Medscape recently released a 2013 Physician Compensation report outlining the average earnings for physicians of different specialties, which specialties have seen a decline in pay, the differences in pay between men and women, and a range of more information. More than 24,000 doctors in 25 different specialties responded to Medscape’s annual survey.
The earnings chart also showed that earnings ranged by region. “The Bureau for Labor Statistics also reports that rural PCPs have higher earnings than those who live in cities,” according to Medscape. “This disparity might be attributed to less competition in smaller communities, which usually have to pay more to attract physicians.”
In the Northwest, a primary care physician averages about $249,000 annually, as opposed to the Northeast, where the annual salary is $239,000.
Another graph on compensation satisfaction also finds that the physicians who were most likely to say their compensation was fair were dermatologists, who averaged $308,000 annually. Plastic surgeons, averaging an annual salary of $321,000, were on the opposite end, saying their compensation was least fair.
Anesthesiologists spend the most time seeing patients at 79 percent and pathologists spend the least time — around 22 percent annually.
When it came to picking their specialty, only 26 percent of physicians said that they would choose the same practice, and 47 percent said that they would choose the same specialty.
To see a full list of the different infographics, visit Medscape.