28% of physicians’ income has dropped in the last year 

Twenty-eight percent of physicians have reported a drop in income in the last year, according to the Physicians Foundation’s “2022 Survey of America’s Physicians,” released Nov. 15. 

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The Physicians Foundation surveyed 1,501 physicians from Sept. 28 to Oct. 7. 

Here’s what surveyed physicians have experienced in the past year:

  • Reduced staff: 29 percent
  • A reduction in income: 28 percent 
  • An increase in income: 25 percent
  • Reduced work hours: 21 percent
  • New employment situations or practice: 19 percent
  • Increased staff: 15 percent
  • A Switch to a primarily telemedicine practice: 5 percent
  • A move from a direct clinical role to a non-clinical role: 3 percent
  • Retirement: 2 percent
  • A move from a permanent practice to locum tenens: 2 percent
  • Closure of practice: 1 percent
  • Other: 1 percent
  • None of the above: 17 percent

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