29%: The decline in Medicare physician payment since 2001, when adjusted for inflation, according to the American Medical Association.
91%: The increase in costs of attending medical school over the last 22 years, adjusted for inflation.
$250,000: The amount of medical school debt carried by 32% of physicians in 2024.
64%: The percentage of medical school residents who said their compensation did not reflect their cost of living in Medscape’s 2023 resident salary and debt report.
3.4%: The increase in inflation in the last year, according to data from the Bureau of Labor Statistics. This means that physicians in the 13 specialties who saw pay increases of less than 3.4% essentially received pay cuts compared to their salaries last year.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.