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#51 |
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Is one issue a glutted market? If so, psychology programs need to take this into consideration. I have often argued about this with reference to prescribing psychologists, in the sense that glutting the market for both psychologists and psychiatrists by attempting to blur them together is not good for either profession. Maybe a glutted market isn't the issue. One pickle for psychologists is that you can't really shorten appointment times and be effective in therapy, and it's hard to argue that you should get paid more for talk therapy (in the minds of most people), so it kind of puts you between a rock and a hard place. This is the issue that many generalist physicians have faced - they need to see more patients, but they can't. They can't talk anybody into paying them more per visit. Hence, the proliferation of mid-levels working under a physician and bringing in extra bacon. Now, the problem is trying to keep the mid-levels from straying out on their own and taking our patients with them. Trust me, the grass ain't always greener....
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#52 |
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Senior Member
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This thread is so dry. All words. Lets look at some pictures.
These are the pay distributions for various health care professionals in chicago. Clinical Psychologist ![]() Counseling Psychologist ![]() Cardiologist ![]() Chiropractor ![]() Dentist ![]() Dermatologist ![]() ER Doctor ![]() Nurse Practitioner ![]() Psychiatrist
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#53 |
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If you are in it for the money only, become a psychiatrist. If you don't consider 75k enough to be a bread winner, then you are delusional. Half that at 37.5k is enough to be a bread winner, and some people support their family with a lot less.
Also, if loans are a problem, skip the PsyD, with all the outrageous loans, and get a PhD. One of the problems, that is limiting wages, is that the professional schools are plugging out so many psychologist that the market is getting flooded. If the professional schools had the same strict admissions guidelines and limited admissions numbers as normal schools, then this would be much less of a problem. |
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#54 |
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Again, before you start comparing PhDs to NPs to MDs, etc, consider the work responsibilities. A cardiologist spends all day running cath leads up people's femoral arteries to their aortas and coronary arteries. Psychiatrists make more than psychologists because they have reduced most of their practices to ten-minute med checks. I think psychologists should make more. I don't see any evidence they should make as much as a physician, but I'm sure some people on here would disagree. In the era of declining physician salaries, you will have a hard time finding a pay raise, just like the rest of us. We'll see what any of us make after healthcare is revamped. Somehow, I doubt anybody's salaries will go up honestly. Hah, have any of you folks ever followed an ER doc around for a 12 hour shift? You might want to before you compare your salary to theirs. Personally, I think chiropractors are worth about half what a psychologist is worth, so we can agree on that.
Last edited by RGMSU; 11-06-2009 at 08:30 PM. |
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#55 | |
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#56 |
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#57 |
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I was going to say, cardiologists deserve that high pay. They're pretty much always working.
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#58 | |
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JackD, it really sounds like your perception of things is very different from my own. For example, I have friends who live comfortably in Chicago on FAR less than $100k a year. As the above poster said, I know many people who are breadwinners with combined poverty-level incomes. What is possible and what you're comfortable with are two entirely different scenarios that you aren't articulating as such within your posts. The reasons you chose to pay $120k for a degree are your own. I can tell you, at 30, I began looking at psychology as a professor when I was 13 years old. Since that time, I've kept up with market trends, researched programs, and worked closely with professionals. There was never a time that I understood this field to be one where I would make major cash out of school. Especially not enough cash to cover $120k debt in a short amount of time... I've said on this board since I came that I didn't see how this market could sustain continued growth in mental health care. The fact is that for most people, it's viewed as a luxury item. It will be (has been) one of the first things to go in a lot of people's routine. Worse still are the cuts of reimbursement rates. North Carolina's Medicaid reimbursement rates dropped for the 2nd or 3rd time this year last month... I think I've seen about a dozen cuts since I've been practicing... and again, I'm young and new to the field. I don't remember who brought up SLP's and