Self-employed physicians make more than employed physicians in Massachusetts: 4 statistics

Medscape released the Massachusetts Physician Compensation 2018 report.

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Medscape surveyed 20,239 respondents across more than 29 specialties to compile its responses. Respondents were required to be practicing in the U.S.

Here are four key details to know:

1. Specialists in Massachusetts had overall salaries of $291,000, compared to $203,000 for primary care physicians.

2. Physicians who are self-employed made more than those who are employed by a health system. Self-employed physicians made $375,000, while employed physicians made $244,000.

3. More than half of physicians in Massachusetts felt fairly compensated; 55 percent were satisfied with their pay.

4. Physicians’ net worth in Massachusetts was about the same as physicians nationally — 65 percent of Massachusetts physicians had a net worth between $1 million and $5 million, compared to 62 percent nationally.

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