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. 1988 Winter;10(2):17–24.

Table 5. Average net income of physicians, by corporate status and specialty: United States, 1975 and 1983-84.

Specialty Incorporated Unincorporated


1975 1983-84 1975 1983-84


Nominal Adjusted1 Nominal Adjusted1
All physicians $64,100 $111,135 2$103,794 $48,200 $83,568 2$78,087
General practice 53,500 92,757 86,852 42,800 74,206 63,766
Internal medicine 61,300 106,280 90,213 49,100 85,128 80,615
Pediatrics 53,700 93,104 85,588 48,500 84,088 64,469
General surgery 68,900 119,457 118,143 55,700 96,571 98,380
Obstetrics-gynecology 74,400 128,993 124,623 54,100 93,797 86,801
Family practice NA NA 81,580 NA NA 70,384
Cardiovascular specialties NA NA 148,881 NA NA 92,587
Other medical specialties NA NA 121,486 NA NA 82,597
Orthopedic surgery NA NA 143,615 NA NA 137,039
Ophthalmology NA NA 150,650 NA NA 89,099
Urology NA NA 119,098 NA NA 92,507
Other surgery NA NA 129,558 NA NA 99,979
Psychiatry NA NA 82,838 NA NA 74,350
Other specialties NA NA 114,627 NA NA 89,617
1

Nominal dollar figures for 1975 were adjusted to 1983 real-dollar levels using the Fixed Weight Price Index for Personal Consumption Expenditures.

2

Includes only specialties surveyed in both 1975 and 1983-84.

NOTE: NA is not available.

SOURCE: Health Care Financing Administration, Office of Research and Demonstrations: Data from the National Physicians' Practice Costs and Income Survey, 1975 and 1983-84.