PT's but I don't think they go into it for the money. They don't make that much more than social workers in my state. They were almost in worse shape than behavioral health. My state had OT's, PT's, and SLP's on the chopping block COMPLETELY for Medicaid reimbursement. That would wipe out many people's entire income since most special needs kids receive Medicaid to cover the gap in coverage/care for those particular services. Rates have been cut across the board. I have dentist friends. CUT. I have doctor friends. CUT. I have psychologist friends. CUT. I am a clinical social worker. CUT. Two of my friends, an SLP and a PT, just got laid off from their jobs of 5 years... CUT. Healthcare, as a whole, is suffering because it is a non-essential (sadly) expense. Fix the rotting tooth or buy your kid a halloween costume? Treat your PTSD or put food on your table? Get the mammogram or buy a new pair of shoes? As a specialist in human behavior, I think if you look closely enough you'll see that things are drawing up to an inevitable conclusion for this period in time. As the economy and market stabalize, the climate will exist for increased rates (maybe, depends on policy shake outs). For now, however, to stay in business, a client must feel that the service warrants the cost. LOVE the posts that call it a business... those are so smart and I agree 100%... I can't wait to have my doctorate so I can grow my personal business as I expand my scope of practice. For what it's worth, like T4C, I've always have a multi-pronged career path. There's never been a moment where I didn't plan to have my hands in direct practice, publishing, advocacy, policy, and teaching and I think that's the difference between myself (still above water) and others who have had to leave the field in recent months. I also agree with Keeg on the over-satuaration... not just of psychologists, of all mental health professionals. You have MD's, PhD's, LPA's, LPC's, LCSW's, MHC's, MDiv's, MEd's, EdS's, PA's, NP's, RN's, and who knows who else all trying to cling to the same branch of the treatment tree. While cardiologists, dermatologists, allergists, etc all have their own branch that people would flock toward separately. Our branch was bound to snap off the tree eventually. |
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#59 |
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Look, if you guys are happy with the current pay for psychologists then great, looks like things are going to work out for you in this career. However, by the shock that we saw from some of the grad students and prospective grad students, it seems few people actually knew about a lot of this. And certainly I am not the only one pointing to these things as problems. They are real too. No one here is making it up for kicks. But it looks like for some of you, the problems don't exist, either you are already making a lot or your pay is just fine, and that is great (no sarcasm there).
Do remember though, there is nothing wrong with you advocating that you get better compensation. As people have said, be forceful about it and it is ok to think of yourselves as business people too. |
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#60 |
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#61 | |
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I have my post-doc because I built a solid relationship with an excellent research psychologist over my entire 5 years of grad school. The post-doc was mine for the taking. I have another excellent relationship with a PP psychologist with a thriving group practice that has approached me more than once now to work part time for him. I'd make a snarky comment about being a lowly professional school grad, but that's off topic. PSYDR's post is spot on.
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#62 | |
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As hard as this thread was to read - especially while finishing up my apps. I am glad these issues were brought up. So thank you all for sharing your perspectives.
If I do get accepted and attend, I need to go into this with as much awareness as possible. I am more of a research gal myself so some stuff is not applicable but much is food for thought. And if I get rejected, I will reread this thread to feel better - a little rationalization never hurt. ![]() Quote:
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#63 | |
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Last edited by Rick55; 11-07-2009 at 09:00 AM. Reason: typo |
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#64 | |
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IMHO, people who take on that kind of debt and are unhappy about it after the fact didn't do their homework before applying to grad school. I personally would never, ever consider going into that kind of debt for a degree in clinical psych. If that type of program had been my only option, I would certainly be in a different profession today. |
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#65 |
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Agreed. And if a person has done their homework and decides to take on that kind of debt for their education, then it's their choice and we should not judge them idiots for it. We all try to make the choices that are best for us. Who are we to assume we have the exact same ordering of priorities as someone else?
