South Dakota is Named Second Best State for Doctors
The personal-finance website WalletHub recently released its report on 2023's Best & Worst States for Doctors.
To identify the best states for those in the business of saving lives, WalletHub compared the 50 states and the District of Columbia across 19 key metrics. The data set ranges from the average annual wage of physicians to hospitals per capita to the quality of the public hospital system.
Practicing in South Dakota (1=Best, 25=Avg.):
14th – Avg. Annual Wage of Physicians (Adjusted for Cost of Living)
10th – Avg. Monthly Starting Salary of Physicians (Adjusted for Cost of Living)
7th – Hospitals per Capita
10th – Projected % of Population Aged 65 & Older by 2030
19th – Projected Physicians per Capita by 2030
4th – Punitiveness of State Medical Board
2nd – Malpractice Award Payout Amount per Capita
6th – Annual Malpractice Liability Insurance Rate