Posted: 5:57 p.m. Monday, April 29, 2013
By Kathleen Doheny, Reviewed by Hansa D. Bhargava, MD
Orthopedic surgeons earn an average of $405,000 a year, while HIV/infectious disease specialists held the bottom spot, averaging $170,000 a year.
On average, the annual salaries of the top specialists, after orthopedic surgeons, are:
At the bottom end of the scale, after infectious disease specialists, are:
Among the surprises: Despite the nice paycheck, few of the orthopedic surgeons who responded said they would pick medicine as a career again. And while more than half of all doctors who responded said they would pick medicine again, only 42% would go into the same specialty.
This is the third year for the Physician Compensation Report. The survey is conducted by Medscape, WebMD’s site for health care professionals.
The online survey, conducted during the month of February, received responses from 21,878 doctors in 25 specialties. The doctors replied to questions not only about their income, but also about their profession, the time they spend on patient care and paperwork, and other information.
Here are some other survey highlights about doctor incomes:
Wondering if your doctor spends enough time with you? On average, 30% of the doctors who answered the survey say they spend 13 to 16 minutes per patient.
Another 21% say they spend up to 20 minutes per patient.
Twenty-five percent of doctors see more than 100 patients a week. About 20% say they see 25 to 49 patients a week.
About a third of the doctors say they spend 30 or 40 hours per week on average on patient care.
Conversations about costs are usually not included in those patient talks, the doctors say. Only 30% say they regularly discuss cost with a patient, preferring to focus on treatment options.
Paperwork eats up the other time: 51% say they spend 5 to 14 hours a week on paperwork. And 17% say paperwork, including computer-based reports, takes them more than 20 hours weekly.
Only 2% of doctors who responded say they felt nothing rewarding about being a doctor.
And 51% say they would still choose medicine as a career if they were to start over. Who's most satisfied?
More than a third of doctors say finding a diagnosis or answers was most rewarding, and 31% cite their relationship with their patients as rewarding.