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.
Legal + Compensation
The average revenue earned by physicians and advanced practice providers via treating patients is on the rise, according to data from Kaufman Hall.
The Biden administration has proposed an action plan focusing on the improvement of health services in rural communities and assisting rural healthcare providers to stay open.
CMS will cut overall physician pay by 1.25% in 2023, according to its 2024 Physician Fee Schedule Final Rule released Nov. 2.
Failure to diagnose or delayed diagnosis is the most common reason for malpractice lawsuits, according to Medscape's "Physicians and Malpractice Report 2023."
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Pacific Coast states like California, Oregon and Hawaii are the highest paying for female physicians, according to a recent Medscape survey.
General surgeons are the most frequently sued specialists, according to Medscape's 2023 "Physician and Malpractice Report."
Seventy-two percent of physicians in Louisiana have faced malpractice suits, according to Medscape's "Physicians and Malpractice Report 2023."
Three congressmen have sent a letter to CMS Administrator Chiquita Brooks-LaSure urging action to address the physician shortage nationwide.
Fifty-four percent of physicians believe that better communication and rapport with patients can help discourage malpractice lawsuits, according to Medscape's "Physicians and Malpractice Report 2023."