Table 8. Median net income of physicians, by source of data and specialty: United States, 1983.
Specialty | National Physicians' Practice Costs and Income Survey | Medical Economics1 | American Medical Association |
---|---|---|---|
General practice | $65,000 | $68,130 | 1$63,000 |
Family practice | 65,000 | 76,200 | 163,000 |
Internal medicine | 85,000 | 83,450 | 80,000 |
Cardiovascular specialties | 110,000 | NA | NA |
Pediatrics | 75,000 | 74,060 | 61,500 |
Other internal medicine | 95,000 | NA | NA |
General surgery | 110,000 | 105,500 | NA |
Orthopedic surgery | 130,000 | 142,320 | NA |
Ophthalmology | 110,000 | 112,500 | NA |
Urology | 110,000 | NA | NA |
Obstetrics-gynecology | 110,000 | 109,170 | 107,000 |
Other surgery | 110,000 | NA | NA |
Psychiatry | 75,000 | NA | 72,000 |
In this survey, net income is defined as follows. For unincorporated physicians, it is individual income from practice minus tax-deductible professional expenses before income taxes. For incorporated physicians, it is total compensation from practice (salary, any bonuses, and corporate funds set aside for retirement) before income taxes.
Includes both family and general practice.
NOTES: National Physicians' Practice Costs and Income Survey data are for 1983-84. NA is not available.
SOURCES: National Physicians' Practice Costs and Income Survey data: Health Care Financing Administration, Office of Research and Demonstrations, 1983-84. Medical Economics data: (Owens, 1984). American Medical Association data: (American Medical Association, 1984).