Anesthesiologist Salary 2026: How Much Do They Really Make?

15 min read
SalaryDr Research Team
Physician Compensation Research
Table of Contents

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Frequently Asked Questions

What is the average anesthesiologist salary in 2026?
The median total compensation for anesthesiologists in 2026 is approximately $430,000. However, this varies significantly by practice model, with anesthesiologists in private groups or partnerships often earning $500,000 to $650,000, while academic anesthesiologists typically earn $350,000 to $420,000.
How does the CRNA supervision model affect anesthesiologist pay?
In care-team models where anesthesiologists supervise 3-4 CRNAs, individual anesthesiologist productivity (and often compensation) can be higher because they bill medically directing fees for multiple concurrent cases. However, states expanding CRNA independent practice authority may reduce demand for anesthesiologist supervisory roles, potentially affecting compensation in some markets.
Do anesthesiologists get paid for being on call?
Yes, most anesthesiologist positions include call compensation. Typical arrangements include per-diem call pay ($1,000 to $2,500 per 24-hour shift), additional per-case fees for cases performed during call, or a built-in call stipend reflected in the base salary. The specific structure varies by employer.
Is anesthesiology partnership still worth it financially?
Partnership in a private anesthesiology group can significantly increase earnings — partners often earn $500,000 to $700,000+ compared to $380,000 to $450,000 for employed anesthesiologists. However, partnership typically requires a 1-3 year buy-in period, carries business risk, and involves administrative responsibilities. The financial gap has narrowed in some markets as hospital employment offers have improved.
What anesthesiology subspecialties pay the most?
Cardiac anesthesiology and pain medicine tend to offer the highest compensation among anesthesiology subspecialties. Cardiac anesthesiologists earn a median of $470,000 to $550,000, while pain medicine physicians can earn $500,000 to $700,000+ depending on procedural volume. Regional anesthesia and critical care typically pay near the general anesthesiology median.