A Cardiologist Cardiac Electrophysiologist is a medical professional, who specializes in diagnosing, preventing, and treating diseases and conditions related to the conduction system. This type of cardiologist may use different techniques to identify areas in your heart that are experiencing problems with rhythm and CAD (coronary artery disease). An electrophysiologist is a subspecialty of cardiology that specializes in the Heart rhythm problem. They use techniques like electrophysiology studies, electrocardiography, and cardiac ablation methods to identify the reasons behind an arrhythmia. Let us know ‘Salaries For Cardiologist Cardiac Electrophysiologist’.
Salaries For Cardiologist Cardiac Electrophysiologist
Clinical cardiac electrophysiologist in the US have a wide salaries range, typically ranging from $350,000 to $625,000 per year. The median salary for this profession is $490,000 per year. The middle 67% of electrophysiologists earn between $490,000 and $625,000 per year, the top 33% earn $236,000, the high end of this range, and the top 25% earn $197,000 or more. Top earners, in the 90th percentile, earn $207,000 per year. These salary ranges suggest that there are many opportunities for advancement and pay increases based on skill level, location, and years of experience.
Range of Salaries
The salary ranges can vary depending on the specific job, industry, and location. Some jobs may only have a few salary ranges, while others may have many. In general, most jobs have at least a minimum and a maximum salary range, but there may be several intermediate ranges in between. Additionally, some jobs may have variable pay structures, such as commissions or bonuses.
Average Salaries
The highest peak reaches a lofty $209,000, while the lowest peak stands at a humble $49,500. Most Cardiac Electrophysiologists are climbing up the middle of the range, with the base camp starting at $83,000 and the summit at $197,000. Those who can climb even higher and reach the top 10% can proudly plant their flag on the $207,000 peak.
Minimum Salaries
According to the Medscape Cardiologist Compensation Report 2023, the minimum reported salary for a Cardiologist in the United States was $1,900,000 per year, while the maximum reported salary for a Cardiac Electrophysiologist was $1,200,000 per year.
Base Salaries
The base salary range of $290,937 to $460,814 represents the total amount of money an individual earns in a year before any taxes or deductions are subtracted. It does not include any additional forms of compensation, such as bonuses, benefits, commissions, or profit sharing.
Maximum Salaries
The maximum pays for the card -electrophysiologist ranges from $369,084 to $681,686 and includes base salary, bonuses, profit sharing, tips, commissions, overtime pay, and other forms of cash earnings.
Factors Affecting Salaries
Several factors affect the salaries of cardiac- electrophysiologists are
- Experience
- Specialization
- Geographic Location
Experience
Electrophysiologists play a crucial role in increasing their salaries. Below, I will explain why?
The salaries of electrophysiologists can be influenced by their level of experience. An individual with 1 year of experience can expect to earn a salary of $365,397. Those with 1-4 years of experience can earn an average total salary of $320,000, while those with 5-9 years of experience earn an average total salary of $352,373. Professionals with 10-19 years of experience can expect to earn $350,000 in their later careers, and those with 20 or more years of experience can earn even higher, up to $320,000.
Specialization
- Specialization in Cardiac Electrophysiology plays a significant role in increasing salaries. The average salary for cardiologists in the United States while the average salary for Cardiac
- Electrophysiologists were $101,343. This indicates that specializing in Cardiac Electrophysiology can lead to a significant increase in salary.
- Pediatric expertise has the lowest earning rate. Experience pediatrics mostly earn an average salary is about $273,000.
Geographic Location
- It impacts the salaries of cardiology professionals, including electrophysiological.
- The average pay of an electrophysiologist in the US is about $ 437,000 per year. While in Australia average salary is about $ 167, 000. Canada is the highest salary rate in the heart profession between $114, 000 and $217, 000.
- Mid-Atlantic and The southwest are the lowest-paid areas being $348, 000 and $375, 000 per year.
Salary deviation by Practice
The type of practice that an electrophysiologist is engaged in can have a notable footprint on their salary. Each type of practice has its pros and cons, so it is important for electrophysiologists to consider their options before deciding on their career path here are some ways that the type of practice can impact an electrophysiologist’s earnings
- Academic medical centers: Electrophysiologists working at academic medical centers may earn less than those in private practice, the average range is $584,300 per year, but they may have access to other benefits such as research opportunities, and access to modern technology.
- Private practice: Electrophysiologists working in private practice may earn more than those working in academic medical centers, however, it has more overhead expenses and less job security. Its annual salary range is $ 687,000 per year.
- Hospital-based practices: Electrophysiologists who work in hospital-based practices may earn a salary that is similar to those in academic medical centers, salary range is $463,00, but they may have less autonomy and may be subject to hospital policies and procedures.
Salaries in different states
There you can analyze some different states and yearly salaries
State Annual Salary
- California ……$105,514
- Santa Clara… $131,895
- Belgrade…….. $131,416
- Washington… $138,704
- New York City…… $135,945
- San Mateo……. $130,999
- Green River…… $130,430
- Boston…… $128,879
- Daly City… $128,726
- Berkeley… $128,143
- Renton…… $127,411
- Santa Monica… $126,936
- Juneau… $126,489
- Quincy…… $125,885
Conclusion
Cardiac electrophysiologists have the highest salaries in the medical field. The demand for their services is increasing by 16% per year. The salary of a cardiologist depends on factors including their location, experience, practice type, and specialization. Nevertheless, there are many opportunities for new and aspiring cardiologists is a highly valued and sought-after field in medicine. Therefore, those who wish to pursue a career in cardiology should read this content and plan for their future
FAQS
Q1: What is the highest-paying specialization in cardiology?
A: According to the American Medical Group Association, the highest-paying cardiology specializations are cardiac and thoracic surgery, cardiovascular surgery, and interventional cardiology.
Q2: How does the work affect salaries for Cardiologist and Cardiac Electrophysiologist?
A: Cardiac Electrophysiologists in private practice tend to earn higher salaries than those in hospital or academic settings. However, working in private practice, in addition, requires more business and administrative skills than working in a hospital or academic.
