The survey, published June 3, shows the number of physicians with secondary income increased 3 percent year over year, and 17 percent said their second income came from nonmedical work. The average amount of secondary income varied; pediatric physicians reported the highest secondary income at $62,000 while OB-GYN reported the lowest at $38,000.
The 10 top most common sources of secondary income were:
1. Consulting
2. Nonmedical work
3. Expert witness
4. Clinical work
5. Medical administrator
6. Speaking
7. Clinical trials and research
8. Emergency department and urgent care work
9. Nonemergency department hospital work
10. Hospice
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.