10 statistics on anesthesiologist compensation, benefits

Medscape released its 2018 Medscape Anesthesiologist Compensation Report examining a variety of compensation-related factors throughout the anesthesia industry.

Medscape collected responses from 20,329 physicians in total. Anesthesiologists who responded to the survey disclosed their compensation, average work week and time spent with patients, among others.

Here are 10 statistics on anesthesiologist compensation.

1. Anesthesiologists make $386,000 annually, which is the seventh-highest reported salary, among all specialties.

2. Salaries across anesthesiology increased 6 percent year over year.

3. U.S.-trained anesthesiologists make more than foreign-trained anesthesiologists, at an amount of $391,000 to $359,000 annually.

4. All surveyed ethnicities were well-represented in anesthesiology, despite significant gender disparities. Of Asian physicians, 61 percent were men, while 39 percent were women. Of white physicians, 69 percent were men, while 31 percent were women. Of Hispanic physicians, 80 percent were men, while 20 percent were women. Of African American physicians, 84 percent were men, while 16 percent were women.

5. Self-employed anesthesiologists outearn employed anesthesiologists, by an amount of $433,000 to $358,000. Despite that, 55 percent of anesthesiologists are employed by an institution.

6. There's a significant gender wage gap in anesthesiology. Men typically earned $401,000 annually, while women earned only $334,000 annually.

7. Women are slightly more likely than men to be employed, at a proportion of 60 percent to 54 percent respectively.

8. The majority of anesthesiologists work full time, but for those that do work part time, 8 percent are men while 15 percent are women.

9. Sixty-five percent of anesthesiologists feel fairly compensated.

10. However, 48 percent of respondents believe anesthesiologists should earn between 11 percent and 25 percent more.

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