Where can I find information regarding physician salary?

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JustMed

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I'm worried about being able to repay the cost of a medical school education.

Honestly there's a lot of information out there, I know it's going to depend on specialty along with other variables. I would like to plan out my future and determine exactly what it takes to repay that debt. But there isn't really a standard place to find out exactly what a physician takes home every week.

Can someone help me out? This is not meant to offend and will not effect my decision to go to medical school. But it will effect the my future and I like to manage my future as best I can.

Thank you!

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well it WAS available at www.mdsalaries.blogspot.com but i just checked it and the site seems to be gone.

you can just google the salary by speciality one at a time...

good luck
 
I'm worried about being able to repay the cost of a medical school education.

Honestly there's a lot of information out there, I know it's going to depend on specialty along with other variables. I would like to plan out my future and determine exactly what it takes to repay that debt. But there isn't really a standard place to find out exactly what a physician takes home every week.

Can someone help me out? This is not meant to offend and will not effect my decision to go to medical school. But it will effect the my future and I like to manage my future as best I can.

Thank you!

www.google.com


Truth be told, though, it's likely to change in the next few years w/ healthcare reform so, frankly, nobody knows.
 
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eh, not really

well, yes to this...physician salaries have been moving long before obama.


True... However, with the healthcare reform stuff sitting in front of us, I've had many physicians tell me just how uncertain the future is when it comes to job prospects.
 
salary.com

just type in specialty and location and they should give you the salary
 
I'm worried about being able to repay the cost of a medical school education.

Honestly there's a lot of information out there, I know it's going to depend on specialty along with other variables. I would like to plan out my future and determine exactly what it takes to repay that debt. But there isn't really a standard place to find out exactly what a physician takes home every week.

Can someone help me out? This is not meant to offend and will not effect my decision to go to medical school. But it will effect the my future and I like to manage my future as best I can.

Thank you!

There is no average physician income that will be very helpful for you. How much you earn will depend on your specialty, your location, and how much you work. For instance, if you become a pediatrician and work 3 days a week you might pull in 90K a year. If you happen to become a specialist in whatever field is hot in the future, working 90 hours a week performing highly reimbursed procedures, you may pull in 900K. And there is every conceivable permutation in between.

In the end I think most people let finances play some part in their decision to pick one field over another, but it's usually not high on the list of factors. If you have high debt but like family medicine/pediatrics/psychiatry/etc. and can't see yourself doing anything else, you find a way to make it work. You may opt for an income contingent repayment plan, or find a loan forgiveness program for a few years.

I can say that for the vast majority of applicants attending medical school is still a viable financial proposition, assuming you enjoy medicine. It's a lesson in delayed gratification, but if you are patient and play your cards right there is much gratification to be had.
 
True... However, with the healthcare reform stuff sitting in front of us, I've had many physicians tell me just how uncertain the future is when it comes to job prospects.

I had an ophthalmologist who pulls down 7 figures tell me that anyone not doing elective operations will be making 35k per year because of Obama... That doesn't mean he has any credibility.
 
I had an ophthalmologist who pulls down 7 figures tell me that anyone not doing elective operations will be making 35k per year because of Obama... That doesn't mean he has any credibility.

Regardless of how the exact numbers shake out, people doing electives will definitely need the largest rake in the near future.

Pure speculation, but I think most cath lab and bypass operations will continue to pay well. The vascular surgeon I shadow said most of his lower-limb bypass ops are reimbursed at $15 - $20,000, and a lot of his patients are already on public aid. Even if the reimbursement gets cut in half it is still feasible to earn $20 - $30K in a single day, as long as you have enough patients needing bypass.
 
I had an ophthalmologist who pulls down 7 figures tell me that anyone not doing elective operations will be making 35k per year because of Obama... That doesn't mean he has any credibility.

I have been continuously depressed by the number of my peers who know no more of the contents of the reform law than a 6 year-old. All I can say is that they have been burned by most every reform attempt in the past, so perhaps they are justifiably gun shy.

If one steps back, the reform law dumps billions more dollars into the health care system, and ostensibly decreases the number of uninsured patients. Both of those are wins for the profession. I'm expecting screws will be tightened in some areas, loosened in others, and in the end we will come out at least on par with the current situation.
 
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Regardless of how the exact numbers shake out, people doing electives will definitely need the largest rake in the near future.

Pure speculation, but I think most cath lab and bypass operations will continue to pay well. The vascular surgeon I shadow said most of his lower-limb bypass ops are reimbursed at $15 - $20,000, and a lot of his patients are already on public aid. Even if the reimbursement gets cut in half it is still feasible to earn $20 - $30K in a single day, as long as you have enough patients needing bypass.

of course then you have to be a vascular surgeon... ugh, no thanks. Of all the procedure-based specialties out there, vascular ranks dead last with me. (the fact that I've worked with a lot of *******s in the vascular world both in the OR and consulting them really doesn't help).

/of course as a 4th year, I suppose my specialty ranking beyond #1 means nothing ;)
 
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Every online website you visit will be an estimate with a large margin of error. There are really only 2 ways to get an accurate estimate:

1. Go look for physician jobs near where you live and see what the compensation packages are by specialty/year of experience.

2. If you want a really gross but accurate estimate, the US Dept. Labor Statistics says the average physician salary is ~180,000 and the average surgeon salary is ~210,000.

http://www.bls.gov/oes/current/oes_nat.htm#29-0000
 
(the fact that I've worked with a lot of *******s in the vascular world both in the OR and consulting them really doesn't help).

