Highest-Paying Specialties

Medicare Data Report

Ranking of medical specialties by average Medicare payment per provider, revealing which specialties generate the highest reimbursement volumes.

Specialties Analyzed

Highest Avg Payment

$369K

Rheumatology

Total Providers

353K

Specialties Ranked by Average Medicare Payment

#1Rheumatology$369K

5K providers

#2Hematology/Oncology$235K

4K providers

#3Dermatology$224K

12K providers

#4Cardiology$180K

19K providers

#5Nephrology$139K

9K providers

#6Urology$133K

9K providers

#7Physical Medicine$111K

8K providers

#8Geriatric Medicine$105K

2K providers

#9Orthopedics$102K

21K providers

#10Pulmonology$95K

10K providers

#11General Practice$87K

3K providers

#12Infectious Disease$80K

6K providers

#13Endocrinology$79K

6K providers

#14Neurology$79K

16K providers

#15Internal Medicine$77K

89K providers

#16Gastroenterology$76K

14K providers

#17Family Medicine$56K

79K providers

#18Critical Care$52K

5K providers

#19Psychiatry$32K

18K providers

#20OB/GYN$15K

18K providers

All Specialties Revenue Gap by Specialty E&M Coding Patterns

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Data: CMS Medicare Physician & Other Practitioners, 2024Coverage: 1,175,281 providers analyzedLast updated: January 2026

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