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Can we close the income and wealth gap between specialists and primary care physicians?

Publication ,  Journal Article
Vaughn, BT; DeVrieze, SR; Reed, SD; Schulman, KA
Published in: Health Aff (Millwood)
May 2010

Over their lifetimes, primary care physicians earn lower incomes--and accumulate considerably less wealth--than their specialist counterparts. This gap influences medical students, who are choosing careers in primary care in declining numbers. We estimated career wealth accumulation across specialists, primary care physicians, physician assistants, business school graduates, and college graduates. We then compared specialists, represented by cardiologists, to primary care physicians in four scenarios. The wealth gap is substantial; narrowing it would require substantial reductions in specialists' practice income or increases in primary care physicians' practice income, or both, of more than $100,000 a year. Current proposals for increasing primary care physician supply would do little to lessen these differences.

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Published In

Health Aff (Millwood)

DOI

EISSN

1544-5208

Publication Date

May 2010

Volume

29

Issue

5

Start / End Page

933 / 940

Location

United States

Related Subject Headings

  • Young Adult
  • United States
  • Specialization
  • Physicians, Primary Care
  • Physician Assistants
  • Middle Aged
  • Income
  • Humans
  • Health Policy & Services
  • Education, Medical
 

Citation

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Vaughn, B. T., DeVrieze, S. R., Reed, S. D., & Schulman, K. A. (2010). Can we close the income and wealth gap between specialists and primary care physicians? Health Aff (Millwood), 29(5), 933–940. https://doi.org/10.1377/hlthaff.2009.0675
Vaughn, Bryan T., Steven R. DeVrieze, Shelby D. Reed, and Kevin A. Schulman. “Can we close the income and wealth gap between specialists and primary care physicians?Health Aff (Millwood) 29, no. 5 (May 2010): 933–40. https://doi.org/10.1377/hlthaff.2009.0675.
Vaughn BT, DeVrieze SR, Reed SD, Schulman KA. Can we close the income and wealth gap between specialists and primary care physicians? Health Aff (Millwood). 2010 May;29(5):933–40.
Vaughn, Bryan T., et al. “Can we close the income and wealth gap between specialists and primary care physicians?Health Aff (Millwood), vol. 29, no. 5, May 2010, pp. 933–40. Pubmed, doi:10.1377/hlthaff.2009.0675.
Vaughn BT, DeVrieze SR, Reed SD, Schulman KA. Can we close the income and wealth gap between specialists and primary care physicians? Health Aff (Millwood). 2010 May;29(5):933–940.

Published In

Health Aff (Millwood)

DOI

EISSN

1544-5208

Publication Date

May 2010

Volume

29

Issue

5

Start / End Page

933 / 940

Location

United States

Related Subject Headings

  • Young Adult
  • United States
  • Specialization
  • Physicians, Primary Care
  • Physician Assistants
  • Middle Aged
  • Income
  • Humans
  • Health Policy & Services
  • Education, Medical