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Physicians / Doctors / Residents / MD Specialist and Related Salaries mentioned here are 2008 / 2009 numbers rounded off to the nearest zero.

This blog also attempts to compile MD Careers, Work Hours & Lifestyle issues : Updated: 10th July 2009

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Wednesday, October 17, 2007

2007 USA Physician Salaries Survey Results: Merritt Hawkins


The Words "Salary" , "Salt" and "Soldier" have a lot in common. For one, the Word "salary" comes from Latin "salarium" which implied a soldiers allowance paid in salt. Apparently salt was hot commodity then and was used as a payment mechanism for a soldiers services. So then... does a person's salary reflect if he or she is 'worth his salt ?' :-)

For physicians, salaries mostly reflect a complex interplay of supply-demand equations and how procedural their field is ! Before this, I have posted results and links to several doctor income surveys on this blog. Merritt Hawkins and Associates recently published the results of their latest 2007 survey and here are the specialties that saw the biggest increases in base pre-bonus salaries:

  • Urology
  • Otolaryngology
  • Cardiology
  • Emergency Medicine
  • Orthopedic Surgery
  • Family Practice.

Good news for Family Medicine then ! ...thanks to increased demand seen across the nation.

Here's a concise table of the results of that survey:


The highest on the high salary offers above is Neurosurgery with $850,000/- per year and the lowest on the high salary offers is Pediatrics with $200,000/- per year.

Hospitalist Position continues to see a hot trend in recruiting by the Hospitals and Pediatrics is on the Rise.

For those of you who do not like pre-digested news and need it raw : Download the entire 17-page PDF format report here :-)


Enjoy and if you feel this blog is worth it - Click here to start receiving blog updates delivered to your email automatically - won't take more than 8 seconds! :-)


Also read:

- Other Salary Survey Results Published on MDsalaries
- Wealth Preservation for Physicians: Advanced Planning for Affluent Doctors
- Physician's Guide to Investing: A Practical Approach to Building Wealth



Search keywords to this blog artice:

- Family Medicine salary 2007
- origin of the word 'salary' - how is the word 'salary' derived - roots of the word 'salary'
- 2007 Doctor wages, compensation, incomes or payments
- increase / decrease in doctor incomes in 2007 by specialty

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Comments on "2007 USA Physician Salaries Survey Results: Merritt Hawkins"

 

Blogger superdoc said ... (10/17/2007) : 

well, there is one very obvious mistake, the salary for radiology is mentioned as 580k average and 500k max, how is that possible?

 

Blogger Digitaldoc, MD said ... (10/17/2007) : 

You are a trouble maker aren't you ? He he...corrections always welcome..

yes the average was 380K ..my typo :-) Correction made !

 

Anonymous haitham said ... (11/03/2007) : 

is there a speciality called " urgent care" ?

cause i come by this add on the net

http://www.mdsearch.com/Physician-Jobs/Job-Details/Urgent-Care/Ohio-112693/

they said 400k per annum for 15 12hrs shift per month!!!!

seems very good one!!!!

another add was 160 k per annum for only 3 8hrs shifts per week?!!!!

i searched for urgent care speciality or fellowship on frieda but couldnot find one!!!!!!!

 

Blogger Digitaldoc, MD said ... (11/04/2007) : 

That '401K' mentioned on the link you provided is not a 400K salary ..:-) - rather it stands for an employer-sponsored retirement plan - or a pension kinda thing - Read more about 401K on Wikipedia

Salaries for urgent care would hover around US $ 170K to US $ 200K a year (more of less) depending on the type of setting, type of partnership and the amount of work done..

The first Urgent care fellowship started in 2006 by collaboration between the Department of Family Medicine University Hospitals of Cleveland / Case School of Medicine, the Urgent Care Association of America (UCAOA), and University Primary and Specialty Care Practices, Inc. in Cleveland, Ohio. Read about that here


Besides Internal Medicine, other specialties like Family medicine and pediatrics are eligible too..with urgent care training in that domain and certified by Urgent Care Association of America.


The Difference between Urgent Care and Emergency Care: Urgent Care is for ambulatory patients who need attention for serious illness but do not face the threat of immediate death ..like say a bad sprain - while Emergency Care / Critical Care is for the patients with life-threatening acute conditions like Acute Myocardial Infarctions

 

Anonymous Anonymous said ... (2/17/2008) : 

how much per hour? :-(

 

Anonymous Anonymous said ... (4/09/2009) : 

$75-$110

 

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