According to the 2010 Physician Compensation Survey by Physicians Practice, fully half of solo docs say their incomes declined this year — and of this half, about 70 percent saw big declines of at least 10 percent. Yet while solo docs seem to be struggling most profoundly, financial hardships were hardly limited to the little guys.
In short, the compensation survey of nearly 1,000 physicians found that it’s been a tough year almost regardless of specialty, practice type, location, or size.
How is your own income stacking up with your peers? Are you coping with the double whammy of the Great Recession and healthcare’s long-term business challenges any better than your colleagues?