Physician wealth update: 8 things to know from this year

From cost-cutting tactics to the richest physicians, here are eight physician wealth updates Becker’s has reported on this year. 

Advertisement

1. Ninety-four percent of physicians live at or below their means. 

2. Physicians use cost-cutting tactics including bringing their own lunches to work and doing their own home repairs. 

3. The 10 richest Americans in healthcare have a cumulative net worth of $64.1 billion. 

4. Four physicians detailed the worst investment they made in 2021. 

5. Thirty-eight percent of infectious disease physicians have a net worth under $500,000. 

6. Twenty-six percent of plastic surgeons have a net worth over $5 million. 

7. Cardiology has the highest hourly pay. 

8. Thomas Frist Jr., MD, is the wealthiest physician in the U.S., with a net worth of $17 billion. 

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.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.