Physician Salaries and Trends at a Glance

Written by on May 1, 2014 in Features - No comments
DocsWEB
Physician Salaries & Careers

DocsWEBPhysician salaries are complied in this article based on research from 2011, 2012 and 2013.  From our research, most specialist have increased in earn power with the exception of two specialties, Diabetes Endocrinology and Oncology.  These two specialties have been stable however.

Our research reveals that physicians that are board certified earn about $100,000.00 more per year than physicians without board certification.  More doctors are opting in on billing insurance companies than requiring payment at time of services.  Only about 2% of all specialists are participating in Concierge Practices and about 4% are accepting cash only.

The following salary range represents average annual Physician Compensation by practice settings:

  • Employee $160,000 to $215,000
  • Independent Contractor $145,000 to $235,000
  • Practice owner (solo practice) $130,000 to $215,000
  • Practice partner $210,000 to $305,000

Male physicians that practice in specialty practices earn an average of $230,000 to $260,000 while their female counterparts earn $185,000 to $220,000.  Taking a look at primary care, men earn about $185,000 while women earn just over $160,000.

These average salaries are based largely on data compiled by Research, Government and Military contracts.

Physician Salaries at a Glance:

These specialties will slightly vary depending on the geographical area with the Great Lakes earning slightly higher than any other region and the West Coast, California and Alaska earning the least.  The other regions are pretty much in line with one another.

  • Allergy/Immunology           $220,000
  • Anesthesiology                     $315,000
  • Cardiology                             $385,000
  • Critical Care Medicine         $240,000
  • Dermatology                         $300,000
  • Emergency Medicine           $205,000
  • Endocrinology                     $190,000
  • Family Medicine                  $190,000
  • Gastroenterology                $335,000
  • Gynecological Oncology     $390,000
  • Gynecology                           $220,000
  • Hospitalist                             $200,000
  • Internal Medicine                $200,000
  • Neurosurgery                        $550,000
  • Neurology                              $230,000
  • OB & GYN                               $265,000
  • Ophthalmology                     $240,000
  • Orthopedic Surgery              $570,000
  • Pathology                               $190,000
  • Pediatrics                               $180,000
  • Psychiatry                              $205,000
  • Radiology                               $415,000
  • Rheumatology                      $205,000
  • Surgery-General                   $320,000
  • Surgery-Cardiac                    $500,000
  • Surgery-Plastic                      $370,000
  • Surgery-Trauma                    $385,000
  • Urgent Care                           $195,000
  • Urology                                   $340,000

By Philip Driver
CEO of Physician Solutions

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