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From a physician's perspective, dermatology is the specialty that has it all-reasonable practice hours, little call, and rapidly rising compensation levels. In fact, compensation grew more for dermatologists in the past five years than for any other specialty, climbing 30% between 2002 and 2006, according to the MGMA 2007 Physician Compensation and Production Survey. Dermatology isn't the top-paying specialty, but it's getting there. In 2002, median compensation levels were roughly $270,000, but by 2006, dermatologists were averaging nearly $100,000 more.