2018’s Best & Worst States for Doctors
From WalletHub, March 27, 2018
Doctors are among the highest-paid and most educated professionals in the U.S. Just consider the fact that “physician” is the most popular profession within the top 1 percent of earners. And the high salary average makes sense, given the importance of their life-saving work and the struggles that come with life in the medical profession.
But doctors don’t always start out wealthy. The average medical-school graduate left campus with more than $190,000 of debt in 2017. The medical profession has also been undergoing intense transformation in recent years. Health-care reform, the rise of branded hospital networks and the retirement of Baby Boomers are all complicating the lives of doctors.
But working conditions for doctors aren’t the same everywhere in the U.S. In order to help doctors decide where to practice, WalletHub compared the 50 states and the District of Columbia across 16 key metrics. Their data set ranges from average annual wage of physicians to hospitals per capita to quality of public hospital system….
Hawaii
- 48 -- Overall Rank (1=Best)
- 43.25 -- Total Score
- 50 -- ‘Opportunity & Competition’ Rank
- 30 -- ‘Medical Environment’ Rank
- 50 – Avg Annual Wage for Physicians
- 5 – Least Punitive Medical Boards
read… Full Report
SOR: New studies name Hawaii among worst for doctors, best for affordable care
Hawaii was ranked below average for the majority of the categories:
- Insured population rate: 2nd
- Punitiveness of state medical board: 5th
- Projected competition: 11th
- Projected share of elderly population: 13th
- Hospitals per capita: 20th
- Employer-based insurance rate: 27th
- Malpractice award payout amount per capita: 29th
- Current competition: 30th
- Presence of Interstate Medical Licensure Compact law: 31st
- Share of medical residents retained: 35th
- Number of CME credits required: 36th
- Quality of public hospital system: 40th
- Physician assistants per capita: 46th
- Physicians’ average annual wage: 50th
- Physicians’ average monthly starting salary: 51st
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