Cardiologists saw a 4% decline in compensation from 2023 to 2024, with their annual pay dropping from $525,000 to $506,000, according to Medscape’s “Cardiologist Compensation Report 2025,” published May 16.
For the survey, Medscape polled 7,322 gastroenterologists between Oct. 3 and Jan. 15.
1. Cardiologists rank as the fourth highest-paid physician specialty, beat out by orthopedic surgeons, radiologists and plastic surgeons.
2. On average, cardiologists put in 58 hours of work per week.
3. Fifty-two percent of cardiologists said they feel fairly compensated.
4. A majority of cardiologists (56%) believe all physicians are unfairly compensated.
5. A majority of cardiologists (71%) said their compensation adequately covers their family needs.
6. While cardiologists on average saw a decline in compensation from 2023 to 2024, 41% of cardiologists saw no change in their compensation and 39% saw an increase in pay.
7. Nearly half of cardiologists (48%) have productivity metrics impacting their compensation.
8. Twenty-six percent of cardiologists take extra work to bolster their income.
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