Do primary care docs in rural areas really make $300K-400K? Is this the norm or the exception?

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Is this pretty standard for primary care in any rural area, or just the particularly isolated ones (like, eastern Montana isolated)? Are the ones who reach that level working 80 hrs/week, every week, while also constantly being on call with no breaks? Or does simple supply and demand give them the leverage to negotiate that salary while also maintaining a good work-life balance?

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I think you can make 300k/year working 5 days a week as a family medicine doctor. Doesn’t even have to be in a rural area. If you have a busy practice and see 25-30 patients a day, the rvu’s Add up...
 
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I live not very rural in the northwest, IM PCP's are making $300k for 4 1/2 days a week, 8-5, 15-20 patients per day.
 
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300K is pretty standard for rvu based compensation with full patient panel and a physician that actually has a full work week (not doing the 3.5-4 day thing that seems common)
 
300k is reasonable..400k might be pushing it. Though my experience has been with private so I'm not sure what the group guys make.. but all the FM docs I worked with were making in the 325 range. One of them flat out told me..if you are a FM doc in private practice and you arent hitting 300..you are doing something wrong.
 
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300k is reasonable..400k might be pushing it. Though my experience has been with private so I'm not sure what the group guys make.. but all the FM docs I worked with were making in the 325 range. One of them flat out told me..if you are a FM doc in private practice and you arent hitting 300..you are doing something wrong.
The real question is are those guys making 300K working a regular 9 - 5 or 60 hours plus 2-3 more hours dictating every night.
 
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The real question is are those guys making 300K working a regular 9 - 5 or 60 hours plus 2-3 more hours dictating every night.
Doc I worked with did 9-5 M-F...1 weekend call per month covering the hospital. He would stay on Fridays until 630 or so finishing notes that he may have open but his EMR, while dated, was very efficient so he was able to finish all his notes on time most days. He also incorporated some procedures in his practice..basic PFTs, cryo for simple lesions, shave biopsies, etc...though he did this more as a service to patients as the reimbursement rates made some procedures more time consuming than anything. Everything was done in house..in terms of labs and vaccinations..and he has pretty good relationships with the specialists in town as well as an imaging center and physical therapy group. He has a pretty sweet gig..but I'm sure he put in tough work on the front end to get his practice to where it is at currently.
 
It’s possible. I go to school in a rural area and spent my 3rd year in a relatively rural area as well (to most).

1) Private practice with procedures. A lot of family medicine doctors nowadays forego doing procedures or biopsies in the office and refer most of them out. But the private practice doc I did my first rotation with did a ton in his office for a few extra bucks. This can include cryotherapy for AKs, shave biopsies, much biopsies, joint injections, laceration repair, toenail cutting and shaving for diabetics, etc.

2) No-life it and do combined inpatient and outpatient medicine. In the rural area a lot of the docs did rounds on 10-20 people at 5am and then had the med student write the notes and meet them at the outpatient clinic. They’d then see 20-30 patients at the clinic and do evening rounds. Some even combined the two models and did procedures as well. A lot of them were IM trained but in a rural area it doesn’t matter, IM and FM are doing the same thing. This is also the old-school model of doing things but now it pays a lot better to manage your own patients rather than admit to a hospitalist. The ones that still did this on my rotations were all grossing over $1 million (one showed me his tax returns at a party at his house), but working 12+ hour days including weekend call every 4 weeks, with at least 1 being on the verge of divorce.
 
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It’s possible. I go to school in a rural area and spent my 3rd year in a relatively rural area as well (to most).

1) Private practice with procedures. A lot of family medicine doctors nowadays forego doing procedures or biopsies in the office and refer most of them out. But the private practice doc I did my first rotation with did a ton in his office for a few extra bucks. This can include cryotherapy for AKs, shave biopsies, much biopsies, joint injections, laceration repair, toenail cutting and shaving for diabetics, etc.

2) No-life it and do combined inpatient and outpatient medicine. In the rural area a lot of the docs did rounds on 10-20 people at 5am and then had the med student write the notes and meet them at the outpatient clinic. They’d then see 20-30 patients at the clinic and do evening rounds. Some even combined the two models and did procedures as well. A lot of them were IM trained but in a rural area it doesn’t matter, IM and FM are doing the same thing. This is also the old-school model of doing things but now it pays a lot better to manage your own patients rather than admit to a hospitalist. The ones that still did this on my rotations were all grossing over $1 million (one showed me his tax returns at a party at his house), but working 12+ hour days including weekend call every 4 weeks, with at least 1 being on the verge of divorce.
Depending on your setup, procedures can be a money loser. For example, it would take 2 joint injections to equal the amount of money I get seeing 1 patient. Now doing the injection itself is very fast, but the setup can take time if your staff isn't efficient about it.
 
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It's all about what you do, how you do it, efficiency and volume. 80hours a week could make you higher 6 figures easily if you do it right.
 
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Yeah FM my preceptors in Med school at a small town quasi rural site made mid 300s. Data was obtained by pulling the hospital and physician group 990s.

One of the residents started a job in a truly rural area at $360 plus loan repayment plus a few other perks. True rural practice that was desperate for a physician; just happened to be his home
Town.
 
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Nobody gives you the money. You have to see a ton of patients to hit 400k. Don't forget call and weekends, not to mention compliance training, and mandatory meetings which generates zero rvus and will cut into productivity and bonuses 250 to 300k for busy FM in our state which has poor reimbursement.
 
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400k a year as a hard working FM physician? Haha, no my dude. You won't get that amount of money through hard work. That's the kind of money the upper class rakes in with relative to you no effort, i.e. the adolescent influencers on social medias raking in millions a month or the 19 year old who just signed a 6 year old contract of 200 million USD with the local NFL team or how about the 13 year old Brazlilian chick on instagram who takes pictures of herself in various poses and gets paid 500.000 a month for it?

Physicians work for slave money. Society thinks we're overpaid. Sad but truth.

Either way I hope you find the salary you deserve!
 
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400k a year as a hard working FM physician? Haha, no my dude. You won't get that amount of money through hard work. That's the kind of money the upper class rakes in with relative to you no effort, i.e. the adolescent influencers on social medias raking in millions a month or the 19 year old who just signed a 6 year old contract of 200 million USD with the local NFL team or how about the 13 year old Brazlilian chick on instagram who takes pictures of herself in various poses and gets paid 500.000 a month for it?

Physicians work for slave money. Society thinks we're overpaid. Sad but truth.

Either way I hope you find the salary you deserve!

Have you ever had a blue-collar job at all?
 
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Have you ever had a blue-collar job at all?

I have experienced all kinds of jobs, including those in the entertainment field. And wtf was the point of your comment? Do you know what a physician has to go through? Don't equalize manual labor with the mental agony that will forever leave a scar of various personal significance in every physician. Not to mention the outrageous debt and bureaucracy and other ****ty stuff associated with the profession. I find your comment extremely insulting.
 
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Yes, it's very possible. Your chances are higher in a rural area because you can negotiate a better conversion factor for your services.

I know people that do it working a 9-5 M-F schedule. To do so, you have to see a decent volume: this means being quick/efficient/not having 40 minute conversations with every patient, mixing in certain procedures, and (the best scenario) having an ownership stake in your practice. As to whether or not you stay afterwards for 3 hours dictating notes - depends on your system. Some have scribes. Some have efficient EMRs. Some don't.
 
I have experienced all kinds of jobs, including those in the entertainment field. And wtf was the point of your comment? Do you know what a physician has to go through? Don't equalize manual labor with the mental agony that will forever leave a scar of various personal significance in every physician. Not to mention the outrageous debt and bureaucracy and other ****ty stuff associated with the profession. I find your comment extremely insulting.
No body is holding a gun to anyone's head to go into medicine. If you are capable of getting signed to the NFL you should do that. Bankers put in many hours without the stability in medicine, and crab fishermen, and many people with manual jobs and other physically demanding and dangerous jobs put in lots of hours for less pay. Your comments make you seem like you have never actually experienced poverty or worked multiple manual labor jobs for very little pay. American doctors btw are some of the best reimbursed in the world, and yet our patients and population has little gains to show for compared to other industrialized nations.
 
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I have experienced all kinds of jobs, including those in the entertainment field. And wtf was the point of your comment? Do you know what a physician has to go through? Don't equalize manual labor with the mental agony that will forever leave a scar of various personal significance in every physician. Not to mention the outrageous debt and bureaucracy and other ****ty stuff associated with the profession. I find your comment extremely insulting.

I find your assertion that physicians in the United States (who are in the wealthiest 1% of all humans in the history of our species) are payed “slave wages” to be offensive.

Moral injury exists in other professions, and without a Mercedes Benz to air-dry the tears.

I am in no way minimizing what physicians go through, but if you seriously think physicians have it particularly bad here/now compared to elsewhere/historically, you simply need to travel more and learn more.
 
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I find your assertion that physicians in the United States (who are in the wealthiest 1% of all humans in the history of our species) are payed “slave wages” to be offensive.

