The Highest Paid Doctors in the USA: Medical Specialties with the Best Paying Salaries

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By alocsin

The salaries of doctors depend on their specialties.
The salaries of doctors depend on their specialties.
Source: Janine and Jim Eden
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If you suspect that the money you pay for medical treatment fuels high medical salaries, you are correct. No less an authority than the U.S. Department of Labor marks doctors as having the best salaries in the United States.

This information is further supported by an annual compensation survey administered by the Association of American Medical Colleges. They represent all 134 accredited U.S. medical schools and 400 teaching hospitals and health systems, which cover 125,000 faculty members, 75,000 medical students and 106,000 resident physicians.

The survey lists the following five specialties as the best paying, ranking from lowest to highest. In comparison, general practitioners earn up to $220,196 annually, and general surgeons get $383,333 per year.

Gastroenterology

Gastroenterologists study a subspecialty of internal medicine that concentrates on the digestive track including the stomach, intestines, colon and esophagus. They may treat conditions such as constipation, ulcers, hemorrhoids and cancer. They do not perform surgery, but may perform biopsies or exam internal organs through endoscopes.

They must complete four years of undergraduate school, four years of medical school, three years of residency in internal medicine. They then continue with an additional two or three years in gastroenterology. They often also study hepatology, which covers the liver, pancreas and biliary tree, which transports bile from the liver to the small intestine. They start off the list of the highest paid doctors with a maximum of $481,923 per year.

Invasive Cardiology

Invasive cardiologists are physicians who not only diagnose and treat conditions of the heart and cardiovascular system. As opposed to non-invasive cardiologists, they perform catherization to locate blocked arteries. This involves inserting a catheter, which is a small tube, through the blood vessels until it reaches the heart. They do not perform surgery, which is the province of cardio-thoracic surgeons.

Training includes four years of college, four years of medical school and three years of residency, followed by two or three years of specialization. They max out at $495,000 per year.

Plastic Surgery

Plastic surgeons reconstruct, repair or replace physical defects in the head and face, musculoskeletal system, skin, and extremities such as hands or breasts. They can effect these repairs to correct congenital problems and accidental trauma, or to improve cosmetic appearance.

Their education encompasses four years of undergraduate school, four years of medical school, and five or seven years of specialty training. They earn up to $499,656 per year.

Radiation Oncology

Radiation oncologists use radiation to manage diseases, primarily those relating to malignant tumors, such as cancers of the brain, breast, lung and prostate. It can be combined with surgery performed by surgical oncologists, or chemotherapy, which is typically controlled by clinical oncologists, who can also handle radiation therapy.

Training for radiation oncologists covers four years of undergraduate study, four years of medical school, one year of general medical training and four years of radiation oncology training. They make up $518,991 per year.

Orthopedic Surgery

Orthopedic surgeons specialize in restoring function to the musculoskeletal system, which includes the spine, hip, knee, shoulder, elbow and extremities. They can use medicine, physical manipulation or surgery to treat medical problems in both adults and children.

Orthopedic surgeons train for four years in undergraduate studies, four years in medical school, one year in general surgery, and four years in orthopedic surgery, with six months devoted to the treatment of children. They are the highest paid doctors, with compensation up to $600,000 per year.

© Copyright 2011 by Aurelio Locsin.

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Comments

Emile  R profile image

Emile R Level 1 Commenter 11 months ago

I suppose, in their minds, bankrupting people in need of medical help isn't contradictory to the 'do no harm' mandate.

Alex Simring profile image

Alex Simring 9 months ago

Interesting reading, I'm going to follow your hubs as they are entertaining as well as informative.

Doctors online 9 months ago

I think its a great resource for Doctors salaries.nice work admin.

Jason 4 months ago

@Emile R you can thank this countries our sky-high insurance costs for that...

alocsin profile image

alocsin Hub Author 4 months ago

I have to agree with Jason -- my understanding is doctors are just as annoyed having to deal with medical insurance as we are.

