Many medical specialties saw an increase in average pay this year, while a few saw a decrease, according to the Merritt Hawkins 2019 review of physician and advanced practitioner recruiting incentives.
Merritt Hawkins, a national healthcare consulting and recruiting firm, included a sample of 3,131 permanent physician and advanced practitioner search assignments the company conducted for its clients from April 2018 to the end of March 2019.
How the salaries of 17 medical specialties changed this year:
1. Urology
2018/2019 salary: $464,000
2017/18 salary: $386,000
Difference in salary: 20 percent increase
2. Invasive cardiology
2018/2019 salary: $648,000
2017/18 salary: $590,000
Difference in salary: 9.8 percent increase
3. Anesthesiology
2018/2019 salary: $404,000
2017/18 salary: $371,000
Difference in salary: 20 percent increase
4. Emergency medicine
2018/2019 salary: $382,000
2017/18 salary: $358,000
Difference in salary: 8.5 percent increase
5. Neurology
2018/2019 salary: $317,000
2017/18 salary: $301,000
Difference in salary: 5.3 percent increase
6. Psychiatry
2018/2019 salary $273,000
2017/18 salary: $261,220
Difference in salary: 5 percent increase
7. Radiology
2018/2019 salary $387,000
2017/18 salary: $371,000
Difference in salary: 4.30 percent increase
8. Non-invasive cardiology
2018/2019 salary $441,000
2017/18 salary: $ 427,000
Difference in salary: 3.30 percent increase
9. Gastroenterology
2018/2019 salary: $495,000
2017/18 salary: $487,000
Difference in salary: 1.6 percent increase
10. Certified registered nurse anesthetist
2018/2019 salary: $197,000
2017/18 salary: $194,000
Difference in salary: 1.6 percent increase
11. Orthopedic surgery
2018/2019 salary: $536,000
2017/18 salary: $533,000
Difference in salary: 0.56 percent increase
12. Hematology/oncology
2018/2019 salary: $393,000
2017/18 salary: $391,000
Difference in salary: 0.50 percent increase
13. Hospitalist
2018/2019 salary: $268,000
2017/18 salary: $269,000
Difference in salary: 0.37 percent decrease
14. Dermatology
2018/2019 salary: $420,000
2017/18 salary: $425,000
Difference in salary: 1.20 percent decrease
15. OB-GYN
2018/2019 salary: $318,000
2017/18 salary: $324,000
Difference in salary: 1.90 percent decrease
16. Pulmonology
2018/2019 salary: $399,000
2017/18 salary: $418,000
Difference in salary: 0.75 percent decrease
17. Otolaryngology
2018/2019 salary: $402,000
2017/18 salary: $405,000
Difference in salary: 0.70 percent decrease