10 things to know about self-employed physicians

The majority of self-employed physicians say their favorite thing about the job is having lots of autonomy, according to Medscape’s newest “Self-Employed Physicians Report,” which surveyed over 740 physicians across the country. 

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Ten things to know about self-employed physicians: 

1. Sixty-four percent of self-employed physicians say the best part of their job is the autonomy. 

2. A plurality (28 percent) say the worst part of their job is managing staff.

3. Ninety-three percent believe they have unique advantages over employed physicians. 

4. Eighty-one percent said their practices feel financially secure. 

5. Sixty-five percent of self-employed physicians are either satisfied or very satisfied with their incomes. 

6. Fifty-three percent are concerned or very concerned that uncontrollable events will affect their income. 

7. Eighty-one percent said that their hours are generally predictable. 

8. Almost half (49 percent) believe that their work-life balance is better than employed physicians. 

9. Only 33 percent believe that their administrative duties are too much to handle. 

10. Twenty-five percent of self-employed physicians questioned their career choice during COVID-19. 

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