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 |
More Articles on Physician Compensation:
Average Physician Relocation Allowance Stays Steady at $10k
35% of Hospital Medical Directors Receive Performance Bonuses