Where physicians took financial hits

Thirty-six percent of physicians experienced financial losses in bad investments or the stock market, according to Medscape’s “Physician Wealth & Debt Report 2023.”

Advertisement

The report surveyed 10,011 physicians across more than 29 specialties about their income, net worth, and more from Oct. 7 to Jan. 17.

Here is where physicians saw financial losses:

In bad investments or the stock market: 36 percent 

Practice issues (such as business problems, reimbursement changes, change in practice setting): 11 percent 

In real estate: 4 percent 

Job loss (myself or significant other/partner): 4 percent 

In a divorce: 3 percent 

In legal fees or a lawsuit: 3 percent 

Other: 5 percent 

Have not experienced any significant financial losses in the past year: 48 percent

Advertisement

Next Up in ASC News

  • Becker’s reported on 39 hospital mergers and acquisitions in 2025, ranging from rural hospital partnerships to massive, multi-state system expansions. …

  • Brewer, Maine-based Northern Light Health will close its primary care practice in Castine on Feb. 27, citing staffing challenges, declining…

  • The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

Advertisement

Comments are closed.