With the cost of everything rising - from food to gas to tuition for schools - here’s some good financial news: Overall, physicians in 76 percent of specialties saw their compensation rise in 2009.
Physicians specializing in pulmonary disease, dermatology and urology saw among the biggest compensation increases; for specialties overall, the average was a 3.4 percent rise.
The highest-paid specialties reported include cardiac and thoracic surgery, orthopedic surgery and subspecialties, cardiology-cath lab, and diagnostic radiology-interventional (in bold at right).
Those compensation figures are detailed in the American Medical Group Association’s 2010 Compensation and Financial Survey (2009 data).
Notes the report: "Many factors influence a change in physician compensation, some of which are market demand for certain specialists and new technologies or new procedures that impact the physician’s overall productivity."
All about the location?
In a recent PracticeLink poll, we asked physicians:
"Which of the following factors are important to you when you are reading an online job posting?"
Here are their top four answers: