In Medscape's 2014 Compensation Report, dermatologists fall slightly toward the top (eighth out of twenty-five) among all physicians, with average earnings of $308,000. Orthopedists are the earning leaders, followed by cardiologists.
The highest dermatologist earners live in the Southwest and Northwest regions ($385,000 and $341,000, respectively). The lowest earners are in the South Central ($238,000) and Mid-Atlantic ($273,000) regions.
The dermatologist's salary grows depending on factors such as years in practice, skills, number of hours worked, location and professional reputation. According to Medscape, dermatologists who work for office-based multi-specialty groups are the highest earners, at $361,000, followed by those in healthcare organizations, at $336,000. Those in hospital positions make the least ($169,000), while dermatologists in outpatient clinics follow next in line at $211,000. Office-based solo practitioners make $306,000 on average and are in the middle in terms of earnings.
Do Male or Female Dermatologists Earn More?
According to the Medscape survey, male dermatologists, at $329,000, make considerably more than female dermatologists, at $272,000. This is consistent with previous years and responses from all physicians, where men are still the higher earners. "As increasing numbers of doctors start working regular set hours for large health systems, there's little variance in income based on sex," notes Judy Aburmishan, partner in FGMK, LLC, a Chicago firm that represents physicians and other providers.
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