Moral injury exists in other professions, and without a Mercedes Benz to air-dry the tears.

I am in no way minimizing what physicians go through, but if you seriously think physicians have it particularly bad here/now compared to elsewhere/historically, you simply need to travel more and learn more.

I take issue with how you and many others compare the revenue of physicians to the average household income in the US. Doctors compose the outskirts of the maximum revenue possibility of the academic circle. Contrast this with the outskirt of the entertainment/finance/entreprenaural/music/pornography circle to avoid measurement bias. Calculate the money difference ratio and you'll realize that we're talking about slave wages for the doctor. I can't believe this. Doctors are outrageously underpaid for what they do and have done.
 
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I take issue with how you and many others compare the revenue of physicians to the average household income in the US. Doctors compose the outskirts of the maximum revenue possibility of the academic circle. Contrast this with the outskirt of the entertainment circle to avoid measurement bias. Calculate the money difference ratio and you'll realize that we're talking about slave wages for the doctor. I can't believe this. Doctors are outrageously underpaid for what they do and have done.

What do you think a fair salary for a hospitalist is?
 
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I take issue with how you and many others compare the revenue of physicians to the average household income in the US. Doctors compose the outskirts of the maximum revenue possibility of the academic circle. Contrast this with the outskirt of the entertainment/finance/entreprenaural/music/pornography circle to avoid measurement bias. Calculate the money difference ratio and you'll realize that we're talking about slave wages for the doctor. I can't believe this. Doctors are outrageously underpaid for what they do and have done.
Irrelevant tirades like yours seriously degrade the quality of this website. If you're not going to contribute something meaningful and helpful then please don't comment.
 
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Dear god people is 250k minimum salary not good enough? I mean it comes off as entitled as hell
 
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Irrelevant tirades like yours seriously degrade the quality of this website. If you're not going to contribute something meaningful and helpful then please don't comment.

I'm getting irritated. Dude, people like you ignoring the money talk is precisely why physicians won't do anything for the declining reimbursements and soon the US doctor salaries will equalize the horrendous 60k/year salaries in Europe. We have families to feed, colleges to fund, retirement to contribute to, debts to pay after all these slave years. If I read your comment between the lines these things mean nothing to you. Are you a European socialist or something?

Regarding the hospitalist question. I think that any US doctor should make at least the lower end of the average salary calculated from the same quantity of physicians in the US as there are in the fields outside of academia, in the same area of the circle i described earlier. That roughly comes down to 15 million USD per year. If this is an eye-opener for you, then you probably never realized how overpaid those folks that irriate me to the teeth actually make. Best part is when they claim they go bankrupt. Stupid lucky idiots they are.

Also, you can't just look at the physician salary and be like ohh, that's great. No, it isn't. You have to be considerate of the effort put into whatever that lead to that money. 250k a year in passive income? That's outstanding! 250k a year as an actively working physician? Dude, that stinks. I'll be lucky to have money for noodles after my monthly pays for my 500k+ med school debt, retirement contributions and other essential expenses.
 
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I'm getting irritated. Dude, people like you ignoring the money talk is precisely why physicians won't do anything for the declining reimbursements and soon the US doctor salaries will equalize the horrendous 60k/year salaries in Europe. We have families to feed, colleges to fund, retirement to contribute to, debts to pay after all these slave years. If I read your comment between the lines these things mean nothing to you. Are you a European socialist or something?

Regarding the hospitalist question. I think that any US doctor should make at least the lower end of the average salary calculated from the same quantity of physicians in the US as there are in the fields outside of academia, in the same area of the circle i described earlier. That roughly comes down to 15 million USD per year. If this is an eye-opener for you, then you probably never realized how overpaid those folks that irriate me to the teeth actually make. Best part is when they claim they go bankrupt. Stupid lucky idiots they are.
Okay this makes it a troll post. That answers a lot of questions
 
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Okay this makes it a troll post. That answers a lot of questions

We humans mock what we don't understand. Clearly you don't understand what direction our salaries are going. One day you will when your frat bro in college who studied finance and is the CEO of your hospital drives his new Lambo while you're struggling with your Toyota corrola. By then it'll be to late to change our situation for the better and medicine, while noble just like teaching, will be compensated just like teachers are aka insultingly low.
 
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We humans mock what we don't understand. Clearly you don't understand what direction our salaries are going. And when you do, it'll be to late to change it for the better.
Dude you have zero clue how the world works. Do you honestly think a doc deserves 15 mil? Imagine paying all the docs that much, not to mention even more for specialists and such. Do you think that would help public perception of docs anyway? There is no way salaries are gonna magically plummet. Otherwise nobody would go into medicine and people would die. Sure people outside medicine are overpaid but that doesn't mean we deserve that much. Even with that 250k number I will be making more than both parents and grandparents combined. 250k for even the worst of the grads that match is unbelievable.

