Physician Income Drops 7% in Eight Years

U.S. physicians' net income dropped by 7 percent from 1995 through 2003 when adjusted for inflation, according to a new report from the Center for Studying Health System Change. Primary care physicians (-10.2 percent) fared the worst, although surgeons (-8.2 percent) and medical specialists (-2.1 percent) also lost real income.

The doctors' decline stands in stark contrast to the real income for other professional, specialty and technical workers, who saw a net 7-percent increase over the same period.

Even more disturbing from a public policy perspective, the center reported, "The downward trend in real incomes since the mid-1990s likely is an important reason for growing physician unwillingness to undertake pro bono work, including charity care and volunteering to serve on hospital committees."

Read the full Center for Studying Health Systems Change report.

Read the New York Times article on the report.

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Published in: on June 22, 2006 at 2:23 pm  Leave a Comment  

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