Average Pay for Doctors (2021) – Overview
The average salary for doctors can’t be figured out easily as there are so many variances of specialties present in the field. Physicians get good jobs in the healthcare industry as per their practice or we can say experiences. Compared to family physicians, specialist doctors get higher salaries. The Average Pay for Doctors in 2021 in the United States is listed below with details.
The ongoing pandemic has shaken up the entire world. However, it didn’t affect the healthcare industry. If we compare the compensation of physicians, their range of salaries remains steady, unlike other professions. In this particular industry, medical professionals and doctors get salaries as per their practice years. The industry welcomes experienced professionals and gives priority to them.
Who are you?
As noted above, physicians have different fields to work in and for that reason, the first thing that we should know here is what type of medical professional you are! If you are a medical student, then you will get a salary as per the criteria i.e. for an internship. If you are a family physician, then you can earn limited income from your daily practice. For surgeons, the income will be high as they are specialists.
The Average Pay for Doctors: Analysis
Medscape is a popular website offering access to information for medical professionals and also provide education. The organization helps the medical industry get all types of information with detailed reports. Medscape has recently surveyed to know the impact of the Coronavirus Pandemic.
The organization has surveyed over 17,903 physicians and collected data from American Medical Association. They surveyed more than 30 specialists in the industry and collected data about their salaries from the past two years.
No Change in Compensation
The organization has released the data which is quite shocking. Despite the ongoing pandemic, there is no change in compensation that means the compensation that they have been receiving remains steady throughout the year.
If we talk about their salary as per the collected data from the American Medical Association, the overall average salary for primary care physicians in early 2020 was $243,000 which is now $242,000 in early 2021. There is no much change seen in their salary.
On the other hand, the salary received by specialists in early 2020 was $346,000 which is now $344,000 in early 2021. According to reports, most physicians have used Paycheck Protection Program while providing their services. Besides this, over 50% of the physicians have reduced their staff due to restrictions and the guidelines released by the Government.
Medscape has released a detailed analysis report comparing the salaries of the specialists in the industry. The list includes orthopedic surgeons, cardiologists, radiologists, and many more. According to the survey, the highest pay specialist in the medical industry is Plastic surgeons. The average pay for a plastic surgeon in the year 2021 is $526,000 annually. The data found a 10% increase in income compared to the previous year.
On the other hand, the lowest-pay specialist in the industry is pediatrics. The average annual salary received by a pediatrician in the year 2021 is $221,000. The data found a 5% decrease in the income of pediatricians during the Pandemic period.
For a detailed report, you are requested to visit the official report published by Medscape i.e. the Medscape Physician Compensation Report 2021. Here’s the chart which demonstrates the average pay for doctors i.e. specialists in the year 2021. You can follow the list given below for more accurate information about the Average Pay for Doctors in the year 2021.
Specialists Salary in the Year 2021 in the USA
- Plastic Surgery- $526,000
- Orthopedics and Orthopedic Surgery- $511,000
- Cardiology- $459,000
- Urology- $427,000
- Otolaringoloy- $417,000
- Radiology- $413,000
- Gastroenterology- $406,000
- Oncology- $403,000
- Dermatology- $394,000
- Ophthalmology- $379,000
- Ansthesisiology- $378,000
- General Surgey- 373,000
- Critical Care- $366,000
- Emergency Medicine- $354,000
- Pulmonary Medicine- $333,000
- Pathology- $316,000
- OB/ GYN & Women’s Health- $312,000
- Nephrology- $311,000
- Physical Medicine & Rehabilitation- $300,000
- Neurology- $290,000
- Rheumatology- $276,000
- Psychiatry- $275,000
- Allergy and Immunology- $274,000
- Internal Medicine- $248,000
- Infectious Diseases- $245,000
- Diabetes & Endocrinology- $24,000
- Public Health & Preventative Medicine- $237,000
- Family Medicine- $236,000
- Pediatrics- 221,000
Note: The data derived from the report published by Medscape
The above data shows the average pay for specialists in the medical industry. If we talk about the same in detail, then many other factors could affect the average salary of these professionals. The primary factor is geolocation. Depending on your area of practice, your average salary might be impacted.
As per the researchers, the average pay for medical professionals in metropolitan areas is much higher than the same specialists practicing in urban areas.
The Medscape report gives all the information about the average pay for doctors in the year 2021.
The average pay for doctors is depending on the years of experience, geolocation, specialty, and much more. Almost every industry has affected during the Pandemic period. However, there is no change in the compensation in the Medical Industry. The higher the level of experience, the higher the salary! The average income will keep on increasing as they gain good experience.