Employment & Workforce Data

physician salary

What is the Average Family Medicine Physician Salary?

The average annual salary for all physicians is $339,000, according to an April 2022 report from Medscape. Idaho is the highest paid state in the U.S. for family medicine physicians with a mean annual salary of $305,960, according to the U.S. Bureau of Labor Statistics. About 12.5% of all active physicians in the U.S. are …

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Financial Tips for Doctors: Budgeting, Savings, Retirement & More

Since our establishment, we have been dedicated to not only providing excellent products and services built for the needs of doctors, but also sharing financial, lifestyle and professional resources that can help you throughout your career. We’ve compiled all of our articles on common financial topics and questions into one easy-to-access resource. Managing your finances …

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This is a picture of a doctor walking through a hospital to represent job changes for doctors.

Considering a Job Change? Here’s What Doctors Should Know

Deciding to leave one job for another can be a big life change. Whether making this decision because of advancement opportunities, desire for a new location, or dissatisfaction with your current role, consider these things before you make the leap. Are doctors changing jobs?  From 2020 to 2022, 46% of physicians changed jobs, according to …

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What is the Average Dentist Salary?

According to the U.S. Bureau of Labor Statistics, the mean annual wage for dentists was $160,370 as of May 2021. Delaware is the highest paid state in the U.S. for dentists with a mean annual salary of $233,860. With a mean annual salary of $311,460, oral and maxillofacial surgery is the highest paying dental specialty. …

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This is a lawyer reviewing a contract.

How Contract Lawyers Help Doctors

Contract lawyers can be helpful if you are becoming an employee or partner of a large group or system. They can also help if you are a practice owner where complex legal agreements are common.  These experts can help you review and negotiate the complexities of an employment contract when you are considering a new …

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average veterinarian salary

What is the Average Veterinarian Salary?

Key takeaways:  The mean annual wage for veterinarians was $109,920 as of May 2021, according to the U.S. Bureau of Labor Statistics. District of Columbia is the highest paid state or district in the U.S. for veterinarians with a mean annual salary of $137,170. Veterinary ophthalmology is the highest paying veterinary specialty, with a mean …

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private practice medicine

The Changing Landscape of Medicine: Trends and Key Benefits of Private Practices

Key takeaways:  Private practice employment and ownership is declining. Owning and working for a private medical practice can allow a physician to have greater autonomy, can be more lucrative, and allows the owner to develop non-medical skills. Private practices are important to healthcare, allowing patients and providers to have more options. Most physicians are employed …

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average medical school debt

What is the Average Medical School Debt?

What is the Average Medical School Debt? Key takeaways:  The average medical student graduates with $241,600 in total student loan debt. Between 76% and 89% of medical students graduate with debt. Private colleges are generally more expensive than public institutions. It is no secret that medical school is expensive. Most physicians enter the workforce burdened …

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physician shortage

Is There a Looming Physician Shortage?

Is There a Looming Physician Shortage? Key takeaways:  Demand for physician services is expected to grow due to a growing and aging population. Supply of physicians is expected to decrease because of an aging workforce and insufficient new physicians. There will likely be a physician shortage, but the magnitude of it will vary based on …

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This is a picture of a dentist using an iPad in front of a dental chair.

Owner vs. Associate: What to Know When Considering Dental Practice Ownership

Owner vs. Associate: What to Know When Considering Dental Practice Ownership Key takeaways:  Private practice dentistry owners often receive higher pay and more benefits than associates. Dental practice ownership has decreased in the last 15 years. Dental practice ownership can be incredibly fulfilling, personally and financially. Dental practice ownership can be incredibly fulfilling and beneficial …

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