $104.99, and those with the degree of Doctor Medicine (MD) typically make between $85 and $110.50 per hour.
The general range for hospitalists employed in the health care sector is between $70 and $100.42 per hour, and professionals working at hospitals usually earn between $55 and $97.85 per hour according to Payscale’s data.
Benefits
Benefits can sometimes reflect a hospitalist’s average yearly earnings. Hospitalist physicians who get 401(k) plans typically earn between $154,300 and $233,741 a year, those who get malpractice and liability insurance are generally paid between $148,692 and $233,460 annually, and professionals who get life and disability insurance report an annual pay in the range from $143,500 to $239,909. Hospitalists who have 403(b) plans as part of their benefits package are usually paid between $107,164 and $239,038 annually, and those who get reimbursement for professional training, education, tuition, or certification generally earn between $142,528 and $236,997 a year. Professionals who have paid vacations and holidays make between $146,275 and $208,153 a year, and those who get a cell phone are typically paid between $29,087 and $242,149 a year according to Payscale’s salary data.
The most popular benefits among hospitalists are 401(k) plans, malpractice and liability insurance, life and disability insurance, 403(b) plans, and paid vacations and holidays.
Other income factors
Hospitalist salaries vary depending on employer type among other factors. Professionals working at hospitals generally earn between $121,829 and $232,736 a year, and those employed by companies report a yearly income in the range from $153,691 to $243,357. Hospitalist physicians working for non-profit organizations are typically paid between $171,196 and $230,177 a year, and those working for private practices and firms usually make between $137,000 and $210,900 annually according to Payscale’s income statistics.
The yearly salaries of hospitalist physicians can also vary depending on the size of the organization that employs them. Professionals working for organizations that employ 1 to 9 people typically report an annual income in the range from $26,577 to $233,424, those working for organizations with 10 to 49 employees are generally paid between $145,500 and $188,500 a year, and hospitalists working for organizations with 200 to 599 employees usually earn between $30,913 and $237,547 annually.
Hospitalist doctors working for organizations that employ 600 to 1,999 people are typically paid between $172,842 and $225,104 a year, those working for organizations with 2,000 to 4,999 employees make between $191,558 and $250,000 annually, and professionals working for organizations that employ 5,000 to 19,000 people report an annual pay in the range from $109,500 to $207,229 a year according to Payscale’s salary data.
The number of hospital beds is another factor that can affect a hospitalist’s annual salary. Professionals employed by institutions with 100 to 299 beds typically earn between $163,361 and $227,708 a year, those working at institutions with 300 to 499 beds usually report a yearly income in the range from $86,974 to $233,175, and hospitalists employed by institutions with 500 or more hospital beds are generally paid between $82,550 and $200,377 a year according to Payscale’s salary figures.