Many Physicians Report Their Incomes Have Plateaued

Share this content:
Many Physicians Report Their Incomes Have Plateaued
Many Physicians Report Their Incomes Have Plateaued

(HealthDay News) -- Many physicians report that their personal income has not changed since last year, according to the results of the Physicians Practice 2014 Physicians Compensation Survey.

Researchers surveyed 1,338 physicians, of whom 30.3 percent were in solo practices, 39.7 percent were in group practices with two to nine physicians, and the rest were in group practices with more than 10 physicians.

According to the report, 42 percent of respondents reported that their personal income was about the same as last year, 16.4 percent reported that it was down by more than 10 percent, and 10.3 percent reported that it was up by more than 10 percent. About half of respondents reported that their net income from practice was slightly (31.7 percent) or highly (19.1 percent) disappointing.

The survey found that steps to boost practice revenue included increasing the number of patients seen per day (33.3 percent), taking on work outside the practice (29.2 percent), and adding ancillary services (23.2 percent). About one-third of respondents report that their practice's financial viability is likely to be robust over the next one to three years (32.3 percent), while 35.2 percent feel that their practice's financial viability is mixed, and 23 percent feel they will have to work harder to maintain income.

More Information

Share this content:

is free, fast, and customized just for you!




Already a member?

Sign In Now »

Drug Lookup

Browse drugs by: BrandGenericDisease

Trending Activities

All Professions



Sign up for myCME e-newsletters




More in Home

Congress Approves Bill Expanding Private Care for VA Patients

Congress Approves Bill Expanding Private Care for VA ...

New bill would open up access to private doctors for veterans

AAP Recommending Injectable Flu Shot for 2018-19 Flu Season

AAP Recommending Injectable Flu Shot for 2018-19 Flu ...

Children should receive injectable vaccine, which has been shown to be more consistently effective

Neurologists Identify New Type of Vertigo

Neurologists Identify New Type of Vertigo

Long-term prognosis favorable, with improvement of symptoms in more than half of patients