How Much Do Doctors Make?

In this video, Dr. Webb talks about a recent medscape survey that interviewed over 20,000 doctors and asked them how much they earn, how many hours a week do they work, how much overhead do they pay, and more!

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MEDICAL DISCLAIMER
The information provided is not intended to be a substitute for professional medical advice, diagnosis or treatment. Never disregard professional medical advice, or delay in seeking it, because of something you have read on this website. Never rely on information on this website in place of seeking professional medical advice.

[antoniowebbmd]

Thanks for watching everyone! Hope this video helps!

[GS-xtfu]

My friend died on the way to the hospital. He was revived and went flat again. They revived him. The cardiologist went to work on him an hour after getting there. Test etc were performed, first. He of course got immediate attention. He is not over weight and was only thirty nine. I can’t medically explain his condition but it was serious. The main artery to his heart was almost completely shut off. He was in there for almost five hours. This was nine years ago. He is healthy and has since that time created two wonderful children. I don’t know what the surgeon made earned it and we are grateful. What a wonderful job he did and saved my best friend.

[imbennelson]

Oncologists have saved my moms life twice from leukemia. I've said many times these doctors will never be paid enough for what they do.

[kyledenihan]

As a current third year medical student, I really appreciate this video! I feel like the topic of money doesn’t get talked about enough with students. It’s not the reason most people want to become a doctor, but it’s undoubtedly an important topic to cover. So, thank you for this video and the transparency you displayed with it!

[itsdocdaniel]

Audio sounded very odd on my Beats headphones LOL.. Sounded like you were sitting right behind me talking. Longtime sub, and I just got accepted to an MD program after a career change and then multiple rejections. Your videos really inspire me. Thank you doc!

[Milkdudsaveusss]

To me it makes more sense for a new doctor to be an employee for a few years and save, then get his own practice.

[SK-mrov]

Dr Webb why are you sayin 800k without a smile on your face? You can be happy about your future salary, we won’t be mad😂😂

[ericklopez]

I really wished that Medscape would divide up the salaries by specialty, location, and experience, i.e. entry level

[as.]

Wow this was such an in-depth video! I definitely think that either primary care physicians should be better paid, or that college/med schools should cost less.

[JS-upoe]

Doctors should be the highest paid people in the world .

[easymedicinebytmd]

Super interesting video! Those numbers seem really high in comparison to what doctors earn here in Europe! Thanks for this summary!

[jamescrawford]

People never want to talk about money, but it’s always important no matter what you do. It’s a serious financial debt to become a doctor, and it’s certainly not easy to even get there. Imo doctors deserve everything they make and more

[rosemariekury]

We’ve had the same pc doctor for. a number of years and he’s mentioned he gets so frustrated with the amount of paperwork required for Medicare. I think a lot of that should be eliminated, and that would keep costs down. He’s a very good doctor and we try to thank him. each time we see him, as I’ve heard that sometimes they get very depressed and even suicidal. Love your videos and I’m impressed with all of the “grit” and determination you have.

[doc_nk]

Compensation is always a great topic I like covering as well. Medscape puts my specialty ophthalmology at 366k . Ophtho has a huge range. Low starting salary but a very high ceiling. Lots of cash based work too. We are sort of secretive about our pay for bureaucratic reasons. Because most of our practice is outpatient the base salary is not necessarily our take home. Contracts are based off production and partnerships. Also depends on subspecialty . Retina surgeons average 6 to 7 hundred thousand. Thus, there are definitely many making in the 7 figures Ie. High volume cataract surgeons and lasik surgeons. But like Dr. Webb mentions there are so many factors that can boost your salary. Private practice will make much more than academics. Partnership will always be more than employed.

[adrianvalderrama]

These reports should really include pay per hour worked. Some specialties make way more than others, but also work a lot more during residency and post-residency life.

[nicholassummerlee]

I think Doc might need a lesson in taxes and owning a business. You're not taxed on revenue when you own a business. You're taxed on profit. All of you overhead is that you pay is basically a write-off and you'd only be taxed on the 500k profit. You'd be left with roughly 300k after all federal, state, and local taxes are paid, not 130k.

[kehw]

Your Doctors deserve every dollar they earn imo.

[princesslove]

Do pediatricians only make 100-150K? I feel like that’s too low...

[gundafamily]

Hey Dr. Webb is finally an attending! Congrats!

[drsomeone]

Dear Dr.webb if you find the time please a video about medical oncoloy would be fantastic considering how they are doing very well with medscape reports makes me really eager to know more about it.
As always thank you for making these videos 🌹