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Wednesday, April 1, 2020

Stats Gate

These Are The Best And Worst States In America For Doctors, 2020

If you’re a doctor in Montana or Wisconsin, your job satisfaction is likely significantly higher than it would be if you resided in New York or Rhode Island, according to WalletHub study, which recently released its 2020 list of the best and worst states for doctors.

The best state to be a doctor in Montana, according to the ranking, followed by Wisconsin, Idaho, and North Dakota. Minnesota is No. 5, followed by Kansas, Iowa, Tennessee, Mississippi, and Nebraska.

The study ranked New York as worst, followed by Rhode Island, Connecticut, Massachusetts, and Alaska.

Detailed findings & methodology: To identify the best states for doctors to practice medicine in, WalletHub ranked the 50 states and Washington D.C. based on 19 metrics in two categories, “Opportunity & Competition” and “Medical Environment.” The data set ranges from the average annual wage of physicians to hospitals per capita to the quality of the public hospital system.

The “Opportunity & Competition” dimension included metrics like Physicians’ Average Annual Wage, Physicians’ Average Monthly Starting Salary, Hospitals per Capita, Insured Population Rate, Employer-Based Insurance Rate, Projected Share of Elderly Population, among others.

The “Opportunity & Competition” dimension’s metrics were Quality of Public Hospital System, Hospitals Safety – Percentage of “A” Hospitals, Presence of Nationally Accredited Health Departments, Physician Assistants per Capita, among others.

Other factors considered in the ranking included malpractice award payout and the cost of malpractice liability insurance. So what are the top states to practice medicine according to the report?

Best States In America For Doctors, 2020

RankState
1Montana
2Wisconsin
3Idaho
4North Dakota
5Minnesota
6Kansas
7Iowa
8Tennessee
9Mississippi
10Nebraska
11Alabama
12South Dakota
13Oklahoma
14Nevada
15Utah
16Arizona
17North Carolina
18Wyoming
19South Carolina
20West Virginia
21Missouri
22Florida
23Maine
24Washington
25Georgia
26Colorado
27Michigan
28Indiana
29Texas
30Arkansas
31Kentucky
32New Mexico
33Pennsylvania
34Louisiana
35Virginia
36Oregon
37New Hampshire
38California
39Ohio
40Illinois
41Vermont
42Hawaii
43Delaware
44Maryland
45District of Columbia
46New Jersey
47Alaska
48Massachusetts
49Connecticut
50Rhode Island
51New York
Dr. Amarendra Bhushan Dhiraj
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
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