According to the AMA, recent data shows that Hematologist earn from $69,531 – $319,976 per year. Credentialing and experience may increase an annual hematologist salary to anywhere from $360,000 to $600,000.
Hematologist is a specialty profession and the Hematologist salary tells a lot about the job description and the education required to start earning big with the career path outlined. Get the details of the training required to became a hematologist and also what your job role will be if you decide to study hematology.
What is Hematology?
Hematology is the study of blood, blood forming tissues and organs, and blood disorders. Hematologists specialize in the diagnosis, treatment, and prevention of blood disorders.
Hematologist is a doctor that treats, diagnose and prevents diseases related to the blood and blood disorders. The hematologist is a specialized profession, they study the blood and try as much as possible to take care of blood and it circulatory process.
Most entry level doctors do not earn as much the experienced doctors, with age and years of experience the hematologist salary increases. The average salary of a hematologist is $235,000 and can go as high as $600,000 this is because this is a specialty profession. The salary mainly depends on the employer, location, state, age, experience, skills and reputation.
Hematologists are also entitled to many benefits from their employers. Some of the benefits they receive in addition to their base salary are social security, pension benefits, paid time off, healthcare benefits, bonuses and 401K. However they work long hours and hematologist salary might be up to $165 per hour.
Hematologist Job Description
The hematologist job description is quite straight forward, it evolves around the blood. The hematologist examines the blood and blood vessels. They specialize and study the blood, blood forming tissues, and blood related disorders. Hematologists treat blood disorders such as anemia, blood clots, hemophilia, lymphoma, myeloma and bleeding disorders.
They look at the size, structure, function and amount of different types of blood cells and produce reports and scientific analyses to show their findings. They also perform other functions and roles as described below. They also diagnose a patient to detect if they have a bone marrow disease or disorder.
- Receiving and preparing blood samples for analysis;
- Analysing blood samples using computer-aided and manual techniques;
- Reviewing initial data that reveals, for example, white or red blood cell abnormalities;
- Making decisions on further haematological analysis;
- Liaising with other medical professionals to discuss patient treatment plans;
- Prescribing specific types of treatment for individual patients;
- Cross-matching blood for use in transfusions;
- Investigating the biochemistry of blood clotting;
- Producing quantitative data in the form of reports and providing key information to medical staff about a patient’s condition;
- Assisting colleagues in the interpretation of test results;
- Selecting appropriate techniques for different types of haematological analysis;
- Maintaining accurate and detailed records.
They often work in a laboratory doing research and studying about the blood and its various disorders, they study and treat blood-related cancers such as leukemia or lymphoma.
Hematologist Education and Training
To became a hematologist it is a requirement for interested individuals to complete a 4 year degree program with physics, chemistry and biology taken. And an entrance examination called Medical College Admission Test (MCAT) will be taken to gain admission into a medical college for a period of 4 years, the first two years will be used to study about general medicine while the last two years will be used to specialize on the study of hematology.
Upon completion of the medical school program, you will start a one year internship, three years residency training in internal medicine and oncology and a further two to four years fellowship training in hematology/oncology. To get licensed to practice as a hematologist you would need to stay longer in school and pass all board examinations. The cost of training is not cheap and requires special expertise and skills. Two to four years of fellowship for further training in a sub-specialty such as hematology or hematology/oncology
Hematologists research, diagnose, and treat various blood disorders, including anemia, blood clots, bleeding disorders, and blood cancers. Because blood runs through every organ and tissue in the body, hematology has an enormous ripple effect extending to all fields of medicine. Modern advances made by hematologists have help millions of people around the world, not only with blood disorders but also with heart disease, stroke, and scores of inherited diseases.
Hematologist salary is also connected to the level of education, skills and experience aside the fact that your location and employer also matters.