Physician Compensation Continues To Decline, Despite A Dire Shortage

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I am a physician, healthcare strategy executive, speaker, and writer, focusing on the intersections of healthcare, digital innovation, and policy. I completed an M.D./ J.D. dual-degree with distinguished honors.

of a medical education in the United States ranges around $268,000. But this figure represents just the sticker price of 4 years of medical school. Physicians have to do far beyond this, including 4 years of undergraduate studies and a minimum of 3 years of residency, the latter of which has anof only around $58,000.

Existing healthcare worker populations are mainly concentrated in large metropolitan and urban areas, leaving significant gaps in access in smaller cities and more rural areas. These areas will experience the highest burden of disparities due to these shortages, and ultimately, patients will have to bear the brunt of it. Thus, industry pundits and leaders must do everything in their power to mitigate this impending crisis.

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