3 highest-paid physician specialties: 8 comparisons to know

Orthopedic surgeons, plastic surgeons and cardiologists were named the three highest-paid physician specialists in 2024, according to Medscape

Advertisement

Here are eight comparisons on orthopedic surgeon, plastic surgeon and cardiologist compensation, respectively, from 2024 from three of Medscape‘s specialty-specific reports: 

Average base salary 

Orthopedists: $558,000

Plastic surgeons: $536,000

Cardiologists: $525,000

Pay was a main factor in selecting specialty

Orthopedists: 1%

Plastic surgeons: 5%

Cardiologists: 3%

Percent of specialists who believe physicians are underpaid

Orthopedists: 72%

Plastic surgeons: 75%

Cardiologists: 61%

Percent of specialists who feel fairly paid based on work demands

Orthopedists: 44%

Plastic surgeons: 39%

Cardiologists: 48%

How pay increased/decreased in 2024

Orthopedists: -3%

Plastic surgeons: -13%

Cardiologists: +3%

Percent of specialists who take extra work to boost income 

Orthopedists: 49%

Plastic surgeons: 33%

Cardiologists: 37%

How much income is impacted by competing physician practices

Orthopedists: 59%

Plastic surgeons: 69%

Cardiologists: 37%

Are incentive bonuses possible: 

Orthopedists: 52%

Plastic surgeons: 53%

Cardiologists: 70%

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.