10 Highest Paid Medical Jobs

Posted by andreas On September - 18 - 2013 0 Comment

Highest Paid Medicine JobsMany students are discouraged to join the medical field because of one primary reason—student loans. If after graduation, a student will end up with a loan of about $170,000, is it still worth it to become a doctor? According to the consulting firm Merritt Hawkins & Associates’ pending 2013 Review of Physician Recruiting Incentives, it is.

In fact, medicine graduates who specialize in top-paying practice like cardiology or orthopedic surgery can expect to pay off their loans in just a year or even a few months. The data came from the average starting salaries offered to doctors and clinicians in the 20 most requested specialties between April 2012 and May 2013.

For non-invasive cardiologists, a starting annual salary of $447,143 can be expected, while invasive cardiologists can receive up to $461,364 in the twelve-month period. Orthopedic surgeons are even more lucrative, making $464,500 a year. And take note—these figures reflect the base salaries only. Add up the signing bonuses, production bonuses, and benefits to the numbers as well.

Top 10 Highest-Paid Jobs for Doctors

  1. Orthopedic Surgeons – $464,500
  2. Cardiology (invasive) – $461, 364
  3. Cardiology (non-invasive) – $447,143
  4. Gastroenterology – $441,421
  5. Urology – $424,091
  6. Hematology/Oncology – $396,000
  7. Dermatology – $370,952
  8. Radiology – $368,250
  9. Pulmonology – $351,125
  10. General Surgery – $336,375

Pediatricians, family practitioners, and internists are offered less than $210,000 annual salary. It is noticeable how specialists are offered more than primary care physicians, and that is simply because the former bring in more income per doctor. Such difference has led to a decline of interest in primary care; thus, the shortage of these doctors. Furthermore, many medical students see orthopedic surgery jobs and other specializations as a form of professional prestige.

Currently, the trend for medical students is slowly changing. Physician jobs are becoming more attractive as students see the compensation potential of this field. According to Travis Singleton, senior vice-president of Merritt Hawkins, “The stigma attached to primary care in medical education is coming off, though this is a cultural change that will take time.”

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