Best Paid, Worst Paid Doctors
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Health News Email a FriendPrint Article Information and Resources Best Paid, Worst-Paid Doctors Medscape Survey: Doctors Making Less, Worrying More ByDaniel J. DeNoonWebMD Health News Reviewed byLaura J. Martin, MD
April 24, 2012 -- Radiologists and orthopedic surgeons are the best paid of all doctors and pediatricians earn the least, Medscape/WebMD's annual Physician Compensation Survey finds.
Overall, doctors are earning less and worrying more, according to the online survey of more than 24,000 doctors from 25 medical specialties.The most disturbing finding: If they had it to do over again, 46% of doctors would not choose medicine as a career. That's way up from last year, when only 31% regretted their career choice.
Best-Paid DoctorsEven so, the top-earning doctors aren't going broke. The top 10 highest paid doctors are:
Radiologists: $315,000 Orthopedic surgeons: $315,000 Cardiologists: $314,000 Anesthesiologists: $309,000 Urologists: $309,000 Gastroenterologists: $303,000 Oncologists: $295,000 Dermatologists: $283,000 Plastic surgeons: $270,000 Ophthalmologists: $270,000 Worst-Paid DoctorsThe 10 least paid doctors are:
Pediatricians: $156,000 Family medicine doctors: $158,000 Internal medicine doctors: $165,000 Diabeticians/Endocrinologists: $168,000 Psychiatrists: $170,000 HIV/infectious disease specialists: $170,000 Rheumatologists: $180,000 Neurologists: $184,000 Nephrologists: $209,000 Ob-gyns: $220,000Why Doctors Worry
A doctor's specialty may make less of a pay difference than a doctor's sex. Female doctors make 40% less than male doctors, although female primary care doctors make only 23% less than their male peers.
One possible reason: Female doctors spend more time with patients than male doctors do.
To some Americans, these salaries may seem pretty high. But only 11% of doctors consider themselves rich. And 45% of doctors agree that "My income probably qualifies me as rich, but I have so many debts and expenses I don't feel rich."
So what makes doctors worry? According to the survey:
Declining income worries and frustrates many doctors. Some doctors resent the greater pay earned by doctors in other specialties. Increased regulation and documentation take the joy out of medicine. Doctors fear how new accountable care organizations will affect their patients -- and their pay. Doctors feel they must continue to practice "defensive medicine" to avoid malpractice claims. View Article Sources
SOURCE:
WebMD/Medscape Physician Compensation Survey, 2012.
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