Under half of physicians (38%) are currently involved in an entrepreneurial venture, or are considering one, outside of their traditional work, according to Medscape’s 2025 “‘I Get to Be Creative Again — That’s the Juice’: Medscape Physicians as Entrepreneurs Report 2025,” report, published June 13.
Here are six things to know about physicians’ entrepreneurial ventures:
1. Over half of physicians who are involved in entrepreneurial ventures, 53%, are involved ventures outside of the medical field.
2. Nearly half of physicians with entrepreneurial ventures plan to (25%), or are considering (33%), leaving medicine for their new business.
3. Nearly half of physicians with entrepreneurial ventures (40%) serve as either sole proprietor or executive leader of the project.
4. Over half of physicians are at least somewhat confident that their ventures will succeed. While just 14% are very confident, an additional 35% are confident and 34% are somewhat confident.
5. Over half of physicians (59%) anticipate profitability in their venture within three years.
6. Over half of physicians (57%) plan to eventually sell off their venture.
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.