How do malpractice insurance and other operational costs impact the overall expense?
Malpractice insurance is a significant recurring cost for gynecologists due to the high-risk nature of the specialty. Premiums can range from $30,000 to $80,000 annually, depending on the location and scope of practice. Other operational costs include staff salaries, utilities, medical supplies, and electronic health record systems. Combined, these can add up to several hundred thousand dollars per year.