You don't realize what a normal person makes. Doctors are already top 10% ish of earners (not sure on that figure but its up there). You haven't experienced anywhere near what your patients live like if you have this mindset. This is a prime example of why people need to have some sort of actual work before going to medical school. Good luck on your crusade for doctors to get paid 15 million. I guarantee I understand more than you when it comes to this
 
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Dude you have zero clue how the world works. Do you honestly think a doc deserves 15 mil? Imagine paying all the docs that much, not to mention even more for specialists and such. Do you think that would help public perception of docs anyway? There is no way salaries are gonna magically plummet. Otherwise nobody would go into medicine and people would die. Sure people outside medicine are overpaid but that doesn't mean we deserve that much. Even with that 250k number I will be making more than both parents and grandparents combined. 250k for even the worst of the grads that match is unbelievable.

You don't realize what a normal person makes. Doctors are already top 10% ish of earners (not sure on that figure but its up there). You haven't experienced anywhere near what your patients live like if you have this mindset. This is a prime example of why people need to have some sort of actual work before going to medical school. Good luck on your crusade for doctors to get paid 15 million. I guarantee I understand more than you when it comes to this

You are correct from a socialist viewpoint. We don't deserve that much money. No human should make beyond whatever that threshold adjusted for essential human expenditure-salary number is, 80k a year maybe? And Justin Bieber sure as hell doesn't deserve his 250 million USD. Or was it 300 million USD? Yup, just googled it.

When I discuss things I put myself outside and view the world from an objective standpoint. And in it, I don't see socialism dominating in the US. Your perspective is not applicable here. Frankly, it's insulting when you emphasize that physicians in particular don't deserve the money.

I discuss facts in their rawest form. Not influenced by any ideology. And from this view, physicians are factly underpaid until they reach the number I described above. You might say it's not feasible. But to me Microsoft shelling out 2.5 billion US dollars for a small videogame to a Swedish guy who worked on it in his basement a couple of hours a week is not feasible either. And neither is Dwayne Johnson demanding at least 9 figures for each movie his in. But it works. And therefore so should the salary number above for physicians.
 
I am the furthest thing from a socialist. I’m just a realist. Again, I don’t deny Bieber doesn’t deserve 300 mil. But also, people buy his music and go to concerts so technically he earned it.

In fact, trying to take from the rich because they “don’t deserve it” is more socialist than anything I’ve said
 
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I am the furthest thing from a socialist. I’m just a realist. Again, I don’t deny Bieber doesn’t deserve 300 mil. But also, people buy his music and go to concerts so technically he earned it.

In fact, trying to take from the rich because they “don’t deserve it” is more socialist than anything I’ve said
You being a realist is the problem. You're a passive person. You won't do anything for the reimbursement situation. You're passive and just go wherever the wind carries you. Because that's life for you. I oppose the wind. I oppose an unfair life. I want things to become better for those that truly deserve it. This is not a matter of taking from the rich and give to the poor. This is a matter of empowering those that should have it better. And physicians, when their conditions and experiences have been adjusted and contrasted to the likes of Bieber, are those that need to be empowered.

This doesn't merit any further discussion. You are entitled to your realism/socialist hybrid or whatever it is that drives you to insult physicians by implicitly saying they don't deserve the money I have proposed they ought to earn (after careful studies I've conducted too btw, not just a number i pulled out of my ass). And I am entitled to spread awareness that hopefully will open physicians' eyes and realize what lies ahead. This marks the end of my contributions to the side-subject I started in this thread.
 
You being a realist is the problem. You're a passive person. You won't do anything for the reimbursement situation. You're passive and just go wherever the wind carries you. Because that's life for you. I oppose the wind. I oppose an unfair life. I want things to become better for those that truly deserve it. This is not a matter of taking from the rich and give to the poor. This is a matter of empowering those that should have it better. And physicians, when their conditions and experiences have been adjusted and contrasted to the likes of Bieber, are those that need to be empowered.
Idk man I'm pretty damn happy with my (likely) 300+k job minimum with the best job security on the planet. If you have had any sort of exposure to how the rest of the world lives, you would realize how much that truly is. Instead, you 'opposing the wind' comes off as a whiny entitled brat who just wants money because "med school is hard :/". Life ain't fair cupcake good luck with your battle. I'm out
 
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Dude you have zero clue how the world works. Do you honestly think a doc deserves 15 mil? Imagine paying all the docs that much, not to mention even more for specialists and such. Do you think that would help public perception of docs anyway? There is no way salaries are gonna magically plummet. Otherwise nobody would go into medicine and people would die. Sure people outside medicine are overpaid but that doesn't mean we deserve that much. Even with that 250k number I will be making more than both parents and grandparents combined. 250k for even the worst of the grads that match is unbelievable.

