How much income do doctors make in a year?

Answer 1

The answer depends on several factors, including which residency program the person is in (especially which part of the country), which year in residency he or she is in, and in some cases, which type of residency he or she is a part of. Generally, salaries are anywhere from $30,000-$50,000 a year with another $10,000 or so in benefits (insurance, education expenses, etc.). There are certainly some programs that offer more compensation because of particular circumstances, especially ones that are in rural areas. Salaries typically increase by a few thousand dollars for each year the physician is in residency. This answer assumes you meant resident physicians in the USA.

Hope this helps!

Dr. B.

============== Further explanation to above: Medicare actually subsidizes post-graduate medical education at a rate of about 80k or 90k per resident per year. (I think when I was a resident the amount was 80,500). This is supposed to help programs stay open even though the program's residents cannot bill insurance or Medicare/Medicaid for their services. The rationale is that it kept good doctors employed as supervisory teachers by allowing them to bill for the resident's work. Most departments, however, claim to lose money on residency programs, especially on the west coast and in the northeast, despite paying the residents about half of what CMS gives them and spending an additional 20 percent on benefits.

BUT residents with licenses and permission from their departments can "moonlight" for anywhere from $50 to $150 per hour at walk-in clinics, small ERs, rehab programs, etc., and they will often make more doing that part-time than they will in their full-time residency positino.

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WHen I was in residency I made 370K my last year because I moonlighted extremely hard.

Answer 2

This can vary based on the place one does residency, but generally a resident makes in the low $40,000 range. Additionally, you usually get a raise of $1,000 or so each year of residency. Anesthesiology takes four years to complete, so by the end of your residency you should be making in the mid 40,000 range. Also, a resident may have the opportunity to earn additional money on top of this by moonlighting. This is where on the resident's off days he or she picks up extra shifts and gets paid "overtime" so to speak. You can earn quite a bit of money moonlighting but most people just don't have the time during a busy residency to moonlight all that much.

I read an anesthesiologist is the number one HIGHEST paid profession and there is no way that 40,000.00 is what they make . I make that working at wireless company.

An anesthesiologist make up to 400,000.00 . Yes.

Here's the real answer: The first person was correct. Anesthesiologists get paid around $40,000. in RESIDENCY, That is when they are "still in school," so to speak. They go 4 years of university, 4 years of medical school, and they have to attend around 4 years (depends where you live) of residency after that. During those four years of residency (which is still training for them), they get PAID. But when the finish that, and get a "real" job, in say, a hospital, it is then they start to make from $200,000 and upwards.

Answer 3

There is no question that medical doctors are some of the highest paid specialists in America. A doctor's income can range from 80, 000 dollars a year to 2, 000, 000 dollars a year. Three factors that contribute to this difference in yearly income are a doctor's specialty, affiliation, and ownership in a private practice medical group. For example, a Gastroenterologist who is employed by a hospital, or a large medical corporation, will usually make less than a Gastroenterologist who shares ownership in an 8 to 20 man private practice medical group. This differentiation in yearly income also applies for Cardiologists, OBGYNs, Radiologists, Urologists, Oncologists, and Podiatrists. These specialists are capable of making up to 600, 000 dollars a year if they share ownership in a private practice medical group. This number can be cut in half if these specialists are employed by a hospital, or a large medical corporation. Some of the lower paid medical specialists include Neurologists and Orthopedists; this is because their level of expertise does not include evasive medical procedures. Their average work day mainly consists of reading patient scans, and determining if they are a significant candidates for surgery. Now, Internists, Family Practitioners, and Pediatricians are among the lowest paid doctors in America. These medical doctors will usually make between 80, 000 and 200, 000 dollars a year either working for a hospital, or a private practice medical group. This is because their level of expertise does not include costly medical procedures. Their average work day mainly consists of basic examinations, prescribing medications, and referring patients to specialists, which does not generate a large amount of income. On the other hand, Orthopedic Surgeons, Plastic Surgeons, Neurosurgeons, Cardiothoracic Surgeons, and Cardiovascular Surgeons, are among the highest paid doctors in America. These specialists are capable of making between 600, 000 dollars a year and 2, 000, 000 dollars a year. Although many of these surgical specialists will usually earn more money in private practice medical groups, surgical specialists are still capable of making up to 2, 000, 000 dollars a year as employees of large university hospitals. This is because the cost of surgery is extremely high, and these specialists generate a large amount of income for their hospitals; therefore, their yearly incomes are extremely high. Now, certain medical specialists who share ownership in private practice medical groups are capable of making up to 1, 000, 000 dollars a year. These specialists include Dermatologists, Ophthalmologists, and Orthodontists. This is because their level of expertise includes cosmetic (non-insurance) care, highly booked appointment schedules, and/or highly expensive medical or surgical procedures. Although the significantly high income of surgical specialists in America is relatively similar in large university hospitals, Plastic Surgeons who share ownership in solo-private practices, or 2-3 man private practice medical groups, are usually considered the highest paid doctors in America. This is because these Plastic Surgeons are only providing cosmetic, or aesthetic care, which allows them to charge very high amounts of money without the involvement of any medical insurance. This is why these surgical specialists are the highest paid doctors in America, with a base salary of 800, 000 to 4, 000, 000 dollars a year.

Answer 4

I think the ADA estimates average annual income around 140K. Some dentists who have been practicing for a while earn considerably more. New dentists can earn around 90-100K.

Busy practices gross over 1 million a year, with about 50 or 60% overhead. So the practice owner takes home over 500K, before taxes.

Answer 5

Doctors can earn anywhere from $156,000 a year to well over $300,000 a year depending on their specialty.

Answer 6

About 30,000 a year. Depending where you do residency. Good Luck!

Answer 7

about 100k