According to the report, lower-paying metro areas often have older healthcare infrastructures and declining populations. Because of this, some physicians may be moving to other cities around the country for higher pay and improved housing costs, particular in mid-sized cities in Florida, Texas, and the Midwest.

With the COVID-19 pandemic leading to higher workloads, 68% of physicians said they were burned out, and 53% said they felt angry or anxious. In addition, 38% of physicians said they wanted to retire in the next year.

However, despite these increased workloads, many physicians said they still find their work rewarding. Overall, 73% of physicians would choose to work in medicine again if given the opportunity.

Notably, 99% of dermatologists and 97% of orthopedic surgeons were satisfied with their choice of specialty, whereas roughly two-thirds of physicians in internal medicine and family medicine would choose the same specialty again.

When asked about what they found most rewarding about their jobs, physicians said gratitude and relationships with patients (27%), finding answers and making diagnoses (25%), and helping others (23%). In comparison, some of the least rewarding aspects were having so many rules and regulations (23%), long work hours (15%), and difficult patients (15%).

Many physicians also generally felt that their compensation was fair, with a majority of physicians in public health and preventive medicine, oncology, and plastic surgery agreeing. However, this was not the case in all specialties. Less than half of physicians in OB/GYN, internal medicine, physical medicine and rehabilitation, among others, said they were fairly compensated.

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What physicians earned in 2022, in 4 charts - The Daily Briefing