Nearly 20,000 physicians across 25 specialties responded to Medscape’s 2015 Compensation Survey. Check out our infographic!
The top three earners this year are Orthopedics (421k), Cardiology (376k), and Gastroenterology (370k). When compared with Medscape’s 2014 Compensation Report, Urology (344k) dropped from the #3 spot to the #7 spot. Other notable salary highlights include:
♦ The lowest earners saw a bit of change with HIV/ID moving from the very last spot, up 5 slots at 213k.
♦ The bottom earners are Diabetes & Endocrinology and Internal Medicine tied with 196k, Family Medicine (195k) and Pediatrics (189k).
♦ The greatest increases were seen in HIV/ID (up 22%), Pulmonary Medicine (15%), and Emergency Medicine (12%) and Pathology (12%).
♦ Of interest, Family Medicine jumped 10%.
How Much Do Physicians Earn?
Decreases in Compensation:
♦ Rheumatology and Urology were the only two specialties that experienced a decrease in average compensation at 4% and 1%, respectively.
Primary Care vs Specialties:
♦ On average, PCPs earned 195k, compared to specialty salaries of 284k.
Who Would Choose Medicine Again?
♦ PCPs, the 2nd lowest paid, are ranked first (73%).
♦ Orthopedics, the highest paid, are ranked last (50%).
Top 10 Earning States for Physicians Overall:
Click here to view the 10 lowest-earning states.
Additional Highlights:
♦ Lowest earners still live in the Mid-Atlantic (254k) and Northeast (253k).
♦ Highest earners now live in the Northwest (281k) and North Central (270k), spots previously held by the Great Lakes and North Central region.
♦ Salaries for men vs women who are self-employed are 324k and 259k.
♦ Salaries for men vs women who are employed are 249k and 203k.
View our highlights from Medscape’s 2014 Compensation Report.
Source: Medscape Physician Compensation Report 2015