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#66 | |
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I totally agree. Spending 100K+ for just a grad degree is not sustainable, especially if you plan on working in community mental health. That is on top of your costs for an undergrad degree. Unfortunately, the academic world that creates PhDs does not teach them to look at their skills as marketable but rather for the "fun of it" or to "help people." I think we have a lot to learn from business professionals that are making way more than we are as they demand more for their skills. Part of the problem with the stats for psychology salaries is the split between pay for academic careers and pay for clinical careers. Most universities only pay around 50-70K for a full tenured professor, upwards of to 100K for those on top of the research one heap. This pulls down the average for those clinical positions anywhere from 80K to 150K. In reference to what to do about community mental health centers that only pay 40K. Simply don't work there. Once these places figure out that NO psychologist will work for that, they will either start hiring mid levels or they will find some more money. From a business perspective, they will only pay you what they can get away with and no one should blame them for that. Every time a psychologist takes a position for that amount of money, they hurt the rest of us in our ability to demand higher wages. I think things will change once mental health parity (2008) fires up in 2010, but we still have to wait until 2014 for 80% parity. I think things will change even more when we start learning how to better advocate for our profession. |
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#67 |
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#68 | |
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#69 |
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A Student of Life
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There is a lot of judgment in this statement......
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#70 | |
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This, in my view, is preaching to the choir.edit: And let's not forget that we're up against the big pharmaceutical companies, who are everywhere promoting the wonders of Abilify, Lexapro, Wellbutrin and the like. We need to fight back! |
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#71 |
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There's nothing wrong with judgment. That's what the human brain does - it evaluates. This is a necessary component of problem solving.
People frequently act as if making judgments about others is a bad thing, which is ridiculous, black and white thinking. Everybody makes judgments in one way or another. Problems arise not in judgment itself, but in the manner in which it is done. Making judgments about others is necessary. Making judgments in certain ways is another matter. |
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#72 |
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#73 |
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#74 | |
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This thread seems a bit strange to me. Most psychologists don't get rich. This should be "common sense" to anyone even thinking about entering this field. Most people with doctoral degrees in physics, physiology, engineering, and many other professions aren't getting rich either. That being said, psychologists can do just fine. Look at the data. Only about 10% of people in the U.S. make more than $82,000 per year. Only about 6.5% make more that $100,000 and of course that includes the uber-rich like Donald Trump. Clinical psychologists have the potential to get into that top 10% bracket and then some. We don't get rich, but can do very well relative to most people. |
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#75 | |
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http://research.apa.org/salaries07/table1.pdf |
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#76 |
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Look, I don't believe psychologists should make psychiatrist money. In CA, psychiatrists can start at $146-248K, but they went to med school and residency for eight years. We often take that long, but we can finish in six (4 years + 1 year internship + 1 year post-doc). Thus, I think we at least deserve to start at 1/2 of what psychiatrists can potentially make ($75-125K), though we start at nearly 1/4th of their salaries ($40-60K), with little advancement!
Instead, here's my arguement: psychologists should make just as much as other allied doctoral-level health care providers: Pharmacists, Dentists, Optometrists, and Podiatrists. Unlike physicians, most of them provide outpatient services that require little risk. I believe they also go to school for 4 years, plus 1-2 years of residency specialization if they like (though not required like us). My friends who went to Pharmacy/Dental school at age 22, are making 100+K at age 26, working 36-40 hours/week in outpatient settings with full benefits. Yes, no one absolutely "needs" a six-figure salary (though I would argue that living in LA, SF, or NYC, that's actually not that much money). It's about fairness: if 4-year doctoral health professionals make $100+K, we definitely should too. Furthermore, it's particularly pathetic when health care providers with BS/MS degrees are making more than us. The issue is supply and demand. Fresh psychiatry grads have headhunters recruiting them with 30+ job offers, while most psychologists have to scramble to find a job. True story: I was talking to a clinical health psychologist who splits time between a hospital and private practice in CA. When I asked her how she got her job, she told me that she had to apply for an MSW position at the hospital (at their pay rate), and convince them to hire her even though she's a psychologist! I heard in So. Cal, Kaiser doesn't even hire psychologists! :-O The proliferation of professional school PsyDs and MSW/MFTs have caused an oversupply relative to demand, so they can pay us whatever they want, since they have no shortage of applicants. This problem is only going to get worse. Last edited by positivepsych; 11-07-2009 at 02:42 PM. |
