1. The 10 highest-earning average annual physician specialties by compensation, according to Medscape’s “Physician Compensation Report 2022”:
- Plastic surgery: $576,000
- Orthopedics and orthopedic surgery: $557,000
- Cardiology: $490,000
- Otolaryngology: $469,000
- Urology: $461,000
- Gastroenterology: $453,000
- Dermatology: $438,000
- Radiology: $437,000
- Ophthalmology: $417,000
- Oncology: $411,000
2. Primary care physicians earned an average of $260,000 in 2022, with specialists earning an average of $368,000, according to the Medscape report.
3. Physician pay decreased for four specialties from 2021 to 2022 — interventional cardiology, hematology, radiology and pediatrics — and increased for eight specialties — OB-GYN, anesthesiology, non-invasive cardiology, neurology, gastroenterology, orthopedic surgery, urology and internal medicine.
4. The average salary of a chief medical officer in the U.S. is $447,344 per year, according to a March 28 report from salary.com.
5. The bottom 10 percent of CMOs make $341,090 annually.
6. The top 10 percent of CMOs earn $587,024 each year.
7. Typical yearly earnings for CMOs range from $391,726 to $520,457.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.