How Has Cardiologists' Compensation Evolved Over the Past 5 Years?

Compensation for cardiologists has compressed in recent years as federal and state regulators kept a more watchful eye on cardiology procedures and reimbursement patterns.

According to Merritt Hawkins' 2012 report on physician recruiting incentives, the average base salary offered to noninvasive cardiologists has fallen by more than $20,000 over the past several years. Starting base salaries exceeding $600,000 are also few and far between.

However, invasive cardiologists have seen some stability in their average base salaries since 2009. Their average offered base salary was $512,000 last year compared with $495,000 three years ago.

Here are the offered base salaries for invasive cardiologists and noninvasive cardiologists over the past several years. (Note: Merritt Hawkins has only tracked offered incomes for invasive cardiologists since 2009.)

Noninvasive cardiologists

Year

Low

Average

High

2011-2012

$275,000

$396,000

$600,000

2010-2011

$270,000

$420,000

$525,000

2009-2010

$315,000

$420,000

$600,000

2008-2009

$180,000

$419,000

$880,000

2007-2008

$250,000

$392,000

$1 million


Invasive cardiologists

Year

Low

Average

High

2011-2012

$400,000

$512,000

$650,000

2010-2011

$380,000

$532,000

$650,000

2009-2010

$325,000

$495,000

$680,000


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