Residency

Physician starting salaries on the rise, study says

Residency Program Insider, July 21, 2009

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A survey of 3,520 new physicians shows salaries are increasing in several fields, according to a recent Wall Street Journal article.

The specialties with the largest salary increases in 2008 compared to the previous year include the following:

  • 15% increase for neurology: $200,000–$230,000 salary range in 2008
  • 14.29% increase for non-invasive cardiology: $350,000–$400,000 salary range in 2008
  • 13.64% increase for anesthesiology: $275,000–$312,500 salary range in 2008
  • 12% increase for emergency medicine: $192,000–$215,040 salary range in 2008
  • 10% increase for internal medicine: $150,000–$165,000 salary range in 2008

 

The survey, conducted by the Medical Group Management Association, also found that pediatricians make the lowest starting salaries at $132,500. Other lower-paying specialties include family practice, geriatrics, urgent care, internal medicine, and infectious disease.

The highest paying specialty is neurological surgery, with a starting salary of $605,000. Radiology, thoracic surgery, cardiology, and orthopedic surgery follow behind in that order.



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