Friday, June 23, 2006

Physicians Lose Ground in Real Income Between 1995 and 2003

By adding additional automation to medical practices, physicians stand a better chance of reducing the rate of decline in their incomes. Automation eventually leads to lower expenses which can either be used to increase one's income or reduce the length of one's work week.SV

"Primary Care Physicians Fare the Worst, Seeing Real Income Decline by 10.2 Percent.
WASHINGTON, DC—In sharp contrast to other professionals, physicians' net income from the practice of medicine declined about 7 percent between 1995 and 2003 after adjusting for inflation, according to a national study released today by the Center for Studying Health System Change (HSC)."

Center for Studying Health System Change

No comments: