What Do Doctors Make?

Great question.  While it’s easy to just google and find something, here is some American Medical Group Association referenced data compiled after a compensation survey in 2009.  This information seems legit because I got it from the U.S. Dept. of Human & Health Services.

Medical Specialties
Allergy $241,138
Cardiology $398,034
Cardiology – Branch ** $446,891
Cardiology – Cath Lab $471,746
Cardiology – Echo Lab/Nuclear $414,500
Cardiology – Electrophysiology Pacemaker $437,000
Critical Care Medicine $268,250
Dermatology $350,627
Dermatology – Branch $334,135
Dermatology – Mohs $516,468
Endocrinology $212,281
Family Medicine $197,655
Family Medicine – Branch $187,727
Family Medicine with Obstetrics $202,047
Family Medicine with Obstetrics – Branch $188,785
Gastroenterology $389,385
Gastroenterology – Branch $447,184
Genetics $193,344
Geriatrics $211,425
Hematology & Medical Oncology $315,133
Hematology & Medical Oncology- Medical Oncology Only $248,623
Hospitalist $211,835
Hypertension and Nephrology $246,049
Infectious Disease $222,094
Intensivist $273,520
Internal Medicine $205,441
Internal Medicine – Branch $189,187
Internal Medicine – Office Only $168,133
Neurology $236,500
Occupational/Environmental Medicine $214,146
Ophthalmology – Medical $231,493
Orthopedic – Medical $265,345
Pain Management – Non-Anesthesiology $260,350
Palliative Care $186,924
Pediatrics & Adolescent – Adolescent Medicine $205,395
Pediatrics & Adolescent – Allergy $195,973
Pediatrics & Adolescent – Branch $183,892
Pediatrics & Adolescent – Cardiology $244,944
Pediatrics & Adolescent – Developmental Behavioral $170,769
Pediatrics & Adolescent – Endocrinology $185,901
Pediatrics & Adolescent – Gastroenterology $236,700
Pediatrics & Adolescent – General $202,832
Pediatrics & Adolescent – Hematology/Oncology $205,999
Pediatrics & Adolescent – Hospitalist $167,953
Pediatrics & Adolescent – Infectious Disease $199,165
Pediatrics & Adolescent – Intensive Care $256,913
Pediatrics & Adolescent – Internal Medicine $208,838
Pediatrics & Adolescent – Neonatology $265,000
Pediatrics & Adolescent – Nephrology $217,767
Pediatrics & Adolescent – Neurology $209,955
Pediatrics & Adolescent – Pulmonary $176,974
Pediatrics & Adolescent – Urgent Care $196,934
Physical Medicine & Rehabilitation $236,500
Psychiatry $208,462
Psychiatry – Child $214,304
Psychiatry – Inpatient $218,472
Psychiatry – Outpatient $184,946
Pulmonary Disease $278,000
Pulmonary Disease – Sleep Lab $259,444
Reproductive Endocrinology $317,943
Rheumatologic Disease $219,411
Sports Medicine $214,249
Urgent Care $215,625
Surgical Specialties
Bariatric Surgery $360,000
Cardiac & Thoracic Surgery $507,143
Cardiovascular Surgery $509,302
Colon & Rectal Surgery $366,895
Emergency Medicin
e
$267,293
Emergency Medicine – Pediatrics $217,551
General Surgery $340,000
General Surgery – Branch $309,750
Maternal/Fetal Medicine $394,121
Neurological Surgery $548,186
Neurological Surgery – Pediatrics $612,851
OBGYN – General $294,190
OBGYN – Branch $280,606
OBGYN – Gynecological Oncology $406,000
OBGYN – Gynecology only $218,607
OBGYN – Obstetrics $301,773
OBGYN – Urogynecology $301,777
Oncology – Surgical $337,475
Ophthalmology $325,384
Ophthalmology – Branch $277,975
Ophthalmology – Pediatrics & Adolescent $283,853
Ophthalmology – Retinal Surgery $443,827
Oral Surgery $380,500
Orthopedic Sports Medicine $484,320
Orthopedic Surgery $476,083
Orthopedic Surgery – Branch $483,400
Orthopedic Surgery – Foot & Ankle $399,445
Orthopedic Surgery – Hand $465,006
Orthopedic Surgery – Joint Replacement $580,711
Orthopedic Surgery – Pediatrics $424,367
Orthopedic Surgery – Spine $641,728
Orthopedic Surgery – Trauma $465,773
Otolaryngology $365,171
Otolaryngology – Branch $343,698
Otolaryngology – Head & Neck Surgery $334,250
Pediatric Surgery $400,591
Plastic & Reconstruction $388,929
Thoracic Surgery $405,842
Transplant Surgery – Kidney $348,000
Transplant Surgery – Liver $433,333
Transplant Surgery – Medical $354,158
Trauma Surgery $399,558
Urology $389,198
Urology – Branch $317,322
Vascular Surgery $403,041
Radiology/Anesthesiology/Pathology Specialties
Anesthesiology $366,640
Anesthesiology – Pain Clinic $379,000
Dermapathology $333,250
Diagnostic Radiology – M.D.s Interventional $478,000
Diagnostic Radiology – M.D.s Neuro-Interventional $458,187
Diagnostic Radiology – M.D.s Non-Interventional $438,115
Diagnostic Radiology – Mammography $513,402
Nuclear Medicine (M.D.s Only) $386,506
Pathology – M.D.s Anatomic $285,173
Pathology – M.D.s Clinical $272,500
Pathology – M.D.s Combined $344,195
Radiation Therapy (M.D.s Only) $413,518
Midlevel Providers
Dentistry $167,389
Podiatry – Medical $190,596
Podiatry – Surgical $232,121
Podiatry – Surgical – Branch $175,565

* This information was obtained from the 2009 Medical Group Compensation and Financial Survey published by the American Medical Group Association® (AMGA). For further information, visit AMGA’s Web site at http://www.amga.org/

** Branch is defined as: A physician who practices at a satellite clinic or office removed from the main campus and may be subject to different practice patterns and productivity standards.

A couple notes about this chart, first I didn’t know that according to the government Emergency Medicine is a surgical specialty and being a dentist makes one a mid-level provider.  I also didn’t find any statistics related to this chart.  So I am unsure if survey responses over/under represent a certain region or demographic.  Also, unsure if survey responses are from a fair number of new, current, and soon-to-be retiring practitioners – as the point of one’s career would make a large difference on current income. Next, I do not know if these compensations take into account any physician owned medical building or property (ie: physician hospitals, physician owned MRIs, etc).  Lastly, I couldn’t find out if this was net-pay or gross pay or before malpractice premiums pay or something other than those.

Average Take Home
Medical Specialties — $252,106
Surgical Specialties — $390,866
Rads/Anesthesia/Path — $389,041
Mid-Level Providers — $191,418

As I looked at this whole table, I was a little surprised.  Not really by the amount physicians made, I had a good idea already, but the fact that just yesterday I posted that physicians are having a hard time keeping their practices open.  This data just by itself strikes me as odd that physicians cannot make enough money to keep practicing in some instances.
This makes me wonder, how much are those student loan payments?  I am figuring that I’ll be close to $200,000 in debt post-med school.  By bringing home a salary of $160,000/year, am I really not going to be able to pay off loans, pay for a family, and pay for a decent mortgage?

Something doesn’t seem like it connects here.  Either student loan repayment is VERY expensive (which I guess I wouldn’t really be too surprised by that – the banks definitely know how to steal everyone’s money) or these surveys aren’t accurate in some way. Or it could be something else entirely.  Who knows?