Here are nine figures to know about how physician pay compares to CFO pay:
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. CFOs on average earn an average of $425,691, according to a March 28 salary.com report.
5. The highest paid CFOs make $655,746 per year.
6. The lowest paid CFOs make $228,564 per year.
7. Typically, the salary range for CFOs falls between $322,508 and $546,110 annually.
8. Hospital CFOs are earning a median salary of $161,910, according to a March 28 salary.com report.
9. The highest salary for hospital CFOs is $203,197 per year. This income represents hospital CFOs in San Jose, Calif.