24% of providers anticipate income decrease in 2020 — 5 statistics

Roughly one-fourth of providers expect their income to "decrease somewhat" this year compared to what it was in 2019, according to The Medicus Firm's "2020 Practice Preference & Relocation Survey."

The Medicus Firm, a national physician search company, collected survey responses from 2,464 providers in its proprietary physician database and American Medical Association data in June and July.

Of the roughly 66.7 percent of respondents who provided demographic information, about 67 percent held MDs, and 11.5 percent had DOs. Nearly 6 percent were physician assistants, and 15.5 percent were nurse practitioners.

How providers expect income to change in 2020:

1. Remain flat/approximately the same: 35.7 percent
2. Increase somewhat: 16.9 percent
3. Increase substantially: 5.7 percent
4. Decrease substantially: 16.4 percent
5. Decrease somewhat: 24.2 percent

More articles on specialty practice:
3 ASC developments worth over $10M
7 critical steps for financial success in your ASC
10 most common procedures in ASCs

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers