How physicians are reducing expenses

Sixteen percent of physicians have deferred or refinanced loans to reduce their big expenses, according to Medscape’s 2022 “Physician Wealth & Debt Report.”

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Medscape surveyed more than 13,000 physicians in more than 29 specialties about their compensation. 

Here’s how surveyed physicians reduced their big expenses:

  • Deferred or refinanced loans: 16 percent
  • Moved to a different home: 6 percent
  • Changed to a different car: 5 percent
  • Moved my child(ren) to a different school: 2 percent
  • Other: 7 percent
  • I have not done anything major to reduce major expenses: 70 percent

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 5 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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