Advertisement

Legal + Compensation

Physicians in Massachusetts, the best state to live in according to personal finance site WalletHub, make an average annual wage of $223,200.

Four physician leaders connected with Becker's to discuss where physicians are losing money right now. 

The median compensation earned by physicians in the third quarter was $358,753, up $7,253 compared to the same period last year, according to data from Kaufman Hall.

Advertisement

CMS will cut overall physician pay by 1.25% in 2023, according to its 2024 Physician Fee Schedule Final Rule released Nov. 2. 

Advertisement