Pain management specialists can wear a variety of hats. They may use any combination of anesthetics, physiatry, physical therapy, and radiology to treat patients.
Pain management specialists may even enlist the help of psychologists or psychiatrists in their patients’ pain management plans.
Physicians who specialize in pain medicine may end up in a variety of healthcare settings, from the critical care unit of a hospital to an orthopedic medical center.
As you will learn in this article, pain management physician salaries can vary.
Factors that affect a pain management specialist’s total cash compensation (salary plus incentives) include:
- Experience
- Location
- Type of practice
We will discuss these factors in depth to give you a good idea of your current and future market value. This information will be valuable to you in your employment contract negotiations.
Once you’re pleased with your salary, there are some financial actions to take to make the most of your income.
These include paying down debt as quickly as possible, protecting your salary with disability insurance, planning for retirement, and using tax planning strategies to save as much as possible on taxes.