Medscape surveyed more than 4,300 physicians about their malpractice coverage and how they feel about it.
Three insights:
1. Annual malpractice premium cost
Specialists: $21,000
Primary care physicians: $12,000
2. Premiums for selected specialties
OB-GYN and women’s health: $46,000
Specialized surgery: $34,000
Radiology: $21,000
Anesthesiology: $15,000
Internal medicine: $14,000
Family medicine: $10,000
Psychiatry: $5,000
3. Specialists who believe their premiums are reasonable
Psychiatry: 73 percent
Oncology: 67 percent
Anesthesiology: 65 percent
Radiology: 54 percent
Internal medicine: 53 percent
Pediatrics: 52 percent
Urology: 51 percent
Dermatology: 50 percent
ENT: 49 percent
Orthopedic surgery: 49 percent
Gastroenterology: 48 percent
Specialized surgery: 47 percent
Cardiology: 46 percent
Family medicine: 46 percent
Emergency medicine: 39 percent
Neurology: 36 percent
General surgery: 36 percent
OB-GYN and women’s health: 34 percent
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.