Here are 13 statistics about compensation of the five highest-paid medical specialties, according to MGMA's Physician Compensation and Production Survey: 2010 Report Based on 2009 Data.
1. Orthopedic surgery — spine
• Orthopedic surgeons specializing in spine made an average of $710,055 in compensation in 2009.
• Orthopedic surgeons (spine) working in a multi-specialty group practice made more than those working in a single-specialty group practice, at $622,568 compared to $605,139.
• Orthopedic surgeons (spine) working in metropolitan areas of 50,000-250,000 residents made more than any other demographic classification, at $717,710.
2. Surgery — neurological
• Neurological surgeons made an average of $675,825 in compensation in 2009.
• Neurological surgeons working in a single-specialty group practice made more than those working in a multi-specialty group practice, at $601,117 compared to $599,933.
• Neurological surgeons working in metropolitan areas of 50,000-250,000 residents made more than any other demographic classification, at $782,332.
3. Dermatology — mohs surgery
• Dermatologists specializing in mohs surgery made an average of $674,454 in compensation in 2009.
• Dermatologists (mohs surgery) employed by a hospital made more than those not employed by a hospital, at $644,642 compared to $570,955.
4. Orthopedic surgery — sports medicine
• Orthopedic surgeons specializing in sports medicine made an average of $653,642 in compensation in 2009.
• Orthopedic surgeons (sports medicine) working in a single-specialty group practice made more than those working in a multi-specialty group practice, at $599,948 compared to $580,378.
• Orthopedic surgeons (sports medicine) working in metropolitan areas of more than 1,000,000 residents made more than any other demographic classification, at $617,913.
5. Ophthalmology — retina
• Ophthalmologists specializing in retina made an average of $619,114 in compensation in 2009.
• Ophthalmologists (retina) working in a multi-specialty group practice made more than those working in a single-specialty group practice, at $594,696 compared to $570,319.
Read more on compensation:
-4 Factors That Determine Hospital Executive Compensation
-California Hospital CEO Receives 4% Pay Raise Following Committee Recommendation
-New York State Department of Labor Pursues $50M Claim Against St. Vincent's for Abrupt Layoffs
1. Orthopedic surgery — spine
• Orthopedic surgeons specializing in spine made an average of $710,055 in compensation in 2009.
• Orthopedic surgeons (spine) working in a multi-specialty group practice made more than those working in a single-specialty group practice, at $622,568 compared to $605,139.
• Orthopedic surgeons (spine) working in metropolitan areas of 50,000-250,000 residents made more than any other demographic classification, at $717,710.
2. Surgery — neurological
• Neurological surgeons made an average of $675,825 in compensation in 2009.
• Neurological surgeons working in a single-specialty group practice made more than those working in a multi-specialty group practice, at $601,117 compared to $599,933.
• Neurological surgeons working in metropolitan areas of 50,000-250,000 residents made more than any other demographic classification, at $782,332.
3. Dermatology — mohs surgery
• Dermatologists specializing in mohs surgery made an average of $674,454 in compensation in 2009.
• Dermatologists (mohs surgery) employed by a hospital made more than those not employed by a hospital, at $644,642 compared to $570,955.
4. Orthopedic surgery — sports medicine
• Orthopedic surgeons specializing in sports medicine made an average of $653,642 in compensation in 2009.
• Orthopedic surgeons (sports medicine) working in a single-specialty group practice made more than those working in a multi-specialty group practice, at $599,948 compared to $580,378.
• Orthopedic surgeons (sports medicine) working in metropolitan areas of more than 1,000,000 residents made more than any other demographic classification, at $617,913.
5. Ophthalmology — retina
• Ophthalmologists specializing in retina made an average of $619,114 in compensation in 2009.
• Ophthalmologists (retina) working in a multi-specialty group practice made more than those working in a single-specialty group practice, at $594,696 compared to $570,319.
Read more on compensation:
-4 Factors That Determine Hospital Executive Compensation
-California Hospital CEO Receives 4% Pay Raise Following Committee Recommendation
-New York State Department of Labor Pursues $50M Claim Against St. Vincent's for Abrupt Layoffs