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general surgery job market
I recently heard stories about new general surgeons starting at $150,000 to $200,000 in reasonable size cities. I mean, some of the cushy and less prestigious medical subspecialties make at least that much. Why salary so low, considering the long grueling g surg training, bad lifestyle, shortage of surgeons, high prestige and increasing surgical safety? Is the job market going to get better at all?
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1) income produced by the surgeon 2) # of applicants for the job Lots of people want to live in reasonable size cities compared to small, rural communities. These cities have an ample supply of surgeons and high HMO penetration. So there aren't as many cases to go around, they reimburse less than average and lots of people want the jobs. Employers pay the least amount necessary to fill a job. If $150K will do it, why pay more? |
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The second reason is that most general surgery residents graduating are in so much debt that they are willing to take any salary above a $100,000. (When in reality some PA (Physician Assistant) are making more money) "Is the job market going to get better at all?" answer is No! Not any time soon. |
I am still a resident, but I get a whole lot of those recruiting letters. I just got one yesterday- Colorado general surgery, excellent location, blah, blah, blah. It boasted a 300K guaranteed income.
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It is away to lure you into the area. In most cases, you will not be able to collect $300 plus @60,000+ (malpractice) plus @ one third of you income goes to overhead $100,000+ A total of $460,000.00 Unless you are living in the hospital doing tons of cases your first two years, you will not be able to collect $460,000 In realistic cases, private groups are hiring from $90,000 to $180,000. Hospitals can afford to pay more and offer from $125,000 to $220,000 but with strings attached. Remember nothing is for free. FYI – On average a general surgeon collects from insurance companies only a third of what is billed out. For example, if you bill out $100,000 you only get (collect) $30,000. The rest the insurance company’s CEO and investors eat it up. |
The estimate is pretty straight forward I thought...
$350 for a lap choly? Lets say you do 3 a day. That's $1050 a day. That's $4200 a week (4 days work + 1 day clinic (many are 3+2)). That's 48 weeks of work = $201,600 (raw, no taxes or insurance). What I am not including is how much you get paid for call, seeing people in followup and what you miss out on from accounts collectable and what the insurance (medicare/medicaid) refuses to pay. Someone with more experience can correct me of course but that's the rough estimate... |
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Sorry, follow-up is included in the billing. You cannot bill extra for seeing a patient post-op within 30 days; its included in your $360 (or so) for doing the lap chole/whatever. |
90k? what is this peds?
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You are assuming that you are the only talent in town and will get most if not all of the gallbladder. Very few surgeons will do 3 gallbladders a day times 4 days a week. I have be out for 3 ½ years, and the group that hired me can not afford to continue to pay me $165,000. In reality, they are paying $165,000 plus $56,000 (malpractice) plus $60,000 overhead. A total of $281,000. It is quiet depressing sitting down every three months with our billing company, and see how much was billed out, how much is collected and how much is pending approval. The Insurance companies have the upper hand because the service has already been done. It’s not like you can put the colon back into the abdomen if they refuse to pay or pay you less. We are, after all these years of education and training, begging with our hands out from people who barely finish high school. |
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Private groups and even hospitals in the east coast can not afford to pay a lot of money. YOU as the well educated and well trained specialist have to generate income. With the dropping insurance reimbursement for your hard work and the liability as a surgeon, you are needed by the community but you do not generate enough income. The insurance companies are holding on to your money and laughing all the way to the bank. |
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But anesthesia could potentially be replaced by CRNAs, whereas no mid level professionals could ever replace general surgeons. Don't you think in long term gen surg offers more job security?
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I guess it's pretty cool that as an anesthesiologist, you will have the ability/talents to help the surgeon out without actually "getting your hands dirty." Sitting on a comfy chair to watch operation could be more fun than actually doing it. Unfortunately I've heard too many horror stories about how surgeons mistreat their anes colleagues. Have you guys seen that actually happen?
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Yes, one time during my MS3 year, a surgeon did raise his voice on an attending anesthesiologist...they both got suspended via orders from their department's chair person. |
Bigger cities will have lower salaries overall compared to smaller cities. Once again, supply and demand is what controls how much someone is willing to pay a new doc to come there.
