Physician Incomes are Falling

Written by Reed Tinsley | June 27, 2006

I have preached and preached about the need for physicians to strategically plan their futures – there are just too many pressures today impacting practice net incomes. Here is proof from an article posted at www.healthleadersmedia.com:

Doctors’ pay falling
Doctors may be well off compared with the bulk of their patients, but a new study says fees physicians get from the government and private insurers aren’t keeping up with inflation. The Center for Studying Health System Change said net incomes for physicians fell from an average of $180,930 in 1995 to $168,122 in 2003, a decline of about 7 percent, when adjusted for inflation.
The Tennessean – June 27, 2006

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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