Anesthesiologist Salary in the US: 2023 Insights & Breakdown

Based on Medscape Anesthesiologist Compensation Report 2023 and MGMA data:

Compensation Overview

  • Mean Annual Compensation: $420,000 – $450,000
  • Median: ~$400,000 – $430,000
  • Range (10th–90th percentile): $280,000 – $600,000+
  • Hourly (estimated): $130–$220 (based on 2000–2500 hrs/yr)

Key Determinants

FactorImpact
Practice SettingPrivate practice > Hospital-employed > Academic
RegionHighest: Northeast, West Coast, Sun Belt metros. Lowest: Rural, Midwest, academic centers
SubspecialtyPain management, cardiac, pediatric, critical care > general
Call BurdenHigh call = higher pay (or comp time)
OwnershipPartner/shareholder > employee
Volume/ComplexityHigh-acuity, cardiac, transplant, trauma centers pay more

Compensation Components

  • Base salary + productivity (wRVU) bonus
  • Call stipends ($500–$1500/shift)
  • Quality/value-based incentives
  • Retirement: 401k/403b match, profit sharing, cash balance plan
  • Benefits: CME ($3–5k), malpractice (often paid), health, disability, life
  • Sign-on/retention bonuses ($50k–$200k+ in competitive markets)

Trends

  • Shortage-driven increases (ASA projects 12,500 shortfall by 2033)
  • Shift to employed models (60%+ now employed)
  • CRNA supervision models affecting anesthesiologist ratios
  • Locums rates: $130–$180/hr + housing/travel

Gender Gap

Female anesthesiologists earn ~15–20% less (Medscape), partly explained by hours, practice setting, negotiation.

Always negotiate with data: MGMA, AMGA, Merritt Hawkins, state society surveys.

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