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This question is about psychiatrist salaries.
What is the highest-paid psychiatrist?
The highest-paid psychiatrist is the "locum psychiatrist," earning an average of $340,000. That's $135,000 over the median average of $205,000!
Because of the shortage of psychiatrists, a locum psychiatrist is hired to fill positions temporarily. Someone can get paid per job or hour and travels to meet demand. This work can even be in addition to running a personal practice.
Child and adolescent psychiatrists have consistently been paid higher, averaging $333,500 annually. This demand is extra high, and the market is willing to pay cash for the service. It's seen as a prestigious role within psychiatry.
Interventional psychiatry is becoming more visible, using psychotropic medications along with traditional care. Psychiatrists in this field are earning above-average salaries at $293,500.
Interventional psychiatry offers services such as:
Transcranial Magnetic Stimulation
IV Ketamine
Intranasal Spravato
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