Male physicians have more net worth than female counterparts
Healthcare Finance News December 19, 2024
Structural wealth gaps between male and female physicians will likely not show improvement for several years, Medscape says.
Wealth and earnings disparities between men and women are nothing new, but a new report from Medscape shows the extent to which this is true in healthcare, showing that 66% of male physicians had a family net worth of more than $1 million last year – compared to just 50% of female physicians.
According to the report, that’s a gender wealth gap of about 32% favoring men – roughly the same as the 29% difference in average compensation for full-time physicians.
Childcare has an effect on this statistic, with the report noting disparities in who bears the expense of outside childcare, as...