Becker's Healthcare November 1, 2024
Here are 10 notes on the state of cardiology’s workforce and compensation in 2024, as reported by Becker’s:
1. Nationally, there are 15,190 cardiologists working with a mean annual wage of $423,250, according to the Bureau of Labor Statistics.
2. New York and California have the most employed cardiologists at 1,890 and 1,260 respectively.
3. The median compensation for cardiologists increased 7.9% from 2023 to 2024, going from $552,056 to $595,827, according to the American Medical Group Association.
4. Cardiologists are largely employees — 88% were employed or leased by a hospital or health system, according to American College of Cardiology’s consulting firm, MedAxiom.
5. MedAxiom also found that invasive cardiologists were the top earners in both private...
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