The Impact of Financial Education on Stress Among Orthopaedic Surgeons
Devan O Higginbotham, Fong H Nham, Daniel R Cavazos, Chaoyang Chen, Steven K Stoker

TL;DR
Orthopaedic surgeons and residents with higher student debt experience more financial stress, and offering financial education could help reduce this stress.
Contribution
This study identifies financial stress differences between orthopaedic residents and attendings and suggests financial education as a potential solution.
Findings
Residents have higher current and future financial stress scores than attendings.
Residents' confidence in financial knowledge is negatively correlated with current financial stress.
Most residents would attend a personal finance course if offered.
Abstract
Background: Financial stress has been an increasing area of concern for residents and attendings. The primary goal of this study was to determine the financial education level and differentiate financial outcome measures of orthopaedic surgery residents and attendings. Methods: A survey of all residents and attendings of the 201 Accreditation Council for Graduate Medical Education (ACGME)-accredited orthopaedic surgery programs in the United States. Results: Total participation in the study was 118 residents (postgraduate year (PGY) 1-5), three fellows (PGY 6), and 57 attending orthopaedic surgeons. A significant difference existed between average current financial stress scores between residents versus attending (2.32 vs 1.17), but not Doctor of Medicine (MD) versus Doctor of Osteopathic Medicine (DO) attendings (0.96 vs 1.67) and MD versus DO residents (2.25 vs 2.50). There was a…
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Taxonomy
TopicsDiversity and Career in Medicine · Healthcare professionals’ stress and burnout · Hospital Admissions and Outcomes
