Economic advantages of board certification.
While several recent studies have examined selected characteristics of board certified physicians, none have directly and completely examined the economic advantages it conveys. Using data from a nationwide survey of physicians, estimates of the empirical relationship between income and board certification are shown. Being board eligible increases annual practice income by about $8000 and being board certified increases income by almost $13,000, holding other factors constant. The economic advantages of board certification thus appear to be substantial.
D000328:Adult; D000367:Age Factors; D000368:Aged; D002568:Certification; D004470:Economics, Medical; D005260:Female; D006801:Humans; D007182:Income; D008297:Male; D008875:Middle Aged; D012737:Sex Factors; D013038:Specialization; D013044:Specialty Boards; D013223:Statistics as Topic; D014481:United States