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According to a report from the Medical Group Management Association in 2007-2008, the highest paying physician specialists are the following areas of practice:

  • Cardiologists make anywhere from $418,000 to over $537,000 annually.
  • Radiologists, such as general diagnostic radiologists, earn over $470,000 annually, while interventional radiologists earn over $507,000 annually.
  • Oncologists, such as radiation oncologists, earn over $528,000 on average, while hematology-oncologists earn $449,000 annually.
  • Gastroenterologists can earn an average of $457,000.
  • Surgeons, such as Cardiovascular/Cardiac Surgeons, earn an average of $479,000. Orthopedic Surgeons earn anywhere from $450,000 to $600,000. Transplant surgeons and pediatric surgeons rank high among the highest paid surgeons as well.
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