📊 Methodology

 

At MedSalaryData.com, we strive to provide accurate, transparent, and actionable physician and nurse salary information. Here’s how we gather and validate our data:

1. Data Sources

We aggregate numbers from:

  • Government & Industry Reports

    • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics

    • CMS (Centers for Medicare & Medicaid Services) public datasets

    • MGMA (Medical Group Management Association) annual compensation surveys

  • Job Postings & Recruiter Data

    • Hospital systems’ public salary ranges

    • Healthcare staffing firms (e.g., CompHealth, Merritt Hawkins)

  • Anonymous Crowdsourcing

    • Voluntary submissions from verified medical professionals (stripped of identifiers)

2. Verification Process

To ensure reliability:
 Cross-Checking – We compare figures across at least 2-3 independent sources.
 Outlier Removal – Extreme highs/lows are flagged and excluded unless verified.
 Time Adjustments – All salaries are updated for 2024 and adjusted for inflation where needed.
 Experience-Level Weighting – Entry-level vs. senior roles are separated.

3. Geographic & Specialty Adjustments

  • Regional Variance – Salaries are normalized for cost of living (e.g., $150K in NYC ≠ $150K in rural Texas).

  • Specialty-Specific Data – Surgical specialties, CRNAs, and NPs are analyzed separately from general RNs.

4. Limitations

  • Self-Reporting Bias – Higher earners are more likely to share data.

  • Benefits & Bonuses – Total compensation (retirement, equity) may not be fully reflected.

  • Sample Sizes – Rare specialties may have fewer data points.

5. How You Can Contribute

Help improve our dataset by:
🔹 Submitting Your Salary Anonymously
🔹 Reporting Discrepancies via contact@medsalarydata.com