NEWS YOU CAN USE: Doc $s Brought Home

September 16, 2008
Physician's Money Digest, January15 2003, Volume 10, Issue 1

It's not what you make, it's what you keep," is an old but accurate business adage. According to a recent compensation survey of nearly 3000 US medical practices, it has a great bearing on today's practicing physicians. While their pay seems to be handsome in many regards, when you consider the annual cost of office expenses (which averages about 58% of total receipts for primary care doctors) it remains clear that financial times for doctors are hard. Following is a breakdown for several specialties: