How much does a Physician Advisor make?

The average salary for a Physician Advisor is $208,123 per year in United States. Salaries estimates are based on 94 salaries submitted anonymously to Glassdoor by a Physician Advisor employees in United States.

The highest salary for a Physician Advisor in United States is $290,665 per year.

The lowest salary for a Physician Advisor in United States is $156,093 per year.

If you are thinking of becoming a Physician Advisor or planning the next step in your career, find details about the role, the career path and salary trajectory of a Physician Advisor.

Candidates for the role of physician advisor must hold an active and unrestricted medical license, be a member of a hospital’s clinical staff team, have a strong working knowledge of patient safety, and understand hospital operations. Since these qualifications post a high barrier to entry, pay for physician advisors is high. It is expected to rise further as the aging and chronically ill American population drives up demand for medical services.

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Around 77% of physician advisors report being satisfied with their salary in Glassdoor's anonymous ratings. For those looking to increase their salary, annual cash bonuses and profit sharing may provide an additional $27,521.23 per year. Location can also impact your salary as a physician advisor.

Because a physician advisor is required to have a medical degree and a valid license to practice medicine in the state where they work, pay is usually high and ranges from $120,711.57 to $380,865.84. In the career path of a physician advisor, many opt to eventually open their own practices down the line. Further education also provides a boost to total pay.

Do you want to earn a higher salary as a physician advisor? Experience is a major factor in pay, and having worked as a Doctor of Medicine or a Doctor of Osteopathic Medicine previously can provide a higher starting salary. However, good communication skills are a requirement for the position, and taking a course or continuing education in negotiating skills or leadership can move a physician advisor towards the higher end of the pay scale. Location and industry also impact salary, and many physician advisors can earn more by relocating or working in a specialty field.

If you want to ask for a raise as a physician advisor, research the market rate of your role, making sure to account for experience and the local area, and review your recent job performance. Start the conversation with a positive tone, such as, "I appreciate the opportunities the company has given me." Then move into a brief review of any additional responsibilities you have taken on or any recent highlights of your work, before addressing the raise. You will usually want to ask for 10% to 20% above your current salary. Another option is to search for a new physician advisor job and negotiate a higher starting salary.