Becker's Healthcare September 9, 2024
Physician pay is not keeping up with rising practice costs.
Here are 10 notes on physician pay, pulled from Medscape’s 2024 “Physician Compensation Report” for 2024 and Medical Economics’ 2024 Physician Report
1. Here are the 10 highest-paid physician specialties:
- Orthopedic surgeons: $558,000
- Plastic surgeons: $536,000
- Cardiologists: $525,000
- Urologists: $515,000
- Gastroenterologists: $512,000
- Radiologists: $498,000
- Dermatologists: $479,000
- Anesthesiologists: $472,000
- Oncologists: $464,000
- Otolaryngologists: $459,000
2. Among physician specialists, women earn an average yearly salary of $333,000, whereas men of the same credentials earn an average of $435,000.
3. Pay among specialists increased by an average of 3% compared to average earnings in 2023.
4. Fifty-one percent of physician respondents said they do...