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What Medical field makes the most money??

Do Orthopedic Surgeons make good money?

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Scott’s Answer

Hi Haley. I must warn you, becoming and being a doctor is very difficult and a long grind. You have to be near the top of your class in college to have a reasonable chance of getting into medical school and the 4 years of medical school are a real test of determination and dedication to becoming a doctor. This is followed by at least 3 years of post-graduate training with long hours of work and intense learning to get certified in any medical specialty and in the case of orthopedic surgery, it is 5 years or more. This means at least 9 years of study and training after college. The lifestyle after all your training is complete is still not necessarily easy as it requires long hours and sometimes being available 24 hours a day. All that being said, as an internal medicine doctor, I would do it all over again as I cannot think of a job as rewarding and fulfilling as the practice of medicine. If you have a love of science and a sense of being drawn to a helping profession then by all means go for it! On the other hand, if your motivation is to make a lot of money, I suggest you look at other alternatives.
Thank you comment icon I agree w Scott. It will take even more years, but if you are motivated (severely motivated) then become a radiologist. Takes alot of dedication and schooling, anatomy in many modalities, hands on interventional, fluoroscopy etc, so many different opportunities. Tammy Frolek
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Sharon’s Answer

Hey Haley! I found these two sites that could give you insight into healthcare careers and the median salary: https://college.mayo.edu/academics/explore-health-care-careers/by-salary/ and https://pce.sandiego.edu/best-healthcare-jobs/. According to ZipRecruiter, the average annual pay for an Orthopedic Surgeon in the U.S. is $329,222 a year. When researching salaries of specific roles, also remember that the salary can differ based on location.
Thank you comment icon Thank you for the advice, Sharon. Haley
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Afeniforo’s Answer

Hi Haley, as an Orthopaedic surgeon, I'll like to tell you that Orthopaedic surgeons make good money.
All over the world, among other specialties of surgery, Orthopaedic surgeons belong to the highly paid class of surgical specialties.
However a lot depends on your definition of "good money".
A lot also depends on where you work, your subspecialty in orthopaedics and the class of patients you attend to.
For medicine and surgery generally, it is clear that there are other better paying professions that will give far better satisfaction.

So, again, I'll say it all depends on your definition of "good money".
Finally, I'll like to bring to your notice that most doctors all over the world are not satisfied with their pay, considering the time and effort the profession demands. What keeps us going is our love for what we do.
So if money is your primary drive for being a surgeon, you may get disappointed and frustrated along the way. However nothing says money cannot be your secondary drive. (Smiles)
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James Constantine’s Answer

Dear Haley,

Which Medical Profession Earns the Most?

Identifying the most lucrative medical profession can vary based on factors like geographical location, years of experience, and area of expertise. However, certain medical fields consistently show higher earning potential, according to recent data and trends. The U.S. Bureau of Labor Statistics (BLS) highlights some of the top-earning medical specialties:

Anesthesiologists: These doctors specialize in giving anesthetics during surgeries and other procedures. The median annual salary for anesthesiologists in the U.S. as of May 2020 was $265,940.
Surgeons: These medical professionals perform operations to treat various conditions and diseases. In May 2020, the median annual wage for surgeons in the U.S. was $417,670.
Psychiatrists: Psychiatrists diagnose, treat, and prevent mental, emotional, and behavioral disorders. Their median annual wage in May 2020 was $208,000.
Oral and Maxillofacial Surgeons: These specialists focus on surgical treatment of the mouth, jaw, and face. Their median annual salary in May 2020 was $249,760.

These top-earning medical fields often require intensive education and training, contributing to their high earning potential.

Do Orthopedic Surgeons Earn Well?

Orthopedic surgeons, who diagnose, treat, and prevent conditions of the musculoskeletal system, earned a median annual salary of $417,670 in May 2020, according to the U.S. Bureau of Labor Statistics. This places orthopedic surgery among the highest-earning medical specialties.

The income of orthopedic surgeons can vary based on factors like location, experience, and the size and nature of their practice. However, they generally earn a competitive salary compared to other medical professionals.

In summary, several medical fields offer high earning potential, with anesthesiology, surgery, psychiatry, oral and maxillofacial surgery, and orthopedic surgery ranking among the highest earners. Factors such as location, experience, and type of practice can further influence a medical professional's income.

Reliable Reference Titles:

U.S. Bureau of Labor Statistics: The BLS offers detailed data on employment and wages in the U.S., including information on various medical professions and their respective earnings. This data helped identify the top-earning medical specialties.
American Academy of Orthopaedic Surgeons (AAOS): The AAOS, a professional organization for orthopedic surgeons in the U.S., provides information on the profession, including average earnings. This source confirmed the earning potential of orthopedic surgeons.
Association of American Medical Colleges (AAMC): The AAMC represents U.S. medical schools, students, teachers, and researchers. Their resources and data on medical education and careers, including information on the highest-paid medical specialties, validated the findings on the highest-earning medical fields.

God Bless!
James Constantine Frangos.
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Karen’s Answer

First off, a hearty congratulations if you've been accepted into medical school to shape your future as a doctor. If not, it's fantastic that you're contemplating a career in medicine. Regardless of your personal motivations for choosing this challenging yet rewarding profession, the financial aspect is undeniably a part of the equation.

I did a quick online search and stumbled upon this article: https://www.inspiraadvantage.com/blog/highest-paid-doctors-in-the-us.

Though I didn't verify the exact figures mentioned in the article, it does align with my understanding that neurosurgeons are the highest earners globally. However, they also face the most stress and have the most demanding schedules.

Feel empowered to delve deeper into this topic and see how it aligns with your passions.

Remember, while the potential earnings may sway your decision, it's crucial to strike a balance between your stress levels, personal wellbeing, and financial gain.
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