Survey: 6% of Physicians Unsure of Continuing Practice Due to Dissatisfaction With Compensation

Six percent of physicians reported they were dissatisfied with their 2010 compensation to the point that they are unsure if practicing medicine is worth continuing, according to the 2011 Physician Compensation Survey by The Medicus Firm.

The survey included 2,339 physicians in addition to nurse practitioners and physician assistants.

Other key findings from the survey include the following:

•    61 percent of physicians were dissatisfied to some extent with their income for 2010.
•    35 percent of respondents were satisfied with their 2010 income.
•    2 percent of respondents said their 2010 income exceeded their expectations.
•    The average change in compensation between 2009 and 2010 was negative (0.14) across all 19 physician specialties surveyed compared to positive 4.9 percent from 2008-2009.
•    Psychiatrists and emergency medicine physicians reported the largest income growth based on percentage increase.

Related Articles on Physician Compensation:

Invasive Cardiologists Have Highest Average Income Offers

Physicians' Medicare Payments May be Cut 29.4%

Physicians Report Mixed Movement in Compensation in 2010

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