1. Primary care physicians earned an average of $260,000 in 2022, with specialists earning an average of $368,000, according to the Medscape report.
2. Here are the 10 highest-earning average annual physician specialties by compensation, according to Medscape’s “Physician Compensation Report 2022”:
- Plastic surgery: $576,000
- Orthopedics and orthopedic surgery: $557,000
- Cardiology: $490,000
- Otolaryngology: $469,000
- Urology: $461,000
- Gastroenterology: $453,000
- Dermatology: $438,000
- Radiology: $437,000
- Ophthalmology: $417,000
- Oncology: $411,000
3. According to U.S. News & World Report, lawyers made a median salary of $127,990 in 2021. The best-paid 25 percent of lawyers made $194,580, and the lowest-paid 25 percent made $81,620.
4. Nationally, lawyers on average make $148,030 a year, according to data from the Bureau of Labor Statistics. The five legal industries that pay lawyers the most, according to the agency’s data, are information services; scientific research and development services; computer and peripheral equipment manufacturing; aerospace product and parts manufacturing; and engine, turbine and power transmission equipment manufacturing
5. Physician pay decreased for four specialties from 2021 to 2022 — interventional cardiology, hematology, radiology and pediatrics — and increased for eight specialties — OB-GYN, anesthesiology, noninvasive cardiology, neurology, gastroenterology, orthopedic surgery, urology and internal medicine.
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.