Dan M 4 months ago

@ Emile R, stop being a whiner. Doctors sacrifice their 20's and have a mountain of debt to pay back. They deserve every penny for what they deal with! If you feel so

Johnsrud 2 months ago

These salary ranges are all speculative. The salary depends just as heavily on where you work as on what medical profession you pursue. In Wyoming where I work, some Orthopedic Surgeons earn up to 700,00 to 800,000 per year. As an Anesthesiologist, I earn 650,000 not counting bonuses. Emile, if anyone deserves a high salary in your mind, what profession would that be? Physicians sacrifice 13 years of their life to learn their trade and do their job well. Often, we are placed in high-stress situations where the slightest mistake can lead to potentially fatal outcomes. So, it really isn't becoming to begrudge us of our salary.

alocsin profile image

alocsin Hub Author 2 months ago

The data is from the U.S. Department of Labor, so whether this article info is speculative depends on whether you consider U.S. government info speculative. And nobody is begrudging doctors their high salaries -- the long training along justifies it, coupled with deciding life and death.

TotalHealth profile image

TotalHealth Level 2 Commenter 7 weeks ago

Thanks for the hub! I knew I should have gone to med school.

Peggy W profile image

Peggy W Level 8 Commenter 5 weeks ago

What some of the people complaining don't understand is that these salaries also include some overhead costs that eat into that salary figure...like office space; employees; exhorbitant high malpractice insurance costs, etc. I don't begrudge them their salaries. They work hard for it. Compared to sports figures who can earn millions...what, after all, is equitable?

Nice job on this hub. No wonder the orthopedic surgeons I worked with in the OR years ago all seemed so happy! Ha! Voted up and useful.

alocsin profile image

alocsin Hub Author 5 weeks ago

I think doctors deserve their high income just because it takes so much to become one, Peggy W,including the overhead.

vic 5 weeks ago

Johnsrud

I agree with your opinion. You said you know Orthopedic surgeons that make up to 700,000-800,000? What state are you from. Because I know that it's different in states on how much you get paid

alocsin profile image

alocsin Hub Author 5 weeks ago

Johnsrud, you'll find that info at the Association of Medical Colleges mentioned in the text.

molometer profile image

molometer Level 8 Commenter 4 weeks ago

Another great and informed hub Aurelio,

Your sources are impeccable. I totally agree with you. Doctors train for so long, and at the end of it.

They have a career that deal's with people in their darkest moments every single day.

That duty alone is worth their salaries.

Medical specialties mean even longer training.

I know that when I see a doctor.

I want to see someone that knows what they are doing.

Best paying salaries. They earn it daily.

Voted up 4/5 buttons sharing.

fpherj48 profile image

fpherj48 Level 8 Commenter 4 weeks ago

Alocsin....So....now what? I'm too old to go back to school to become a Dr. (of any kind!!)....too tired AND too married to go out and snag a Dr. to support me...too busy to find a Doc to become BFF's with...I think I'll just keep trying to stay as healthy as possible so I'm not donating to their already massive incomes!!

I do agree, GOOD Drs are worth the money. Think what it would be like to have a catastophic illness and NO Dr!!

Perhaps the solution to our MEDICAL INSURANCE WOES will come after 2012??

tammyfrost profile image

tammyfrost Level 3 Commenter 4 weeks ago

wow...I knew they made a lot but I didn't know that much. Great Information here.

alocsin profile image

alocsin Hub Author 4 weeks ago

The rising medical insurance costs in the U.S. just scares me, fpherj48. We'll see what the Supreme Court says.

fpherj48 profile image

fpherj48 Level 8 Commenter 4 weeks ago

alocsin....Yes, we shall see what the Big Kahunas have to say. Our situation as it is, IS scary.....and it is numerous other adjectives, none of which help to comfort and console us.

I kept asking myself how much worse it can possibly get for us.....but bumped my head and woke up.....and I really don't want to know.

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