Financial Literacy for Physicians: What Residency Never Taught You About Taxes, Insurance, and Your First Attending Paycheck
Medical school teaches you to diagnose heart failure and manage sepsis, but nobody explains disability insurance riders or why your first attending paycheck might leave you cash-strapped for three months. Here’s the financial education gap filled—from HSA vs. Roth decisions on a $60K salary to why proceduralists need own-occupation coverage and when term life actually makes sense.
Physician Pay Outpaces Revenue: Health Systems Near Breaking Point
New data reveals physician compensation rose 4.3% in 2025 while reimbursements remained flat, creating an unsustainable gap forcing health systems toward hiring slowdowns and compensation restructuring. This divergence signals a coming recalibration of physician earning power and negotiating leverage across specialties.