May 17, 2016

Alabama Redeemed, at least for doctors.

     We are dead last or first on so many lists these days (depending on which is worst) that I found it refreshing to find the state ranked 3rd for the best states to practice medicine!

Birmingham is the recommended city. 

And why? 

State profile: Alabama offers excellent physician compensation—an average of $296,000 last year, which is 4.6% above the national average. Given that the state's cost of living is nearly 10% lower than the national average and the overall tax burden is 8.7%, Alabama doctors can stretch their earnings pretty far. The malpractice environment is likewise favorable, with payouts per capita last year amounting to just $4.15—the fourth lowest rate among the states. Alabama's economy is projected to continue growing, but slowly and unemployment in February was above the national average (6.2% vs 4.9%).
City profile: Birmingham is the state's economic engine, but Hoover just to the north is growing quickly too. Although independently incorporated, the city of more than 84,000 is an in-demand suburb with good schools, the largest shopping center in the Southeast, and easy access to downtown and the University of Alabama Medical Center.
Cons: Average housing costs are more than twice the state average.

HERE is the link...and Doc, you can look at other states too....

No comments:

Post a Comment