How Much Does a Doctor of Osteopathy Get Paid?
A Doctor of Osteopathy undergoes almost the exact curriculum as other medical doctors. The only major difference is that they also study osteopathic manipulative medicine techniques and the musculoskeletal system. In order to calculate how much an Osteopathy Doctor (D.O.) gets paid, a number of variables are considered. These include years of experience, employer type and geographical location.
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Average Salary
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According to the Explore Health Careers website, the average salary for osteopathic physicians and doctors of osteopathic medicine is $185,000 a year, as of March 2011. However, some doctors of osteopathy are paid much more. The CB Salary website indicates a much higher average annual salary of $287,839, with a salary range between $194,757 and $631,313. With such a large range, a number of other factors contribute to how much a doctor of osteopathy will make in this field, including his years of experience, specialty, location and employer type.
Salary by Specialty
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A doctor of osteopathy's specialty has a significant impact on her salary. The Health Care Training Center website indicates median salaries for a number of specialties for doctors of osteopathy. Radiology doctors earn a median salary of $276,684, the highest salary listed on the site, while pediatric doctors earn a median salary of $142,254, the lowest salary reported on the site. Other average salaries by specialty for doctors of osteopathy include a psychiatrist at $162,469; a surgeon at $249,504; an internal medicine doctor at $149,136; an obstetrics or gynecology doctor at $220,180; a neurologist at $178,564; and an oncologist at $235,381.
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Job Outlook
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The job outlook for physicians and surgeons in general is good, with the number of jobs expected to rise 22 percent by 2018, according to the U.S. Bureau of Labor Statistics. This projection bodes well for doctors of osteopathy as well. Doctors of osteopathy will always be in demand by employers like hospitals and other medical clinics because of the unique research and techniques these doctors perform, according to the Health Care Training Center website. Doctors of osteopathy are also in high demand in some rural areas where quality medical care is not as readily available.
Benefits
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In addition to annual salaries, doctors of osteopathy also typically receive benefits. For example, osteopathic doctors may receive bonuses, paid vacation, malpractice or liability insurance, paid holidays, life and disability insurance, health insurance, paid sick leave and a 401(k) retirement savings plan. Some employers might also reimburse or pay for a doctor's continuing education, degrees or certifications.
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References
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