Physician vs. healthcare CEO pay: 7 stats to know 

Here are seven stats to know about how physician pay stacks up compared to CEO pay: 

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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

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.

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