Canadian med school graduates make $21k more per year than U.S. grads: 5 findings

U.S. citizens who attended medical school in Canada and returned to practice medicine made roughly $324,000 per year, compared to U.S. educated and trained physicians, who made $303,000 per year, according to a recent physician compensation report by Medscape.

The eighth annual Medscape Physician Compensation Report represents one of the most comprehensive physician salary surveys released per year. For the 2018 report, researchers gathered data from 20,000-plus physicians in 29 specialties to analyze trends in compensation.

Here are five key highlights from the report.

1. Physicians who attended medical school in Canada but opened a practice in the U.S. made roughly $324,000 per year, on average, followed by physicians who attended medical school in the U.S. ($303,000), Mexico ($296,000) and India ($292,000).

2. Physicians in the North Central U.S. made the highest salaries at $319,000, on average, followed by physicians in the Southeast ($309,000), Northwest ($306,000) and South Central U.S. ($303,000). Physicians in the Northeast made the lowest salaries at $275,000, on average.

3. Self-employed physicians, on average, tended to make more than employed physicians.

4. At $239,000 per year, male physicians tended to earn a higher annual salary than female physicians ($203,000).

5. Pediatrics and obstetrics and gynecology tied to be the most female-dominated specialty fields at 60 percent, followed by plastic surgery (50 percent), public health and preventive medicine (48 percent) and family medicine (44 percent).

To access the full report, click here.

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