Nearly half of young orthopedic physicians carry student debt: 5 notes

Orthopedic

Almost half of orthopedic physicians under 40 have student debt, according to Medscape's "Young Physician Compensation Report 2022."

Medscape surveyed 2,000 physicians under 40 from Oct. 5 to Jan. 19 about their salary, incentives and other metrics.

Five things to know:

1. Forty-eight percent of young orthopedic surgeons carry student debt. Specialties with the highest amount of young physicians in debt are otolaryngology (67 percent), general surgery (67 percent), family medicine (62 percent) and critical care (62 percent)

2. Young specialists earned an average salary of $324,00

3. Young physicians overall earned an average salary of $293,000 in 2022. This is up from $272,000 in 2021

4. Overall, young physicians in office-based single-specialty group practices earned the most with an average salary of $327,000. Young hospital-employed physicians earned $293,000, and outpatient clinic physicians earned $228,000

5. Young male physicians on average earn 37 percent more than young female physicians. Young male physicians on average earned $337,000 while young female physicians earned $246,000.

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