Which doctors work hardest? Get paid the most?

Did you know that…

Orthopedic surgeons rank at the very top of the pay scale with an average income of $323,000 a year.

At the other end, family practice physicians and psychiatrists vie for the lowest average income with the family practice physicians earning an average of $132,000 a year and psychiatrists $124,000.

How hard do doctors work?

No way to know that, but if we measure doctor input by the number of hours per week, we learn that physicians specializing in obstetrics/gynecology, anesthesiology, general surgery, or urology all work more than 60 hours every week.

Dermatologists and pathologists work the fewest hours on the list, just 45.5 a week, but specialists in emergency medicine (46.0 hours/week) and ophthalmology (47.0) hours put in only slightly more hours a week.

Now put them together. Which physician specialists yield the highest dollar amount per hour worked?

No surprise. Orthopedic surgery earns an average of $107.10 per hour, while family practice physicians earn only $48.35 per hour.

Most interesting, perhaps, is the average:

Average $$ per year: $208,000

Average $$ per hour: $74.21

Average hours worked per week: 53.9

These numbers come to us from the American Medical Association.

Remember that these hours and dollar amounts are for fees allocated to individual physicians. The cost of running a medical clinic includes not only physician revenues, but also clinic costs and other expenses of practicing medicine in calculating the profit margin.

Brought to you compliments of Griffith Publishing

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Published in: on November 30, 2008 at 2:15 pm  Comments (2)  
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