Navigation Links Finds Psychiatrists are Neutral on Universal Healthcare

Average psychiatrist salary increased for 60 percent of survey respondents.

Alpharetta, Ga. (PRWEB) November 6, 2008 -- Recent research by physician recruiting firm indicates that among the medical specialists the firm places, many psychiatrists think they might have the least to lose if universal healthcare coverage is implemented under the incoming Administration.

In its 2008 psychiatrist salary survey, asked how psychiatrists thought universal healthcare would affect their personal incomes. Among almost 200 respondents, more than half (56 percent) predicted universal healthcare would have no effect on their incomes. While, 21 percent predicted a negative effect, another 23 percent said universal healthcare would affect their incomes 'positively.'

Earlier this year when asked psychiatrists what they thought was the best solution for U.S. healthcare reform, 42 percent selected, "Implement universal healthcare insurance coverage with single-payer reimbursement." Only 18 percent of anesthesiologist, general surgeon and radiologist respondents selected the single-payer approach, while 29 percent selected a tax-credit approach (compared to 13% of psychiatrists). Twenty-four percent (24%) selected universal healthcare coverage with multi-payer reimbursement (compared to 27% of psychiatrists). Only four percent of psychiatrists and less than six percent of the latter group preferred to "leave the current system place."

"Psychiatrists have to deal with many different sets of payer rules about mental healthcare coverage today," Executive Vice President Michael Davis said. "Many of them probably think universal healthcare would reduce the number of payers and simplify the reimbursement process for them."

Psychiatrist Salary Gains survey data indicate that the average psychiatrist salary increased between 2006 and 2007. In fact, 60 percent of psychiatrists responding to the physician recruitment firm's 2008 salary survey reported income gains between the preceding two years. Among those respondents, 26 percent reported increases of 10 percent or more. A quarter of responding psychiatrists said their gross personal incomes remained about the same between 2006 and 2007, while only 15 percent reported income decreases between the two years.

Davis suggests that recent psychiatrist salary gains reflect a growing shortage of psychiatrists, since 45 percent of U.S. psychiatrists currently are age 55 or older and only 28 percent are age 44 or younger. (Twenty-seven percent are between the ages of 45 and 54, according to the 2008 edition of the American Medical Association's Physician Characteristics and Distribution in the US.) pegs the average psychiatrist salary at $183,232, roughly an eight-percent increase over the average $169,833 for 2007 respondents. To see an overview of the complete 2008 psychiatrist salary survey results, please visit the Psychiatry Career and Resource Center.

Regardless of compensation concerns, most 2008 psychiatrist respondents (83%) said they would choose medicine as a career again if given the choice.

Sixty-four percent (64%) of responding psychiatrists had been practicing for 10 years or more, 61 percent were male and 97 percent were board certified (67%) or board eligible (39%). While almost half (47 percent) of respondents were employer-based, 20 percent were in private practice and only 16 percent reported working on a locum tenens, or contract, basis exclusively.

Founded in 1995, is a full-service physician recruitment firm specializing in anesthesiology jobs, psychiatry jobs, radiology jobs, surgery jobs and CRNA jobs with U.S. hospitals, medical groups and community health centers. is part of the Jackson Healthcare family of companies. To learn more, visit

# # #

Read the full story at

Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved  

Related medicine news :

1. Reaps Mixed Reviews on Universal Healthcare
2. R. Shane Jackson Named President of
3. Study finds racial disparities increasing for cancers unrelated to smoking
4. Study finds ADHD affects motor skills of boys more than girls
5. Study finds fears of HIV transmission in families with infected parent
6. Survey finds widespread dissatisfaction with current health care payment system
7. New research finds markers for esophageal cancer before it develops
8. Traditional Medicare vs. Medicare Advantage Plans: Allsup Finds Knowing the Differences Means Savings for People with Disabilities
9. Landmark UCLA study finds aggresive, personalized treatment increases kidney cancer patient survival
10. Study Finds Preventative Diabetes Care Reduces Amputation Occurrence
11. New Report Finds Rising Risk of Infectious Diseases in America
Post Your Comments:
Related Image: Finds Psychiatrists are Neutral on Universal Healthcare
(Date:10/13/2017)... ... October 13, 2017 , ... Ellevate Network, the leading network ... advocate for action towards gender equality at their inaugural Summit in New York City ... and reached a social audience of over 3 million. To watch the Mobilize Women ...
(Date:10/13/2017)... ... ... “The Journey: From the Mountains to the Mission Field”: the story of a missionary ... Journey: From the Mountains to the Mission Field” is the creation of published author, ... ages and currently teaches a class of ladies at her church, which she has ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... to meet the demand of today’s consumer and regulatory authorities worldwide. From Children’s ... experts and tested to meet the highest standard. , These products are ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa Mohebi, the Los ... article to the newly revamped Cosmetic Town journal section, featuring articles ... procedure known as Follicular Unit Extraction (FUE). , Dr. Mohebi says ...
(Date:10/12/2017)... ... October 12, 2017 , ... Health ... interactive health literacy software tool, and the Cancer Patient Education Network (CPEN), an ... education, today announce a new strategic alliance. , As CPEN’s strategic partner, ...
Breaking Medicine News(10 mins):
(Date:10/12/2017)...   Divoti USA will engrave and process ... of the latest FDA requirements, which stipulates new criteria regarding medical ... need of Medical ID jewelry such as Medical ID Bracelets, can ... in terms of the new FDA requirements . ... Divoti offers this dark mark fiber laser ...
(Date:10/11/2017)... Holdings, Inc. ("Hill-Rom") (NYSE: HRC), today provided an update ... Puerto Rico , where the company manufactures ... Following a comprehensive onsite assessment, the ... temporary loss of power and minimal water damage due ... have resumed, and the company expects to return to ...
(Date:10/4/2017)... Korea , Oct. 4, 2017  South Korean-based ... next-generation CPR training aide "cprCUBE" on Kickstarter. The device ... compression during cardiac arrests with better efficiency compared to ... also offers real-time feedback on efficacy of the compression ... crowdfunding campaign has a goal to raise $5,000. ...
Breaking Medicine Technology: