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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.

The median hourly rate for doctors with specialties is:

  • Doctor Plastic Surgeon - $58 an hour
  • Doctor General Practice - $68 an hour
  • Doctor Pediatrics - $70 an hour
  • Doctor Family Physician - $73 an hour
  • Doctor Internal Medicine - $73 an hour
  • Doctor Neurologist - $85 an hour
  • Doctor Emergency Room - $124 an hour

When you equate the hourly rates of doctors as yearly salaries, the median annual wages per years of experience are as follows:

Doctor less than 1 year - $39 an hour

Doctor 1-4 years - $76 an hour

Doctor 5-9 years - $76 an hour

Doctor 10-19 years - $87 an hour

Doctor 20 years or more - $87 an hour

The median yearly salaries of doctors by specialty are:

Doctor Plastic Surgeon - $206,000

Doctor General Practice - $119,000

Doctor Obstetrician / Gynecologist - $178,000

Doctor Family Physician - $135,000

Doctor Internal Medicine - $144,000

Doctor Neurologist - $160,000

Doctor Emergency Room - $177,000

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