Earnings for cardiologists vary widely due to factors such as the number of years the cardiologist has been in practice, the size and type of practice (e.g., self-employed private practice, large group practice, and hospital-based), the type of cardiology practiced (noninvasive, interventional, and invasive noninterventional), and the geographic location where they practice medicine. For example, a 2014 survey by the Medical Group Management Association (MGMA) found that noninvasive cardiologists earned a mean annual salary of $383,117. The report found that the bottom 25 percent of noninvasive cardiologists earned an average of $320,000 per year; while, the top the 25 percent of noninvasive cardiologists earned, on average $457,309. According to Payscale.com, a practicing cardiologist in Boston with five years experience earned a median annual salary of $253,805 with the bottom 10 percent of these Boston cardiologists earning $110,000 and the top 10 percent of these cardiologists earning $480,000. A 2015 survey of cardiologists from across the United States by Medscape found that cardiologists earned, on average, $376,000 in total compensation. The Medscape survey also found that, overall, cardiologists as a group are the second highest compensated group of all doctors after orthopedists who earned, on average, $421,000 per year. Benefits will depend on the employer, but usually include such things as comprehensive health insurance and generous retirement plans.
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