The opportunities for doctors are better in Mississippi than Connecticut, according to an analysis by the personal finance website WalletHub, which this week released a report titled, “2016’s Best & Worst States for Doctors.”
WalletHub’s analysts compared the 50 states and District of Columbia across 11 key metrics, including physicians’ monthly average starting salary, number of hospitals per capita and medically underserved areas or populations.
Connecticut ranked 47th nationally. Mississippi ranked first.
Here’s what WalletHub found for the medical profession in Connecticut, with 1 the best and 25 average.
• 47th – Cost of living-adjusted mean annual wage
• 39th – Projected physicians per capita (2022)
• 44th – Malpractice award payouts per capita
• 23th – Cost of living-adjusted average starting salary
• 50th – Number of hospitals per capita
• 16th – Projected percentage of population 65-plus by 2030
• 41st – Number of physicians per capita
WalletHub ranked Connecticut 44th under the dimension of “opportunity and competition,” comprising the metrics of physicians’ mean annual wage, adjusted for cost of living; physicians’ monthly average starting salary, adjusted for cost of living; number of hospitals per 100,000 residents; insured population rate; medically underserved areas or populations; future elderly population; current competition: future competition.
It ranked the state 38th under the dimension of “medical quality,” comprising the metrics of punitive state medical boards; malpractice award payouts per capita; and malpractice liability insurance rate.
