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Doctors in the Top 5% – Not The Top 1% by Income. Oh, and Canadian doctors make more than U.S. doctors.

Posted on | April 20, 2017 | 4 Comments


Source

What are the average 2017 earnings of U.S. doctors?

Primary Care – $217,000  Specialties – $316,000

What is the salary span for doctors by specialty?

Pediatricians make the least ($202,000), Orthopedists the most ($489,000).

How much have salaries grown in the last six years?

43%, from an average $206,000 in 2011 to an average $294,000 in 2017.

Who made more, salaried or self-employed doctors?

Self-employed. 4% more in Primary Care, and 32% in Specialties.

Do men and women make the same?

No. Men make 17% more than woman. But 22% of women work part-time compared to 11% of men.

Do doctors on the East and West Coast make more than everyone else?

No. Doctors in the North Central states ($317K) and Great Lakes states ($303K) make the most. Northeast doctors ($296K), Western Coast doctors ($290K), and Mid-Atlantic doctors ($282K) rank in the bottom half.

Did the ACA play a role in elevating physician salaries?

Yes. 52% of Primary Care and 38% of Specialists saw a large influx of new patients under Obamacare.

Which physicians, on average, make more – U.S. or Canadian?

Canadian. Their physicians on average earned 9% more than U.S. doctors in 2017.

Would most doctors chose Medicine again if given the chance?

Yes. More than 3/4’s would chose Medicine again.

SOURCE MATERIAL: Medscape Physician Compensation Report, 2017.

Comments

4 Responses to “Doctors in the Top 5% – Not The Top 1% by Income. Oh, and Canadian doctors make more than U.S. doctors.”

  1. Janice Mancuso
    April 21st, 2017 @ 1:59 pm

    Love that you took the time to synthesize this info from the Medscape Report. Thank you.

  2. Mike Magee
    April 21st, 2017 @ 2:01 pm

    My pleasure, Janice.

  3. Karl Polzer
    April 23rd, 2017 @ 3:07 pm

    Thanks, Mike. Posted to http://www.inequalityink.org

  4. Mike Magee
    April 24th, 2017 @ 9:20 am

    My pleasure, Karl!

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