Medscape June 19, 2024
Net worth among physicians is incrementally increasing, with 60% of physicians earning over $1 million annually in 2023, up 1% from the year before. The hike is part of an upwards trend, with an overall 19% increase since 2018.
Medscape’s 2024 Physician Wealth and Debt Report analyzed survey data from 7000 practicing physicians who were recruited between October 2023 and January 2024. The respondents belonged to more than 29 specialties and were composed of almost 60% of women.
Roughly one third of urologists, gastroenterologists, and radiologists all reported a net worth of over $5 million, making these specialists the leaders in wealth out of all specialties. Only 9% of family medicine practitioners and 6% of psychiatrists reached this level, making...
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