RxDoctor Payments Data

Psychiatry: industry payments

Drug and device makers reported $525,113,442 in payments to providers registered in this specialty across Open Payments program years 20192025.

Providers
36,282
Received a payment
30,210 (83.3%)
Total reported
$525.1M
Average, those paid
$17,382

The average is computed only over providers who received something, because including the 6,072 who received nothing would produce a number that describes neither group. Totals are dominated by a small number of large royalty and consulting arrangements; the typical payment in this specialty is far smaller than the average implies.

What Medicare pays psychiatry clinicians

Part B allowed per clinician, 2024
$43,621
Of which, services
$43,566
Clinicians billing Part B
18,625

Across 18,625 psychiatry clinicians who billed Original Medicare Part B in 2024, Medicare allowed $812,443,530 in total — an average of $43,621 each, of which $43,566 was for services and the rest for drugs administered in the office.

This is not a salary. The rest is what Medicare allowed for services these clinicians billed — Original Medicare fee-for-service only. It excludes Medicare Advantage, which now covers more than half of Medicare enrollees, along with Medicaid and every commercial insurer, so for most clinicians it is a fraction of their practice. It is also gross revenue: staff, rent, supplies and malpractice premiums all come out of it before anyone is paid. Anyone quoting a figure like this as physician pay is misreading it.

What psychiatry clinicians earn

Medicare billing is not pay. For what clinicians in this field actually earn, the U.S. Department of Labor publishes employer-reported wages — median, low end and top 10% — nationally and by state.

Psychiatry salary data →

By state

StateProvidersTotal reportedPer provider
Connecticut644$140,040,858$217,455
California4,954$47,564,206$9,601
Texas2,238$39,716,809$17,747
New York3,713$37,740,200$10,164
Florida2,059$33,810,257$16,421
Ohio1,119$22,476,001$20,086
North Carolina1,108$16,491,265$14,884
Pennsylvania1,838$16,131,584$8,777
Missouri680$14,498,170$21,321
Georgia900$11,756,670$13,063
Virginia884$11,282,277$12,763
Tennessee503$9,459,778$18,807
Michigan1,166$9,330,988$8,003
Illinois1,344$8,977,510$6,680
Indiana514$8,072,299$15,705
Kentucky348$6,514,044$18,719
Washington576$5,625,541$9,767
Maryland851$5,369,322$6,309
New Hampshire166$5,275,296$31,779
Massachusetts1,431$5,163,168$3,608
Alabama400$4,866,937$12,167
Mississippi219$4,738,865$21,639
Louisiana474$4,577,437$9,657
West Virginia177$4,494,450$25,392
New Jersey1,119$4,432,970$3,962
South Carolina624$3,959,326$6,345
Wisconsin543$3,673,527$6,765
Arizona573$3,591,634$6,268
Nevada243$3,502,204$14,412
Utah231$3,070,839$13,294
Arkansas235$3,058,964$13,017
South Dakota79$3,055,940$38,683
Rhode Island209$3,008,907$14,397
Oklahoma328$2,976,418$9,074
Kansas259$2,846,432$10,990
Colorado559$2,750,873$4,921
Iowa245$2,121,819$8,660
Nebraska160$1,951,517$12,197
Minnesota552$1,927,582$3,492
New Mexico174$954,897$5,488
Hawaii183$917,159$5,012
District of Columbia226$810,020$3,584
Puerto Rico312$552,916$1,772
Delaware114$417,018$3,658
Montana82$356,136$4,343
Oregon366$269,628$737
Maine167$265,500$1,590
Guam3$255,253$85,084
Alaska81$142,056$1,754
Wyoming29$112,274$3,872
Idaho98$81,410$831
North Dakota63$62,192$987
U.S. Virgin Islands2$4,799$2,399
Vermont96$3,964$41
AE9$2,024$225
AP5$596$119
FM1$0$0