Asked in Salary and Pay RatesTwitterLouis Pasteur
How much does otolaryngologist earn?
February 27, 2009 2:57AM
Starting out anywhere from 200,000 per year to 300,000 per year depending upon location, bonus structure, etc. It takes about 3-4 years to really get up an running, after which an ENT should make about 350,000 per year assuming a 50% overhead. It's possible to make 500,000 to 600,000 per year if you are really busy and keep overhead low. Of course all this could go way down in an Obama presidency if we get a single payor system....
This is a very accurate answer. One thing that can really improve earnings and reduce overhead is a good EMR system. I have a very busy practice, though I only work 4 1/2 days a week and take 4 weeks a year off. My first year in practice I earned about $450K, the next year $525K and last year $670K. I am the busiest surgeon at my hospital of about 200 beds in the mid South. This past year my overhead was 35%. Our hospital recently recruited another ENT and his base salary was $325K with a $50K signing bonus and $20K for moving expenses. If we get a single payor system all bets are off....:(