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Physician Earnings

Wages of physicians and surgeons are among the highest of all occupations. According to the Medical Group Management Association's Physician Compensation and Production Survey, median total compensation for physicians varied by their type of practice. In 2010, physicians practicing primary care received total median annual compensation of $202,392, and physicians practicing in medical specialties received total median annual compensation of $356,885.

Median annual compensations for selected specialties in 2010, as reported by the Medical Group Management Association, were as follows:

Anesthesiology $407,292
General surgery $343,958
Obstetrics/gynecology $281,190
Internal medicine $205,379
Psychiatry $200,694
Pediatrics/adolecent medicine $192,148
Family practice (without obstetrics) $189,402

Earnings vary with the physicianís or surgeonís number of years in practice, geographic region of practice, hours worked, skill, personality, and professional reputation.

Source: U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition

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Physician Earnings

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