Here are seven stats to know about how physician pay stacks up compared to CEO pay:
1. The average annual salary of CEOs in the healthcare sector in the U.S. is $231,870, according to data from the most recent Bureau of Labor Statistics employment survey.
2. The average hourly wage earned by healthcare CEOs is $111.48.
3. The average healthcare CEO earns 116% more in a year compared to the average annual salary of all workers in the U.S., which is $61,900.
4. In 2022, the median S&P 500 employee earned $77,178 and the median CEO pay ratio stood at 186:1, according to a June report from The Wall Street Journal.
5. Physicians on average made $325,000 annually, with primary care physicians making $265,000 and specialists making $382,000, according to Medscape's "Physician Compensation Report 2023."
6. Physicians on average made $325,000 annually, with primary care physicians making $265,000 and specialists making $382,000.
7. Here are the 10 highest-earning average annual physician specialties by compensation, according to Medscape:
1. Plastic surgery: $619,000
2. Orthopedics: $573,000
3. Cardiology: $507,000
4. Urology: $506,000
5. Gastroenterology: $501,000
6. Otolaryngology: $485,000
7. Radiology: $483,000
8. Oncology: $463,000
9. Anesthesiology: $448,000
10. Dermatology: $443,000