Thirty six-percent of physicians earned income from an employment source outside their practice in 2023, up from 34% the year prior, according to Medical Economics' 2024 Physician Report published Aug. 14.
Medical Economics collected data from its physician audience on salaries, productivity, malpractice rates and the state of the profession. Data covers 2023 and was collected from physicians who responded to email invitations during the first and second quarter of 2024.
Here are the top 10 sources of secondary income for physicians:
- Consulting
- Medical administrator
- Clinic work
- Teaching
- Expert witness
- Market research
- Hospice
- Hospital, not emergency department
- Clinical trials/research
- Speaking