Most Cardiologists earn over $300,000 - but think they are underpaid

Remember these numbers the next time you read about why we have to limit medical malpractice claims.

New York, NY - Cardiologists—especially males—are among some of the highest-paid physicians in the US, but most believe they are inadequately reimbursed for what they do.Those numbers come from a 2011 Physician Compensation Report, based on a survey of over 15 000 US physicians conducted earlier this year and compiled by Medscape [1].According to survey respondents, cardiologists were among the third-highest-paid physicians in 2010, after orthopedic surgeons and radiologists, with 60% of cardiologists reporting that they made more than $300 000 and 20% saying they earned more than $500 000. Those earnings include salary, bonus, and profit-sharing earnings, but not any non-patient-related earnings, such as payments from consulting/speaking engagements or expert-witness services.By comparison, pediatricians, the lowest paid, earned a median income of $148 000 in 2010, slightly lower than primary-care physicians, at $159 000.Female cardiologists earn markedly lower salaries, on average, than their male counterparts—a median of $249 000, compared with $340 000. The gender gap appears to be related to women prioritizing more flexible schedules over salaries, to "allow for more family time," the survey results say. Of note, 80% of physicians who responded to the survey were male.

Compensation survey reveals numbers, disparities | theheart.org

Nader: Cuomo's MedMal Reform - selling out injured baby rights

Ralph Nader may have lost his marbles in the electoral sphere.  But he is still on the mark on tort reform.
Selling out Injurede Baby Rights
By Ralph Nader

New York State's Governor Andrew Cuomo will be judged harshly by history if he doesn't reverse his position supporting limiting the legal rights of brain damaged babies. Imagine a life-time $250,000 cap on pain and suffering and families having to endure a burdensome and humiliating struggle to get medical bills paid as they arise from an insurance funded entity. 
Governor Cuomo is hiding behind the recommendations of his Medicaid Redesign Team, which has more than a sprinkling of hospital and industry lobbyists, and which was the stalking horse for this heartless proposal. 
Why you might ask would Andrew Cuomo, the son of Mario Cuomo, a man widely regarded as a champion of the underdog, advance such a mean-spirited and wrong-headed measure? 
The short answer: political expediency. Credible observers say Governor Cuomo needs to give the health insurance industry a financial benefit in exchange for the health insurance industry not economically punishing hospitals workers. And to top it off with a touch that would make Machiavelli proud, the Governor placed this initiative in his budget proposal. This means that for the New York State Assembly and Senate to vote against this draconian measure used to seal a political deal, the legislators would have to vote down the entire state budget. 
It is shameful that the Governor would use his creativity and intellect to help the health industry at the expense of helpless babies who are victims of medical malpractice.
Many in the health care and insurance industry seem to regard the civil justice system as a nuisance that threatens to destroy our economy and way of life. In reality, America’s civil justice system plays an indispensable role. When the rights of injured consumers are vindicated in court, our society benefits in countless ways: compensating victims and their families for shattering losses (with the cost borne by the wrongdoers rather than taxpayers); preventing future injuries by deterring dangerous health care and other practices, spurring safety innovation; and educating the public to risks associated with certain products and services. These legal rights provide society with its moral and ethical fiber by defining appropriate norms of conduct. 
Governor Cuomo needs to review the facts on medical malpractice. First he should know that supporters of tort "deform" invoke one myth after another: a litigation explosion, juries automatically ruling in favor of plaintiffs and routinely awarding punitive damages, an economy shattered by these awards. Each of these notions is demonstrably false. Only a tiny percentage of persons injured bring lawsuits, and an even tinier percentage of those who do receive large verdicts. Limiting victims' rights is an anti-democratic solution to a trumped-up problem.......

Continued HERE