24 of 30 top paying jobs are medical field
Disclaimer: I’m unsure of the political affiliation of this chart ***
Disclaimer: I’m unsure of the political affiliation of this chart ***
OT: Looks like you should work in medicine
- Thread starter horshack.sixpack
- Start date
Dermatologists make 60 - 70k more than neurologists on average? Psychiatrists make more than general practitioners and 60 -70 more than general dentists??
Nahhhhhhhhhhhhhhhhh..
Psychiatrists usually make over $300k. Varies some by setting and some of that is bonus. Derm pays well
I could literally put a chart up of all SPS poster's birthdays, sourced by their moms, and somebody would argue the data, likely without even checking the source or nature of the data...
You really think an orthopedic surgeon goes in debt for nearly a million dollars and signs up to not earn a dime until they’re in their 30’s just so they can make $365k
Whoever made that chart is on crack.
Whoever made that chart is on crack.
I just posted a chart, so what I "think" is really irrelevant. It's the mean...and only considers base salary, and reflects the data source that they cited. That's the BLS data. I assume it might be more heavily weighted to academic and government roles vs private practice, particularly partner/owners. I also suspect that if you had all the private data, the relative positions wouldn't change too dramatically and the highest paid people in the US would be healthcare, on average, just like the chart suggests.
Forgive us if some of us are a bit cynical of anything flashed in front of us without knowing the full story and population of the sample. I guess it's the Gen X in me.
Well, I just saw a contract this week, so I'm telling you, it's off. I've seen enough contracts the past several years you can act like an idiot all you want I a won't care. But yes, go medical if you can.
Yeah, if the data is almost all coming from academic and government, then maybe, but it’s lower than people get paid outside of that and lower than average nationally. The medscape data below is more realistic, but I don’t know it for every specialty. Lots of variation by practice setting as well
- Orthopedics & Orthopedic Surgery: $564,000
- Plastic Surgery: $544,000
- Radiology: $526,000
- Cardiology: $520,000
- Gastroenterology: $513,000
- Urology: $505,000
- Anesthesiology: $501,000
- Otolaryngology: $484,000
- Oncology & Hematology: $472,000
- Dermatology: $454,000
- General Surgery: $434,000
- Critical Care: $418,000
- Ophthalmology: $409,000
- Pulmonary Medicine: $402,000
- Pathology: $388,000
- Emergency Medicine: $388,000
- Ob/Gyn: $372,000
- Nephrology: $363,000
- Physical Medicine & Rehabilitation: $362,000
- Psychiatry: $341,000
- Neurology: $332,000
- Allergy & Immunology: $319,000
- Internal Medicine: $294,000
- Rheumatology: $284,000
- Family Medicine: $281,000
- Infectious Diseases: $277,000
- Diabetes & Endocrinology: $274,000
- Public Health & Preventive Medicine: $269,000
- Pediatrics: $265,000
"The survey does not include the self-employed, owners and partners in unincorporated firms, household workers, or unpaid family workers.
Wages for the OEWS survey are straight-time, gross pay, exclusive of premium pay. Base rate; cost-of-living allowances; guaranteed pay; hazardous-duty pay; incentive pay, including commissions and production bonuses; and tips are included. Excluded are overtime pay, severance pay, shift differentials, nonproduction bonuses, employer cost for supplementary benefits, and tuition reimbursements."
I imagine there's a lot of self-employed contractors getting excluded from the survey.
MSU Business School should look into opening up a degree program in Hedge Fund Management. Then we could eventually have some Billionaires of our own.
Numbers are way off on this post, but I’m not disagreeing
Way easier ways to make money though.
Way easier ways to make money though.
Thread detour:
Veterinarians in general practice have to be skilled in almost every one of those fields.
Veterinarians in general practice have to be skilled in almost every one of those fields.
Site won’t let me upload an image for some reason, but please google Health Care Administration salaries and cost rise vs physician salary rise over the past 50 years before you start complaining about physicians.
Medical salaries are hard to pin down because some of the data includes semiretired, women with kids, and locum tenens part timers. When I retired I wanted to be done with it, and I didn't think medicine should be practiced sporadically..
magazine editor didn't make the list? List is shlt.
Yeah, healthcare work is a piece of cake. It’s easy as hell, EASY money. ****. Try being at the point of contact for all of the for all the current discontent with the system. Providers catch ALL of it from every side , patients and third party payers And the government. It’s so easy that’s why we are facing a serious shortage of providers now. Anybody that goes into it now is either solely after the money, or is seriously dedicated. The last category I tip my hat to. I hope their dedication survives. It’s amazing how many of us it does survive in.
Several years ago, I saw a post with an open records listing the top grossing employees from North MS Health System from the year prior. By far, the top was the president, followed at least one or two more non-physician administrators.
The highest two physicians were a trauma surgeon and Rheumatologist, both around 1 million. Then a pretty good gap from there.
There are a lot of sub-niches within each specialty that will cause some variation. Like an interventional Cardiologist vs a more general Cardiologist. Or an Ortho that does hip and knee replacements. Family Medicine and Pediatrics are generally the lowest, although there’s more flexibility for family docs to possibly make more.
The highest two physicians were a trauma surgeon and Rheumatologist, both around 1 million. Then a pretty good gap from there.
There are a lot of sub-niches within each specialty that will cause some variation. Like an interventional Cardiologist vs a more general Cardiologist. Or an Ortho that does hip and knee replacements. Family Medicine and Pediatrics are generally the lowest, although there’s more flexibility for family docs to possibly make more.
I don’t disagree, but I’m not sure this chart is necessarily evidence of that.
Why shouldn’t the fields that take a decade of schooling and mountains of expense be the highest paid?
Aren't most doctors, perhaps other than family medicine, now employees of hospitals or other medical organizations, rather than having their own practice? They're on salary just like most other people. They're also subject to reduction in force if the clients aren't there.
Because that applies to hundreds of occupations, maybe thousands, and they dont get compensated like that.
What other profession requires the training that medicine does? I started medical school when I was 23, and I'll be 34 when I finish my training. All without any years off or repeated. 4 of those completely unpaid (and going 200-300k in debt), and the other 7 at roughly 60k per year to work 80 hours a week.
Please name one of these thousands of other occupations other than a medical specialty that requires a minimum of seven years of post college graduate training, trade in the best years of their lives for such training, that only selects the top college graduates, that is expected to perform at the highest level any night, weekend or holiday, that is required to continue to keep training for licensure and specialty board certification, and that will get sued into oblivion if they possibly do something wrong? Don't be jealous.
Edited to add: $350,000- 400,000/ year in 1996 was a lot of money. It's not that much today. My HVAC repairman probably makes that much.
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Orthopedic surgery groups and other surgical specialties own ambulatory surgery centers they make money off of. Dermatologists own skin beauty spas and do a boatload of cash and carry procedures that aren’t covered by insurance. The above chart does not appear to take any of that into account. I personally know multiple physicians who go make millions a year because of how well their business model is set up.
I killed myself in college, then did 4 years of medical school, then did three years of residency, then did three years of fellowship. Now I work 10-12 hour days, take call, and frequently work weekends.
Everyone always loves capitalism until it comes to doctors .
Do you think Doctors are purposely holding back cures? If they had a cure for a certain presently incurable disease, they would use it, publish it, and probably win a Nobel Prize.