14% of orthopedists report practice issues negatively impacted their net worth in 2015 — 10 statistics

Here are the top 10 specialties in which physicians reported suffering a negative impact to their net worth due to practice issues, according to the Medscape Physician Debt and Net Worth Report 2016.

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1. Nephrology — 18 percent
2. Plastic surgery — 18 percent
3. Urology — 15 percent
4. Ophthalmology — 15 percent
5. Orthopedics — 14 percent
6. OB-GYN — 14 percent
7. Neurology — 14 percent
8. Gastroenterology — 13 percent
9. Radiology — 12 percent
10. General surgery — 12 percent

 
Note: Practice issues could include anything from purchasing a new piece of equipment that went unused, to employee embezzlement, to negative changes in insurance reimbursement.

 

More articles on practice management:
Walgreens curbs drug abuse in California — 4 notes
3 quick facts on Texas City Orthopedics’ updated website
How to integrate predictive analytics into a practice — 4 suggestions

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