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The 10 highest-paying physician specialties in the last 5 years

Orthopedics and plastic surgery have traded the top two spots in Medscape’s annual Physician Compensation Report every year since 2021, and both specialties have seen compensation climb by more than $80,000 over that span. 

Orthopedic surgeons now command an average of $611,000 annually, up 20% from five years ago, while plastic surgeons earn $554,000. 

2025

  • Orthopedics and orthopedic surgery: $611,000
  • Cardiology: $575,000
  • Radiology: $571,000
  • Plastic surgery: $554,000
  • Anesthesiology: $543,000
  • Urology: $535,000
  • Gastroenterology: $530,000
  • Otolaryngology: $508,000
  • Oncology and hematology: $464,000
  • Dermatology: $448,000

2024

  • Orthopedic and orthopedic surgery: $543,000 
  • Radiology: $520,000 
  • Plastic surgery: $516,000
  • Cardiology: $506,000
  • Anesthesiology: $499,000
  • Gastroenterology: $495,000
  • Urology: $485,000  
  • Otolaryngology: $473,000
  • Oncology and hematology: $452,000
  • Dermatology: $424,000

2023

  • Orthopedics (includes orthopedics and orthopedic surgery): $558,000
  • Plastic surgery: $536,000
  • Cardiology: $525,000
  • Urology: $515,000
  • Gastroenterology: $512,000
  • Radiology: $498,000
  • Dermatology: $479,000
  • Anesthesiology: $472,000
  • Oncology (includes hematology and oncology): $464,000

2022

  • Plastic surgery: $576,000 
  • Orthopedics: $557,000 
  • Cardiology: $490,000 
  • Otolaryngology: $469,000
  • Urology: $461,000 
  • Gastroenterology: $453,000 
  • Dermatology: $438,000 
  • Radiology: $437,000 
  • Ophthalmology: $417,000 

2021

  • Plastic surgery: $526,000
  • Orthopedics and orthopedic surgery: $511,000
  • Cardiology: $459,000
  • Urology: $427,000
  • Otolaryngology: $417,000
  • Radiology: $413,000
  • Gastroenterology: $406,000
  • Oncology: $403,000
  • Dermatology: $394,000
  • Ophthalmology: $379,000

The post The 10 highest-paying physician specialties in the last 5 years appeared first on Becker’s Hospital Review | Healthcare News & Analysis.

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