2022 Physician Report: Practice finances recovered after COVID-19 downturn

More practices said their finances improved in the last year as medical practices stabilized after the COVID-19 pandemic and shutdown, according to the 2022 Physician Report.

More than 70% of practices said their finances improved or remained the same. A year ago, during the height of the pandemic, 46% of physician respondents said their practice finances got worse.

Physicians also detailed in their answer the reasons why their practice finances either got better or worsened. See the slideshow above for the full data.

More data available

The full results can be viewed here (free registration required to access the data). It covers the most recent physician data on:

• Practice finances
• Physician salaries
• Top issues facing physicians
• Practice ownership
• COVID-19 impact
• Student debt
• Physician productivity
• Medical lifestyle
• Malpractice insurance costs
• Most popular sources of secondary income for physicians
• Most popular ancillary services provided by physician practices
• About the survey respondents

About the survey

Medical Economics® is proud to present the 2022 Physician Report, the 93rd year of this survey of doctors. Our in-depth survey presents exclusive data collected from our physician audience on salaries, productivity, malpractice rates, the state of the profession and much more. The survey was conducted by HRA®, a full-service health care market research agency and a brand of MJH Life Sciences®. Data were collected from physicians who responded to email invitations during the first quarter of 2022.