As physician burnout continues to be a major issue in the healthcare industry, many hospitals are taking steps to encourage wellness among their physicians. Such programs are a worthwhile enterprise, as a single physician turnover is estimated to cost a hospital anywhere between $250,000 and $...
In the past five years, the total compensation of primary care physicians increased by more than 10%, nearly double that of specialty physicians, according to data released by the Medical Group Management Association (MGMA).
Many of the best states for physicians are located in the Midwest, according to an analysis by personal finance website WalletHub. South Dakota was ranked as the best state for physicians, followed by Nebraska, Idaho, Iowa, and Minnesota. New Jersey was ranked as the worst state, followed by New...
The increasing trend toward direct employment of physicians by hospitals may seem to be shifting power from physicians to hospitals; however, in the words of Lawrence Peter “Yogi” Berra, “it ain’t over till it’s over.”
A Moody’s report on hospital financial trends pointed out that while...
Back in December 2017, CVS Health announced its intentions to buy out Aetna insurance for $69 billion. More recently, according to Forbes, the Department...
"We as a society are accepting of how much money CEOs, celebrities, athletes, lawyers, and hedge fund managers make, but hold it against physicians...Think about how much misinformation there is out there about the drivers behind increasing healthcare costs, average physician salaries, and how [...