Healthcare Finance

Pay gaps between newly-trained male and female physicians in New York are persisting, according to the Center for Health Workforce Studies. What’s worse is that, despite the growing percentage of women completing training in the state’s Graduate Medical Education programs, these pay gaps are actually widening over time.

The number of women completing a GME program in New York has been steadily increasing for a couple of decades. Between 1998 and 2016, the percentage of female GME graduates in the state grew from 36 to 48 percent, according to the Center for Health Workforce Studies. Currently, New York trains more than 16,000 physicians, and about 5,000 annually complete a training program in the state.

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The Exit Survey, conducted annually since 1998 (excluding 2004 and 2006), provides an overview of the outcomes of training and the demand for new physicians. Among the key data points tracked by the survey include physician job market assessments, demand based on areas of specialization, and the likelihood of physicians practicing in New York after completing training.

The demand for primary care physicians has outpaced demand for specialists every year since 2008. Primary care physicians were less likely than their specialist counterparts to report difficulty in finding a satisfactory job; they received more job offers than specialists and had a more positive assessment of the regional job market. Also of note, the average increase in median starting income was four percent for primary care physicians versus 3 percent for specialists from 2012 through 2016.

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