Yeah, this guy is actually a decent human being so that doesn't interfere with my perspective on vascular. I actually find the work pretty cool, great balance of office/OR.

There are a lot of guys in VS who wish they had pendulous dongs. While I wouldn't be pumped about having them as colleagues, there are choad muffins in every specialty. One of the most arrogant d-bags I've been around was an IM guy in palliative care.
 
Yeah, this guy is actually a decent human being so that doesn't interfere with my perspective on vascular. I actually find the work pretty cool, great balance of office/OR.

There are a lot of guys in VS who wish they had pendulous dongs. While I wouldn't be pumped about having them as colleagues, there are choad muffins in every specialty. One of the most arrogant d-bags I've been around was an IM guy in palliative care.

yeah, I think since we're talking stereotypes, I think my biggest problem with the vascular guys I know is that they're fine people outside the hospital doors. Once they're inside they lose their **** when the slightest thing goes wrong and will throw infantile tantrum to anyone deemed "below" them in the hospital pecking order. Of course it's certainly not just a surgery-specific thing (though admittedly gen surg has some intrinsic problems with its culture). The absolute worst human being I've ever encountered in a professional setting was IM as well.
 
Obamacare means just about everyone has health care which in turn means more patients, which theoretically would mean more money for physicians.

Of course it's more complicated than that, but it's not like doctors will be making minimum wage. If you are really that worried about it, just go in the Army. Work for them as a physician for 4 years and all your debt is wiped clean.
 
yeah, I think since we're talking stereotypes, I think my biggest problem with the vascular guys I know is that they're fine people outside the hospital doors. Once they're inside they lose their **** when the slightest thing goes wrong and will throw infantile tantrum to anyone deemed "below" them in the hospital pecking order. Of course it's certainly not just a surgery-specific thing (though admittedly gen surg has some intrinsic problems with its culture). The absolute worst human being I've ever encountered in a professional setting was IM as well.

Too true. People who loose their cool in the OR are major b*tch babies. The whole shat rolling downhill thing is annoying. I don't like it from attendings, but I find it especially obnoxious when junior residents ream med students for no reason. It's like they think it will cancel out all of the times they've had their asses chewed.
 
I thought the healthcare reform was ruled unconstitutional?
 
This may help...

Summary Statistics on Medical School Faculty Compensation for Private Schools
M.D. or Equivalent Degree, Clinical Science Departments/Specialties
Total Compensation in Thousands of Dollars, 2007 - 2008
 

Attachments

  • salaries.pdf
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I thought the healthcare reform was ruled unconstitutional?

It has been taken to approximately 16 Federal courts of varying stripes. Two have ruled the individual mandate unconstitutional, two have rule it constitutional, and about 12 have refused to even hear the case for lack of merit.

We will have to wait for final word from the Supreme Court.
 
Let's hope the federal budget woes don't create more problems.....
from CNN tonight:
"Even where the president will propose investments in areas he deems important, such as education, there would also be cutbacks, Lew said. For instance, Obama's budget will boost the Pell Grant program to ensure that 9 million students will be able to afford college, Lew said. But to pay for those proposals, Obama will call for eliminating the grants for summer school and limit their use to the regular school year.
He will also propose that interest on federal loans for graduate students accrue during school; currently, the interest tab doesn't start running until after graduation.
The changes would save $9 billion in the first year, Lew told CNN's Candy Crowley."
 
Let's hope the federal budget woes don't create more problems.....
from CNN tonight:
"Even where the president will propose investments in areas he deems important, such as education, there would also be cutbacks, Lew said. For instance, Obama's budget will boost the Pell Grant program to ensure that 9 million students will be able to afford college, Lew said. But to pay for those proposals, Obama will call for eliminating the grants for summer school and limit their use to the regular school year.
He will also propose that interest on federal loans for graduate students accrue during school; currently, the interest tab doesn't start running until after graduation.
The changes would save $9 billion in the first year, Lew told CNN's Candy Crowley."

well the subsidized loans are only covered up to 7k per year... the rest already starts building up. The days of 7k med schools are pretty much over (except in NC and texas).
 
I think people are putting way to much stock in obamacare. Personally, I don't think it's constitutional for the government to force you to buy anything...and I'm not the only one. There's a chance it may be struck down by the courts in the coming year or two. So I think everyone should just sit tight and stop worrying about their bank accounts.
 
I think people are putting way to much stock in obamacare. Personally, I don't think it's constitutional for the government to force you to buy anything...and I'm not the only one. There's a chance it may be struck down by the courts in the coming year or two. So I think everyone should just sit tight and stop worrying about their bank accounts.

It'll be 5-4 in favor of the Feds with Kennedy as the swing vote. Book it, done.
 
Let's hope the federal budget woes don't create more problems.....
from CNN tonight:
"Even where the president will propose investments in areas he deems important, such as education, there would also be cutbacks, Lew said. For instance, Obama's budget will boost the Pell Grant program to ensure that 9 million students will be able to afford college, Lew said. But to pay for those proposals, Obama will call for eliminating the grants for summer school and limit their use to the regular school year.
He will also propose that interest on federal loans for graduate students accrue during school; currently, the interest tab doesn't start running until after graduation.
The changes would save $9 billion in the first year, Lew told CNN's Candy Crowley."

not according to this:

http://news.yahoo.com/s/ap/20110213/ap_on_re_us/us_obama_pell_grants
 
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