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How 740 self-employed physicians feel about their income (Becker’s)

Over half of self-employed physicians are satisfied with their income, according to Medcape’s 2022 “Self-Employed Physicians Report.”

The report surveyed over 740 self-employed physicians.

It found that 19 percent of self-employed physicians are very satisfied with their incomes, while 46 percent are satisfied.

Twenty-one percent feel neutral about their incomes, and 10 percent are unsatisfied. Just 3 percent are very unsatisfied.

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Registration Opens for Texas Pain Society Annual Meeting

Stop by our Harlee Medical booth for the latest information on new and refurbished C-arms from GE OEC.

The TEXAS PAIN SOCIETY’s annual meeting will be held at the Kalahari Resorts (a great place!), in Round Rock, Texas, on October 28-30.

Learn more and register online at:

https://www.texaspain.org/annual-scientific-meeting

Most Popular Medical, Non-Medical Side Gigs for Physicians (Becker’s)

Do you have a side hustle? According to Physician Extra Income report from Medscape, 37-Percent of Physicians have a side gig.

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Thirteen most popular medical side gigs:

1. Medical consulting

2. Expert witness

3. Chart reviewing

4. Medical moonlighting

5. Speaking

6. Telemedicine

7. Medical device development

8. Healthcare startup development

9. Medical spa work

10. Medical podcasting/blogging

11. EMR training

12. Tutoring

13. Mental health counseling

Thirteen most popular non-medical side gigs: 

1. Real estate

2. Investing

3. Consulting

4. Teaching

5. Writing

6. Sports

7. Business consulting

8. Social media influencer

9. Cooking

10. Arts and crafts

11. Playing music

12. Life/career coaching

13. Photography

Richest Physician in USA Worth $17 Billion (Becker’s)

A physician with a net worth of $17 billion made Forbes 2022 list of the 400 wealthiest Americans, based on data from September 2022.

Thomas Frist Jr., MD, co-founded Nashville, Tenn.-based HCA Healthcare in 1968 with his father Thomas Frist Sr., MD, a cardiologist and internist, and Jack Mackey, an investor who owned Kentucky Fried Chicken, according to Bloomberg. Dr. Frist now owns more than 20 percent of the company.

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Nursing Compensation 2022 (Becker’s)

As the workforce becomes older and more nurses are retiring, about 203,000 new nurses will be needed every year through 2031 to fill the gap, according to the U.S. Bureau of Labor Statistics. Since the start of the pandemic, nursing compensation has increased, with the mean annual wage for registered nurses at $82,750 as of May 2021.

The following statistics provide a view of nursing compensation.

Note: Several data sources were used to compile this report. 

RN mean annual wage for all 50 states

What employed physicians like least about their job (Becker’s)

From Becker’s, Medscape surveyed more than 1,350 physicians employed by healthcare organizations, hospitals, large group practices, clinics or other medical groups about their jobs.

Here is why surveyed physicians dislike being employed:

  • Less autonomy: 48 percent
  • More workplace rules: 34 percent
  • Less income potential: 33 percent
  • Mandatory performance targets: 24 percent
  • Lack of job security: 7 percent
  • Not as productive as I would like: 6 percent

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The Texas Pain Society’s Annual Scientific Meeting – Oct 28-30, 2022 in Round Rock, TX

Come see us at the Texas Pain Society’s Annual Scientific Meeting October 28-30th at the Kalahari Resort in Round Rock, Texas.

The Texas Pain Society’s Annual Scientific Meeting is the premier educational conference for pain management physicians in Texas. Each year over 250 physicians attend this one-of-a-kind event.

Click here for Registration and Event Information!

10 states with the most new ASCs since 2020 — 2 states tied for No. 1 (Becker’s)

The number of ASCs is growing across the U.S. as patients and payers demand more outpatient surgery.

Five states have seen their ASC counts grow by at least 10 percent since 2020, according to CMS data compiled by the Ambulatory Surgery Center Association. Texas and California lead the pack, each with 32 ASCs added since 2020.

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