More than 70 percent of physicians have not made any changes to cut down on their major expenses, according to Medscape’s “Physician Wealth & Debt Report 2023.”
About 31 percent of emergency medicine specialists are still paying off student loans, the most of any specialty, according to Medscape’s 2023 “Physician Wealth and Debt Report.”
Thirty-six percent of physicians experienced financial losses in bad investments or the stock market, according to Medscape’s “Physician Wealth & Debt Report 2023.”
Greenwood Village, Colo.-based psychiatrist Howard Weiss, MD, has been sentenced to six months in prison and must pay nearly $1 million for illegal controlled substance distribution.
Family medicine is the specialty with the most physicians reporting a net worth under $500,000, according to Medscape’s “Physician Wealth & Debt Report 2023.”
Plastic surgery is the specialty with the most physicians reporting a net worth exceeding $5 million, according to Medscape’s “Physician Wealth & Debt Report 2023.”
Former Cigna executive Amy Bricker has been barred by a federal judge from working for CVS Health while a lawsuit over her noncompete clause moves forward.