Top 5 Medical Practices that Make the Most Money

Studying to be a doctor is not easy. In fact, in a survey that spanned over 100 countries, the career of doctor was the one which held the most regard, and was hardest to achieve among the commond people. It is no wonder then that the profession of ‘doctor’ should be well paid and handsomly rewarded. That is the case, at least in many of the top economic countries. furthermore, there are many specialties in the field of medicine. There are many types of doctors and some of them are paid much more than others. Here we take a look at the top specializations within the field of doctors and physicians that make the most money.

Dermatologist using magnifying glass to examine woman’s skin

5 Dermatology

Dermatologists work with the largest organ in the body, the skin! Theirs is considered by many to be one of the easiest and most convenient jobs that a doctor can have. The reason is simple: most health issues related to the skin are not emergencies! Unlike the heart or the brain, skin tends to be a more convenient organ to deal with and thus makes this field one of the most sought after medical fields. That in turn causes it to be be one of the most competitive, and thus it is also one of the most highly paid. The average salaray for a Dermatologist is around $300,000 annually.

4 Plastic Surgeon

Unline most other doctors, plastic surgeons are usually not covered by government insurance. And therefore they tend to run their own businesses that depend on private paying clients. That can be a good thing and a bad thing at the same time. The reason is they are not guaranteed government allocated funds, however they also are free from the limits that come with being paid by government programs such as OHIP in Canada or Medicare in the US. In any case, plastic surgeons can take away a very respectable $350,000 annually.

3 Gastroenterology

Gastroenterology is the field of digestive disorders. It is a field of internal medicine and has become very advanced in recent years with procedures such as endoscopies and other minimally invasive procedures. These doctors can make a significant sum on an annual basis that ranges in the area of about $400,000 per year.

2 Cardiology

Cardiologist have one of the highest and most respectable reputations in the healthcare field. And that is because they deal with one of the most important organs in the body which is the heart. Heart surgeries have come a long way in the past century and advances have made it possible to do things today which were not possible in the past. Nonetheless, heart surgeons can rake in large salaries that can reach as hight as $430,000 annually.

1 Orthopedic Surgery

Orthopedic surgeon operating on foot.

According to Forbes magazine, Orthopedic surgeons are one of the top paid doctors in the healthcare field. In some circles the #1 position is highly debated and some people believe orthopedic surgeons should be #2 behind cardiologists. However, they still usually make the top or very near the top of most lists with an average salary of about $450,000 annually.

Finally, it is interesting to compare this with the average family doctor who can make in the order of 150,000 – 250,000 per year. Healthcare is an important business in many countries (check here). In Canada, the government pays for the full compensation of doctors and thus there is considerable oversight on the system. Furthermore, the healthcare system is always changing and one of these changes is the rise of the Walk-in Clinic, which is becoming a very popular method for delivery healthcare services. Visit http://santamariamedical.ca to find out more about the types of services that are offered by this type of healthcare service. How this affects the salaries of these top paid medical professions remains to be seen.