According to a report from Medscape, the market for ophthalmologists remained high for most of the last year.
Eleven fast facts on ophthalmologist compensation in 2022:
1. Ophthalmologists received an average salary of $417,000.
2. Ophthalmologist income grew about 10 percent from 2021; the same growth rate as pediatric physicians and plastic surgeons.
3. One in 5 ophthalmologists said that their practice income declined during COVID-19.
4. The average incentive bonus for ophthalmologists is $100,000, up from $87,000 in 2021.
5. Seventy-six percent of ophthalmologists say that telemedicine, big box store minute clinics are not sources of competition.
6. Thirty-one percent of ophthalmologists have extra jobs on the side.
7. Fifty-four percent of ophthalmologists feel fairly compensated.
8. Seventy-eight percent of ophthalmologists say they are happy with their choice to go to medical school.
9. The average ophthalmologist spends 10 hours a week on paperwork.
10. Seventy-seven percent of ophthalmologists take Medicare and Medicaid patients.
11. Thirty-nine percent of ophthalmologists say patient relationships are the best part of their jobs.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.