How does a better doctor make money
What doctors in private practice in Germany earn
There are 119,600 resident doctors in Germany. The earnings fluctuate from subject to subject. Ophthalmologists make the most money, neurologists and psychiatrists are the worst paid.
Those who generate more sales potentially have more money available to make investments. However, the expenses of ophthalmologists - the top earners among general practitioners - are only average. How high the income of resident specialists is and what percentage of sales are spent on material and laboratory work can be seen from the study of the cost structure of medical practices.
A General practitioners, who runs an individual practice earns an average of 319,000 euros per year. The expenditure is 46.1 percent. The largest item is personnel costs, which - depending on the size of the practice and income - are between 25 percent and 29.2 percent. The average net income for the general practitioner is 172,000 euros per year.
A Internist has an annual gross turnover of 418,000 euros. He spends exactly half of his sales on expenses, so that the net income of a resident internist at the end of the year is 209,000 euros.
The income of the resident population has risen Gynecologist. According to the evaluation by the Federal Statistical Office of 2011, they still generated a net income of 134,000 euros, now it is an impressive 179,000 euros. The expenditure for material and laboratory work is 3.6%.
Resident specialists of the Paediatricswho run an individual practice in this country generate 332,000 euros a year. At 27.8%, personnel costs are somewhat higher than those of most colleagues in other disciplines. After deducting the expenses totaling 48.4%, the pediatrician has a net income of 171,000 euros.
Ophthalmologists are those resident specialists with the highest earnings in Germany. We have 2,499 owners of individual ophthalmology practices. The annual gross amount for around a quarter of the owners (655 people) is 500,000 euros or more. On average, owners of a single ophthalmology practice earn 477,000 euros. After deducting the expenses, there is a net income of 249,000 euros.
With an average turnover of 350,000 euros, the earnings of the owners of a practice are for Ear, nose and throat medicine over 100,000 euros lower than at the ophthalmologists. The net income is an annual gross of 180,000 euros.
The income of a resident is above average Orthopedic surgeons. Here the gross annual amount is 462,000 euros. As with the other disciplines, personnel costs are around a quarter of the expenditure (26.1 percent). After deducting all expenses of 55.7 percent, there is a net income of 205,000 euros.
Established Surgeons take an average of 476,000 euros. In this specialist area, the number of general surgery practices dominates (1,272 practices). There are also 1,184 practices for orthopedics and trauma surgery, 638 practices for oral and maxillofacial surgery, 400 practices for plastic and aesthetic surgery, 324 practices for vascular surgery and 280 practices for neurosurgery. After deducting all expenses (55.2 percent), surgeons have a net income of 213,000 euros at the end of the year.
With an individual practice for dermatology the average in Germany is 441,000 euros. 48.4 percent flow out again for expenses (personnel costs 25.7 percent). The annual net income is an average of 227,000 euros.
Urologist have an identical annual income of 227,000 euros (net income). At 436,000 euros, the income is slightly lower than that of general practitioners. But the personnel costs are lower at 22.2 percent.
Owners of individual practices for neurology, psychiatry and psychotherapy, child psychiatry or psychosomatic medicine bear the red lantern in the earnings table. Here, 282,000 euros are generated per year. The expenses amount to 45 percent. The net income at the end of the year is 155,000 euros.
Every four years, the Federal Statistical Office provides facts on the merit of general practitioners. The numerical values for some specialist areas such as radiology, anesthesiology or nuclear medicine are not certain enough to provide reliable information.
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