14 statistics on physician expenses

Medscape released its 2018 Physician Wealth and Debt Report surveying some 20,329 physicians practicing in the U.S. to gain insight into physician spending.

Advertisement

Here are 14 statistics on what debt physicians are currently paying off.

  • 63 percent mortgage on a primary residence
  • 40 percent car loan payments
  • 32 percent medical school loans
  • 26 percent credit card debt
  • 18 percent college tuition for a child
  • 17 percent medical expenses
  • 17 percent car lease payments
  • 16 percent childcare
  • 15 percent paying for significant other’s education
  • 14 percent private school tuition
  • 13 percent mortgage on second home
  • 8 percent business loan
  • 6 percent graduate school tuition for child
  • 3 percent alimony

More articles on improving performance: 
ASC case mix: 14 statistics on Medicare vs. commercial payers
Study finds fewer adverse events after treatment at ASCs vs. HOPDs — 6 takeaways
5 things to know about McKesson Medical-Surgical

Advertisement

Next Up in ASC News

  • ASCs have taken center stage of many hospital and health systems’ growth and development strategies in recent years as they…

  • Germantown, Md.-based Capital Surgical Solutions plans to open a new ASC in Portland, Ore., in the fourth quarter of 2026,…

  • Rising volumes and strong demand have masked some of the biggest vulnerabilities facing ASCs.  Six ASC leaders joined Becker’s to…

Advertisement

Comments are closed.