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.
♦ 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.