Growth Trends for Related Jobs
The Salary Difference Between a Cardiologist & a Cardiac Surgeon
Though cardiologists and cardiac surgeons specialize in the cardiovascular system, the two professions are fairly dissimilar yet often work in tandem with one another. Cardiologists specialize in the diagnosis, treatment and prevention of cardiovascular disorders and diseases. Cardiac surgeons, on the other hand, specialize in the surgical correction of cardiovascular disorders and diseases. In general, cardiac surgeons operate on patients referred to them by cardiologists.
Cardiology Salaries
In 2012, half of all cardiologists earned at least $430,316 a year, according to a survey from the American Medical Group Association. A survey by Merritt Hawkins, a national physician recruiter, found that those specializing in noninvasive cardiology averaged $420,000, as of 2011. Cardiologists specializing in invasive cardiology earned nearly 27 percent more, at an average of $532,000 a year.
Cardiology Subspecialty Salaries
A survey by AMGA breaks out the earnings for invasive cardiology even further. As of 2011, electrophysiology cardiologists were the highest paid of all cardiologists, at an average of $601,111 a year. Those specializing in invasive-interventional cardiology averaged $586,083, while those working in invasive cardiology brought home closer to $550,000 a year.
Cardiac Surgery Salaries
Based on the AMGA survey, cardiac surgeons earned roughly 26 percent more than cardiologists in general. As of 2012, half of all cardiac surgeons earned at least $544,087 annually. A Medical Group Management Association survey provides a slightly higher figure for this specialty, setting the average at $550,000 a year. Those specializing in pediatric cardiovascular surgeries earned 13 percent more than the highest-paid subspecialty in cardiology, at an average of $681,408.
Starting Salaries
At the start of their careers, cardiologists and cardiac surgeons don’t earn nearly as much. As of 2011, cardiologists started at $272,000 a year, according to a survey by Profiles, an online physician resource. Cardiac surgeons earned 32 percent more, starting at $360,000 a year.
Career Outlook
According to the Bureau of Labor Statistics, expect employment opportunities for both physicians and surgeons to be excellent. Between 2020 and 2030, the profession as a whole should grow by as much as 7.8 percent -- much faster than the national average for all U.S. occupations, an estimated growth of 6 percent. Job prospects should be best for medical professionals specializing in cardiology.
Physicians and Surgeons salary
- Median Annual Salary: $208,000 or more ($100/hour)
References
- Bureau of Labor Statistics: Occupational Outlook Handbook – Physicians and Surgeons
- Merritt Hawkins: 2011 Review of Physician Recruiting Incentives
- Becker’s Hospital Review: 25 Highest-Paid Specialties – Salaries for Hospital-Employed Physicians
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook: Physicians and Surgeons
- Career Trend: Physicians and Surgeons
Writer
Based in Minneapolis, Minn., Dana Severson has been writing marketing materials for small-to-mid-sized businesses since 2005. Prior to this, Severson worked as a manager of business development for a marketing company, developing targeted marketing campaigns for Big G, Betty Crocker and Pillsbury, among others.
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