Issue link: https://beckershealthcare.uberflip.com/i/1483210
35 ASC 13 most popular medical, non-medical side gigs for physicians By Claire Wallace Thirty-seven percent of physicians reported having a side gig in 2022 according to the Physician Extra Income report from Medscape. Thirteen most popular medical side gigs: 1. Medical consulting 2. Expert witness 3. Chart reviewing 4. Medical moonlighting 5. Speaking 6. Telemedicine 7. Medical device development 8. Healthcare startup development 9. Medical spa work 10. Medical podcasting/ blogging 11. EMR training 12. Tutoring 13. Mental health counseling Thirteen most popular non-medical side gigs: 1. Real estate 2. Investing 3. Consulting 4. Teaching 5. Writing 6. Sports 7. Business consulting 8. Social media influencer 9. Cooking 10. Arts and crafts 11. Playing music 12. Life/career coaching 13. Photography n Top 10 states for private practice physicians By Marcus Robertson A physician looking to go into private practice has to think about several factors when settling on a location. Prominent among them are the area's average pay, regulatory environment, amount of competition and individual insurance market. Becker's ASC Review has compiled data from the 2020 Census, Bureau of Labor Statistics, state regulations on new practices and the Kaiser Family Foundation to create a ranking of states for private practice physicians. Note: e Herfindahl-Hirschman Index is a measure of market competitiveness, here applied to the individual insurance market. "Average physician pay" is taken from Bureau of Labor Statistics data that excludes pediatricians. Methodology To convert each dataset into comparable numbers, Becker's calculated the standard deviation and average of each, which were both used to determine the Z-scores for every value. e Z-score is a measure of how far a point of data is from its parent dataset's average. For "Average physician pay," higher numbers are clearly better, but for "Physicians per 100K population" and "Herfindahl-Hirschman Index," golf rules apply: the lowest score wins. In calculating the Becker's Composite, the signs were reversed on the Z-score categories playing by golf rules, which were then summed with the physician pay Z-score and a value reflecting the restrictiveness of state regulations. n State Physicians Per 100k Population Avg Physician Pay Herfindahl-Hirschman Index Becker's Composite 1. Wisconsin 2.49 $258,470 1,465 3.68 2. Colorado 4.70 $247,520 2,715 3.36 3. South Dakota 36.98 $269,100 3,279 3.17 4. Montana 32.31 $271,560 3,503 2.96 5. Arizona 4.61 $240,750 3,294 2.86 6. Indiana 6.55 $260,540 4,444 2.81 7. Maine 26.12 $279,700 3,559 2.76 8. Minnesota 4.67 $244,720 2,664 2.60 9. Idaho 19.34 $246,220 3,557 2.60 10. Missouri 4.34 $235,930 2,672 2.59