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#77 | |
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Does anyone have a good source for salary comparisons from Phd's in various science fields? |
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#78 | |
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#79 | |
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#80 | |
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Insurance companies care about outcome data and cost effectiveness. I think you "fight back" with evidence-based practices that are cost effective. Many practicing psychologists have harmed our standing by not using evidence-based treatments, imho. For example, I do a lot of work with OCD and am amazed that I come across clients that have been treated ineffectively for years with psychodynamic therapy and other psychotherapies that have no proven effectiveness in treating OCD. Why should insurance companies be expected to pay for treatment by psychologists who do not even read the research literature in their own field? Even a layperson can google sites like the OC foundation and clearly see that the expert consensus based on the empirical literature is that OCD is treated with cognitive-behavioral therapies especially with an exposure and response prevention component. Sadly, many clients come to me after years of ineffective psychotherapy for OCD. They often come to me after "discovering" empirically-based treatments for OCD online (I am listed as a provider in the OC foundation treatment provider directory). The fact that they find out about evidence-based treatment this way rather than from treating licensed psychologists is beyond disgraceful for our field. Before we ask for more "respect" or more money, we need to have our house in much better order than it is right now. Here's a good recent article that addresses many of the issues our field is facing: http://www.psychologicalscience.org/...i/pspi_9-2.pdf Last edited by Rick55; 11-07-2009 at 03:44 PM. Reason: typo |
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#81 | |
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Last edited by Rick55; 11-07-2009 at 04:48 PM. Reason: added more to my reply. |
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#82 |
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The real reason I'm concerned about this, in case anybody is wondering, is because I'm afraid we're all about to be fighting for every dime of reimbursement. The wheels are in motion for costs to be cut everywhere to everybody. Regardless of what letters we have behind our names, or will have behind our names for those of us who are students, we need to be very vigilant about trends that suggest that people view healthcare as an entitlement rather than a service we all trained very hard or are training very hard to provide. We also need to be vigilant about our own autonomy. I know this frequently runs against the prevailing political sentiments in psychology and psychiatry, but we'd better be careful how much we trust politicians to represent our interests.
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#83 | |
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I didn't know all psycholgosits do is hand out hugs and kisses with my PHD. Pondering the issue, I think psychological work is very valuable. For instance, I know many neuropsychologists who deal with diagnostic issues of life and death including having a key role in WADA operations. Clinical psychologists also deal with issues of life and death. Apparently you have never seen a BPD patient with intense suicidality or a persons suffereing form melancholic depression who refuses to even get up out of a chair. I have dealt with many issues of ife and death and patients tossed aside by psychiatrists who just prescribe a pill for everything. I think my work is as valuable as yours, and I have a feeling that all the patients whom I have had the pleasure to collaborate with would agree. The idea of reimbursement going down or staying the same if RxP is illogical, too. As evidenced in Louisiana and New Mexico, most psychologists have not sought the extra training and, for the ones who have, salaries have increased exponentially. Being from Louisiana, I can attest to this. |
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#84 | |
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ps. I completely agree with you about watching out for our interests, as politicians do not have our best interests at heart. |
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#85 |
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RGMSU is very oblivious to any real issues and then comes on here and is arrogant to say his outside opinion is "right on target" If he keeps up, I am going to have to put him on "ignore", lol. I can't take it!
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#86 |
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#87 | |
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Our specialty is poorly defined, the services intangible and the outcomes indeterminate, the clients either impoverished or fleeing a lynch mob, etc. We are the janitorial arm of the police. How much do the beat cops make in your districts?
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#88 | |
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Last edited by RGMSU; 11-07-2009 at 07:59 PM. |
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#89 |
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Hah, one of your own colleagues said my posts were "great."
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#90 |
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I've been following this thread, and I really think everyone has brought up some excellent points. This is a lot of food for thought...
RGMSU: I also think you have some good points as someone who is an "outsider". There are somethings that I think you gloss over though, and that is what is getting their hackles up (including mine ). I think though when I read hard enough, you are basically saying what others are saying. Also, I would say that a minister is not trained in suicide prevention. I don't know about a social worker. Either way, there is research about suicide and suicide prevention and specific training which makes this sort of intervention most effective. Not to mention all the legal stuff. I would say this is a acquired skill. But really, this isn't that relevant to the OP so we'll leave it at that. I sometimes wonder if we find ourselves in this situation of lack of monetary compensation due to the nature of the profession. We self select into this area, and are perhaps mediators, soothers, problem solvers of the non-direct kind. I just think that if MDs and lawyers were getting paid as little as us for the amount of blood sweat and tears they wouldn't be saying, "Well... it's not that bad."I don't know, I'm kind of mad for all of us, and mad that the APA hasn't been working harder for us. |
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#91 |
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Physicians save lives. But psychologists make life worth living. :-)
I disagree. The problem is not public perception, or even actual value added. Our work is very valuable, and most patients are satisfied with the services we provide. No one I talk to in the public questions the need for psychologists. Most people have experienced depression and anxiety, and would gladly pay if they could keep it from interfering with their lives. If anything, our importance has been increased lately with the struggles people face in this recessions and the shootings in the news. Psychologists are just as critical as dentists, pharmacist, optometrists, podiatrists, etc. Lest you forget, pharmacists have been called glorified pill-counters, dentists tooth mechanics, and optometrists having the easiest job of asking "1 or 2?" All of these stereotypes are silly. It's pointless to debate which job is more difficult, creative, important, etc. because we all do different but necessary services. The difference is that their mid-levels enhance their income, not take away from it. Dental hygenists work for dentists, and pharmacy techs work for pharmacists. Instead of having MSWs/MFTs work for us, we've allowed them to practice independently and basically replace us cheaply. Furthermore, most of my friends get their Pharm.D. and D.D.S. degrees from major four-year universities, not Alliant/Agrosy/Fielding like the new wave of psychologists. Remember, prior to the 1990s, Ph.D. clinical psychologists were often reimbursed fully and unquestionably by insurance companies, and were not competing with MSWs/MFTs/PsyDs. Psychologists used to be able to easily make $100+K in private practice before the managed care clampdown. Until the supply & demand issue is addressed, our salaries and reimbursement will be suppressed because corporations always try to get away with saving money. Supply and demand, that's it. Unfortunately, this isn't going to change anytime soon. Academic clinical psychologists have their heads up their asses. They mostly don't want to train clinicians because they want to mold researchers like themselves, and don't care about issues their clinical colleagues face, because they have tenured salaries. The APA is corrupt, and gets kickbacks from accrediting all these professional schools. If you want this to end, get political and join organizations like NAPPP, or lobby/unionize for change. Last edited by positivepsych; 11-07-2009 at 09:15 PM. |
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#92 | |
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T4C, you are right. It is lacking. I think my point is we are trying to systematically address it rather than taking a crack at it like a minister would.
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#96 | ||
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Managed care is a ship no provider should have ever allowed to leave the harbor. Now we have about a dozen entities between us and our patients. I'm afraid that isn't ever going to change, and in fact might get worse. It could change, but it sure as heck wouldn't be easy to turn that ship around. |
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#99 |
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That was a mis-read on my part. Honestly, my only goal in even paying any attention to the psychology forums is to try to have an interdisciplinary approach and see the common ground. There are reasons I am repetitious about my supposed "intense concerns."
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#100 | |
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A Student of Life
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| Show Me The Money! (Making money in medicine) | astrife | Topics in Healthcare | 50 | 12-08-2005 06:41 PM |
| How much money money do you expect to make after you're done with residency | jurmanium | Pre-Medical Allopathic [ MD ] | 31 | 10-25-2005 08:28 PM |
| DAT score - am I wasting my money by responding to school requests to send money? | ruben22 | Pre-Dental | 8 | 09-25-2005 02:13 PM |
| osteopathic schools r not the real thing, but a creation for greed (money money money | ramz | Pre-Medical Osteopathic [ DO ] | 40 | 12-26-2002 07:27 AM |
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