Physician Salary in New Mexico (2026)

Worth knowing: UNM University of New Mexico Health Sciences Center Albuquerque is one of the country's most distinctive concentrated US single-state academic medical center configurations and a feature most national physician compensation surveys understate for NM. UNM HSC (the only NM academic medical center + the only NM MD-granting institution + UNM School of Medicine + UNM College of Pharmacy as only NM PharmD-granting institution + UNM College of Nursing + UNM College of Population Health + UNM Department of Physical Therapy as only NM DPT-granting institution + UNM Cancer Center NCI-designated as only NM NCI-designated cancer center + UNM Carrie Tingley Children's Hospital + UNM Comprehensive Stroke Center as only NM Comprehensive Stroke Center + UNM Center for HIV + Hepatitis Programs + UNM Mind Research Network + UNM Health Sciences Center research enterprise + UNM Hospital ~600-bed academic flagship + the only NM Level 1 trauma center + the only NM verified pediatric trauma center at UNM Children's Hospital) operates substantial academic + tertiary physician practice as New Mexico's only academic medical center. Presbyterian Healthcare Services (the largest NM health system ~12K employees + Presbyterian Hospital Albuquerque + Presbyterian Kaseman Hospital + Presbyterian Rust Medical Center + Presbyterian Espanola + Presbyterian Santa Fe + the substantial Presbyterian-UnitedHealth Optum partnership + the substantial Presbyterian post-2020 expansion + the substantial Presbyterian Healthcare Services system covering substantial NM Albuquerque + Santa Fe + Rio Rancho + Espanola + the substantial Presbyterian Medicare Advantage + commercial insurance plans) supports substantial NM commercial + tertiary medicine. Lovelace Health System Albuquerque (~4K + Lovelace Medical Center + Lovelace Women's Hospital + Lovelace Westside + the substantial Lovelace post-2017 Ardent Health Services partnership) supports substantial Albuquerque medicine. Christus St Vincent Regional Medical Center Santa Fe (the substantial Catholic Christus Santa Fe system + ~3K employees + the substantial Christus-Mayo Clinic Care Network partnership) supports substantial Santa Fe area medicine. The substantial NM Indian Health Service IHS hospitals (Gallup Indian Medical Center + Santa Fe IHS Service Unit + Acoma-Canoncito-Laguna Service Unit + Albuquerque Indian Health Center + Zuni-Ramah Service Unit + the substantial NM IHS supporting NM-Pueblo + Apache + Navajo tribal healthcare + the substantial federal IHS Loan Repayment Program substantial physician recruitment) supports substantial NM federal physician work. NM IMLC since 2017 + NM NP Full Practice Authority since 1993 (one of country's earliest US FPA states + substantial NP-physician collaborative competition) + NM progressive 1.7-5.9% top by 2026 + NM is NOT a RTW state + NM property tax ~0.74% + no state estate tax + lower NM cost of living anchor the NM physician proposition.