Eighteen percent of physicians have a mortgage of more than $500,000, according to Medscape's "Physician Wealth & Debt Report 2023," which was published June 9.
ASC News
From the most expensive universities to the top-ranked in several specialties, here are eight things to know about medical school in 2023:
Tustin, Calif.-based physician Dzung Ahn Pham, MD, was sentenced to 151 months in prison for illegally distributing opioids to patients he knew were addicts, the Justice Department said June 9.
El Paso, Texas County commissioners are considering the approval of a $55 million revenue bond for the El Paso County Hospital District's University Medical Center Surgical Hospital, according to a June 12 report from KFOX14.
About 26 percent of plastic surgeons live in a home that is over 5,000 square feet, the most of any specialty, according to Medscape's "Physician Wealth and Debt Report 2023."
Advertisement
More than 70 percent of physicians have not made any changes to cut down on their major expenses, according to Medscape's "Physician Wealth & Debt Report 2023."
About 31 percent of emergency medicine specialists are still paying off student loans, the most of any specialty, according to Medscape's 2023 "Physician Wealth and Debt Report."
Thirty-six percent of physicians experienced financial losses in bad investments or the stock market, according to Medscape's "Physician Wealth & Debt Report 2023."
Greenwood Village, Colo.-based psychiatrist Howard Weiss, MD, has been sentenced to six months in prison and must pay nearly $1 million for illegal controlled substance distribution.
Sixty-one percent of physicians are paying off their primary residence's mortgage, according to Medscape's "Physician Wealth & Debt Report 2023."