Somebody asked: “You’re a Doctor? How much do you make?” I replied: “HOW MUCH DO I MAKE?” … I can make holding your hand seem like the most important thing in the world when you’re scared… I can make your child breathe when they stop.. . I can help your father survive a heart attack… I can make myself get up at 4AM to make sure your mother has the medicine she needs to live…and I will work straight through until 4am to keep her alive and start the day all over again! I work all day to save the lives of strangers… I will drop everything and run a code blue for hours trying to keep you alive!!! I make my family wait for dinner until I know your family member is taken care of… I make myself skip lunch so that I can make sure that everything I did for your wife today was correct… I work weekends and holidays and all through the night because people don’t just get sick Monday though Saturday and during normal working hours. Today, I might save your life. How much do I make? All I know is, I make a difference. Share it, if U agree !!
Ever wondered how much money doctors make in various specialties? Well, you’re about to find out.
The online medical resource Medscape, which is owned by WebMD, just came out with its 2016 Physician Compensation Report, which features data from more than 19,200 doctors in 26 specialties. All the data is self-reported and based on information collected for Medscape’s yearly survey.
The five highest-paid doctors, by specialty, were orthopedists, cardiologists (doctors who deal with heart issues), dermatologists (doctors who deal with skin issues), gastroenterologists (doctors who deal with stomach and intestinal issues), and radiologists (doctors who use things like X-rays and ultrasounds to diagnose or treat disease).
The five lowest-paid doctors were pediatricians (child physicians), endocrinologists (doctors who specialize in hormonal imbalances), family physicians, HIV and infectious-disease specialists, and allergists.
Take a look at the graphic below to see the average earnings for doctors from each specialty:
Doctors are making more overall, but a few are making less
Overall, all doctors made more on average this year than they did last year, according to the survey. Yet there were some exceptions. Compared with average salaries from last year, for example, allergists and pulmonologists (who specialize in lung conditions) saw their incomes dip by an average of 11% and 5%, respectively. Two other specialties saw no change: pathologists and plastic surgeons.
Interestingly, rheumatologists and internists (doctors who treat autoimmune conditions and chronic conditions, respectively) made significantly more money this year (their averages increased by a whopping 12%), while nephrologists and dermatologists saw increases of 11%.
Travis Singleton, senior vice president of national physician search firm Merritt Hawkins, told Medscape he thought one of the reasons internists are making more is simply because their demand is increasing as baby boomers reach retirement.
“Over 10,000 baby boomers turn 65 every day, driving demand for internists, and their compensation, higher,” Singleton said.
Two other factors that affect doctors’ incomes: geography and gender
The three states with the highest earners this year were North Dakota ($348,000), New Hampshire ($322,000), and Nebraska ($317,000); the states with the lowest included Rhode Island ($224,000), the District of Columbia ($226,000), and Maryland ($231,000).
Women also earned significantly less than men overall. While male primary-care doctors made an average of $225,000, women with the same job title earned an average of $192,000. Male specialists made roughly $324,000; female specialists made about $242,000.