- Almost 40% of primary care physicians and most pediatricians make less than $150,000 a year.
- The majority (60%) pay between $15,000 and $30,000 annually for malpractice insurance.
- These physicians have taken steps to boost their revenues, including taking on work outside their practice.
- Almost a third of those surveyed describe their practice's viability as "shaky," and report that they are working harder just to maintain their income. Another third say they practice is not growing significantly.
- Almost 21% of primary care physicians reported that their income was down by more than 10 percent in 2012, compared to 2011. Another 16% reported income drops of less than 10%.
- Fewer physicians than ever report being owners or partners of their own practices, as hospitals and health systems continue to seek market share through direct employment and practice ownership and smaller group practices consolidate.
Income Down Among A Significant Minority Of Primary Care Physicians
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