Moonlighting Medical Residents: Side Gigs to Make More Money

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As a resident physician, there’s one thing you can count on:

You’re going to earn a relatively small salary despite the long hours and hard work you’ll be putting in.

Residents earn a fraction of what licensed physicians make. And if you’re already burdened by student loan debt, these crucial years of residency training can be some of the most difficult ones to endure.

For many residents, the only way to get ahead on student loans and start saving for the future is to search for moonlighting opportunities.

As a physician, working a side gig, even if for only a few hours per week, can have a serious impact on your finances and your future.

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Where Do Electrophysiologists Make the Most Competitive Salaries?

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An electrophysiology cardiologist cares for patients with irregular heart rhythms. Electrophysiologists are one of the top-earning cardiologist subspecialties.

Considering that it is one of the most difficult medical specialties — and that it takes sixteen years of training to get licensed to practice — the high pay is understandable.

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How much does an electrophysiologist make?

The answer to that question lies in more than just a number. There are several factors that can make that number jump or dip.

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Interventional Cardiology Salary: Full Breakdown

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In the past, every cardiovascular health issue required surgery to diagnose and heal.

However, that’s no longer the case.

Interventional cardiology uses transradial catheterization to access the heart to treat patients. This method reduces the possibility of complications and results in a much quicker recovery period.

Therefore, specializing in interventional cardiology can increase your demand in the medical field.

According to MedAxiom, interventional cardiologists are among the highest-paid cardiologists, earning much more than non-invasive cardiologists.

But when it comes to subspecialization, it can be difficult to know the fair salary range for doctors.

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This article will help clear up the going salary for interventional cardiologists. It also lays out the best way to deal with many of the financial issues an interventional cardiologist may face in their career.

We will discuss topics such as:

  • Average interventional cardiology salary
  • Factors that affect the fair market value of an interventional cardiologist
  • How to pay off student loan debt as quickly as possible
  • Additional ways that interventional cardiologists can increase their annual income
  • How to negotiate with a potential employer to gain the best possible contract
  • Protecting income through effective tax planning, disability insurance, and smart retirement investing

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How Much Can You Make as a Vascular Surgeon?

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At some point in college or med school, you probably realized that physicians in specialties earn considerably higher salaries than physicians that focus on primary care.

According to 2022 data from Medscape, the average primary care physician in the United States earns approximately $260k per year. At the same time, specialists earn an average of $368K per year.

Among specialists, surgeons fare even better. Plastic surgeons earn an average of $576K per year, and general surgeons make an annual salary of $402K.

But what about vascular surgeons? Where do they fall on the salary spectrum?

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Here’s our breakdown on how much vascular surgeons earn, where they make the most, and what factors affect those earnings.

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Compensation: Comparing the Top Reports of 2020

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As we approach the end of the year, millions of healthcare professionals are reflecting on their financial year. The COVID-19 pandemic has disrupted virtually every aspect of social and economic life in the United States. Therefore, it is an especially important time to think about how best to preserve your financial health moving forward. There … Read more

Physician Compensation Report 2020

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Physician compensation report 2021
Regardless of your specialty or what city you work in, most physicians are curious about how their salary stacks up against the competition. Moreover, whether you’re thinking about practicing in a new state or wondering if your signing bonus is what it should be. Know the facts to protect yourself and your earnings.

Let’s answer some questions:

  • Which physicians make the most money?
  • Moving a few states away to increase your salary?
  • How your specialty compares against the salaries of physicians in other areas of medicine?

We wanted to know:

  • How much physicians are really making
  • Which specialties are in the greatest demand
  • Which regions of the country are hiring the most
  • Where physicians are being offered the biggest bonuses

Spending hours pouring through hundreds of pages in pricey compensation reports is usually the only way to find this information — but we did the legwork for you.

Therefore, we have created our second annual physician compensation report to help.

In this report, we detail:

  • How physicians in different medical specialties and regions of the United States are being paid for their work
  • The gender wage gap
  • How much physicians are earning in bonuses and incentives
  • Which specialties are in the greatest demand

In addition, we’ve compiled data from nearly a dozen different sources to offer you:

The Free Physicians Thrive 2021 Physicians’ Compensation Report

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