Physicians are paid 7.3% of our total national health expenditure:
According to the Bureau of Labor Statistics, the aggregate median salary for every healthcare provider totals $966,992,011,000.
The ~1 million physicians get paid $262,332,755,000. That’s $262.3 Billion out of a total $3.6 Trillion spent on healthcare in 2019.
Physicians get paid 7.3% of the total amount spent on healthcare.
What was more disturbing to me, however, is that 73% goes to non healthcare providers. I wonder who they may be?
This is how we fix healthcare. Get rid of 90% of the administrators as a start.