Since I just went through a job search after leaving the military, I can give some insight to the job market. There are plenty of jobs available, but you may have to be flexible about where you go. My wife and I had a fairly good idea where we wanted to end up so we concentrated on a few decent-sized Midwestern cities, but also entertained offers from a few "headhunters". Almost every offer was for at least $200k with a one-year guarantee. This is in addition to your overhead (rent, malpractice, etc). Some guarantees were all the way up to $400k. Most also offered a production bonus and you would convert to production-based pay if you overcame your guarantee during the guarantee period. Otherwise, you would switch to production-based pay at the end of your guarantee period. In the end, I took an offer that I found on my own by writing a letter to the practices in an area that I wanted to live. Since the area was more desireable, the guarantee wasn't quite as high as some of the other offers I had, but the potential was phenomenol. Our overhead is less than 20% and the other partners bring home $400-$800k per year. I billed $120k my first month and our collection rate is about 40-50%. If I continue at that rate, I'd overcome my guarantee amount in less than 6 months. I work about 40 hours per week and take one weeknight of call during the week plus every fifth weekend. |
[QUOTE=Leukocyte;4420692]..Only BEHIND their backs. Honestly dude, how would you imagine a situation will end if a 5'7 dude surgeon "mistreats" a 5'9 dude anesthesiologist? I think we dudes learnt that in high school!:cool:
Yes, one time during my MS3 year, a surgeon did raise his voice on an attending anesthesiologist...they both got suspended via orders from their department's chair person.[/QUOTE] How often does "mistreatment" happen in private practice world? |
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No. Anesthesiologists will always be in demand and will NEVER be replaced by nurses. |
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Greatest exchange ever: anesthesia:how's your daughter application doing for residency? Surgeon: She was going to apply to anesthesia so I pulled her out of medical school and made her a hooker so she could earn a respectable living. If you ever made this joke in academic medicine **** would fly. Everyone is so damn uptight. |
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It sounds like a fantasy. Unless you are one of three surgeons in the state. |
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I just saw new survey numbers yesterday...the median income for a general surgeon in practice at least 3 years is over $300k. The average starting salary right out of residency is $200k. And the average starting salary for an experienced surgeon seeking a new place is $250k. I guess we both know which side of those averages we each fall on. |
Salaries aren't dictated by how much time you spent in training. They are dictated only by how much revenue you can generate. Which is dependent on 2 things:
How much payors are willing to pay (decreasing rapidly and annually) How many cases you do. Translation: To maintain the same revenue, because you are getting paid less per procedure, you have to do more cases each year. Ultimately the money in the surgeon's pocket is revenue-expenses. Since revenue decreases and expenses increase regularly, you can predict the outcome. You better be in this for the fun rather than the money. |
FliteSurgn,
Two questions: 1-) How many days a week do you operate? What is your typical week routine? (clinic time, office, etc..) 2-) Are you working in a private clinic? |
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You are not a liar, you are just an exception to the rule. Maybe it is because you are a smart businessman, or maybe because you are practicing in a "physician shortage area", or... The thing is the OP was asking for AVERAGE compensation, and youR income does not reflect that. It is good to see that there are surgeons who are making this much especially now with the DECLINING compensations. Good Luck. |
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Please refer to these links to get the most "accurate", "un-biased" physician compensations that you can possibly have: http://www.cejkasearch.com/compensat...ion_survey.htm http://www.allied-physicians.com/sal...n-salaries.htm Good Luck. |
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Honest posts like yours always glow with truth and gives people like me confidence. Again, I appreciate your honesty VERY much! Good Luck! |
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If your question is whether Specialty X makes more than Y, it's a decent tool. Regional variations in payment are of some utility as well. But if your question is how much a single surgeon will make in a given job, it's useless. Not to knock you or anybody else, but the data just doesn't exist. |
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So the "maximum" in the Allied-Physicians' survey is just an average of the maximum. It does not mean that a specific surgeon can only get paid so much. The maximum reported is $520,000...this means there are surgeons who are getting paid a maximum salary of less than $520,000, and there are surgeons who are getting paid a maximum salary of more than $520,000 (How much more than $520,000? We do not know. We do not have the "un-biased" data.) So basically, the "Maximum" that is reported on the Allied-Physicians' survey says, "it is possible to acheive a salary of $520,000". It does NOT say, "$520,000 is all you can possibly make". Thank you for clarifying my point.:) Good Luck. |
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Haha, I got that bull**** too. I'm only an intern! Reminds me of the job flyers all the Okies had in their pockets in The Grapes of Wrath when they showed up in CA. |
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How far out of residency are you and how do you get to be so quick? At my current program, if I looked at the scheudule and saw the day you will have on Monday I would utter some explititvies because I would be in the OR til 6pm at least. THen I'd have to round again and wouldn't leave til 7 at least. |
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I am three years out of residency, but just entered private practice after having my services underutilized by the US Air Force for the last few years. |
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My residency training imparted a lot of confidence, independence, and speed. Being underutilized after residency significantly slowed down my usual operative pace, but I am starting to get it back now that I've started getting a caseload that challenges me...instead of 80% endoscopy like I had in the military. |
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Is there any area of gen surg that you focus more on? |
In what way does where you trained, university vs. community, influence your chances in the job market, given that you want to be a general surgeon but that you want to practice in a place such as the Bay Area in N. Cali? If you train at a community program is that going to knock you out of the competitive job markets, saying you don't want to become an academic physician?
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Where are the “Powerful Chairmans/Chairwomans” who flexed their muscle in M&M. They should be flexing their muscle to fight to protect this field from all of this assault. |
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Same trend for radiology and outsourcing. Same trend for MDAs and CRNAs. Same trend for primary care and PAs/NPs 350k isnt enough for these people, so they decide to sell out their field to midlevels so they could pull in 450k instead. The biggest problem in american medicine is greed at the top levels. |
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BTW, the UK underwent this shift in policy not because people couldnt get their surgeries, but because its a cost cutting move. |
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what does your dad want you to do instead?
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The field of surgery has changed so much in the past ten to twenty years. Forget the money, problems with reimbursement, malpractice, doing more work for less pay. What frustrates me the most is the lack of respect for the surgeon or at the least for the job of the surgeon.
I was doing a difficult case last week and I needed help from the scrub nurse, circulating nurse and anesthesiologist; ……and they simply did not care. They were there for their shift work and I was demanding too much of them to do their job. What's even worse is if I yelled or complained, they would write me up and I would have to get sensitivity classes and my privilege maybe suspended. They’re stacking everything against us. |
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