As of July 01, 2026, the average salary for a Physician - Hematology/Oncology in Baltimore, MD is $364,022 per year, which breaks down to an hourly rate of $175.
However, a Physician - Hematology/Oncology's salary can vary significantly. Here’s a look at the typical salary range:
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A Physician - Hematology/Oncology's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Physician - Hematology/Oncology's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Physician - Hematology/Oncology | $355,205 |
| Intermediate Level Physician - Hematology/Oncology | $356,837 |
| Senior Level Physician - Hematology/Oncology | $358,470 |
| Specialist Level Physician - Hematology/Oncology | $360,756 |
| Expert Level Physician - Hematology/Oncology | $366,809 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 4.24% |
| Oncology | 4.36% |
| Critical Care | 2.95% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Clinical Care
|
$378,582 |
4%
|
|
Initiative
|
$374,942 |
3%
|
|
Innovation
|
$371,302 |
2%
|
|
Confidentiality
|
$371,302 |
2%
|
|
Hematology
|
$371,302 |
2%
|
|
Acute Care
|
$371,302 |
2%
|
Physician - Hematology/Oncology salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $409,480. While startup companies pay approximate $347,696.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $347,696 |
| Growth Stage | 51~500 | $367,354 |
| Established | 501~5000 | $395,799 |
| Enterprise | 5000+ | $409,480 |
For Physician - Hematology/Oncology roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Biotechnology sectors offer the strongest compensation, at 50% above the average. In contrast, Physician - Hematology/Oncology positions in Pharmaceuticals or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Physician - Hematology/Oncology as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $546,032 | $263.0 | 50% |
| Biotechnology | $473,228 | $228.0 | 30% |
Understanding how a Physician - Hematology/Oncology's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Ready to take the next step in your career? Browse thousands of current Physician - Hematology/Oncology job openings on our job board. Use the search bar below to find your perfect match.
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