You don't realize what a normal person makes. Doctors are already top 10% ish of earners (not sure on that figure but its up there). You haven't experienced anywhere near what your patients live like if you have this mindset. This is a prime example of why people need to have some sort of actual work before going to medical school. Good luck on your crusade for doctors to get paid 15 million. I guarantee I understand more than you when it comes to this
Even ignoring all of that, physicians just don't generate that much money.

As a family doctor, if I got every single cent from every patient I saw and every test I ordered and every referral I sent that would still only come out to a little over 2 million per year. There is not some magical pile of money that all these administrative folks are making off of us to the tune of 15 million dollars. Do they make money off of all of us? Yes, obviously. Is it a huge amount? Not generally. That's why private practice doctors do have the ability to make more than employed doctors, but not usually by all that much. We're talking maybe 20-30% more per patient volume at most.
 
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You being a realist is the problem. You're a passive person. You won't do anything for the reimbursement situation. You're passive and just go wherever the wind carries you. Because that's life for you. I oppose the wind. I oppose an unfair life. I want things to become better for those that truly deserve it. This is not a matter of taking from the rich and give to the poor. This is a matter of empowering those that should have it better. And physicians, when their conditions and experiences have been adjusted and contrasted to the likes of Bieber, are those that need to be empowered.

This doesn't merit any further discussion. You are entitled to your realism/socialist hybrid or whatever it is that drives you to insult physicians by implicitly saying they don't deserve the money I have proposed they ought to earn (after careful studies I've conducted too btw, not just a number i pulled out of my ass). And I am entitled to spread awareness that hopefully will open physicians' eyes and realize what lies ahead. This marks the end of my contributions to the side-subject I started in this thread.
So you think Doctors should get reimbursed like Musicians and Athletes. News flash, for every one beiber there is there are hundreds of thousands of beiber equivalents waiting tables. For every Athlete there are hundreds of thousands of people not nearly as good enough. So basically there is one DR. OZ and there are hundreds of thousands of other doctors. There are already doctors that make that kind of money. They dont play in league that majority of doctors play in.

Why dont you create a company and generate some income, or show your talent to the world like beiber and generate fans willing to pay. I am sure it is an easy task and you can make 15 million dollars as a doctor. Medicaid aint gonna pay you that much tho.

Perhaps you can bootstrap your way through life like an ayn rand novel to become a trillionare doctor that you deserve to be.
 
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It depends on what you’re doing. Are you flexing NPs or seeing everyone yourself? Are you doing colonoscopies at the local hospital or clinic only? Do you have your own lab for routine tests or do you send everything out? Do you run fat and employ 1/4 of the town or are you lean and mean? Do you spend 45 minutes with every patient or 4/hr? Are your patients all destitute rural government/self pay or are they all union folks with decent insurance from the factory?
That’s the difference between fighting to keep the practice viable and laughing all the way to the bank.
My old buddy is a true rural small town solo practice. He stared at B and now he’s at A. He’s also the richest guy in town outside of the family that owns the mines.
 
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Dude you have zero clue how the world works. Do you honestly think a doc deserves 15 mil? Imagine paying all the docs that much, not to mention even more for specialists and such. Do you think that would help public perception of docs anyway? There is no way salaries are gonna magically plummet. Otherwise nobody would go into medicine and people would die. Sure people outside medicine are overpaid but that doesn't mean we deserve that much. Even with that 250k number I will be making more than both parents and grandparents combined. 250k for even the worst of the grads that match is unbelievable.

You don't realize what a normal person makes. Doctors are already top 10% ish of earners (not sure on that figure but its up there). You haven't experienced anywhere near what your patients live like if you have this mindset. This is a prime example of why people need to have some sort of actual work before going to medical school. Good luck on your crusade for doctors to get paid 15 million. I guarantee I understand more than you when it comes to this
It takes a high level of brain power (not genius, but not just "above average" either) to score high enough on the MCAT and get good grades in college. The vast majority of the population would have 0 chance at getting into med school. The raw genetic talent isn't there, that's a hard concrete fact. Ive seen people who were at least average in talent get insane tutoring + study nonstop and still did poorly vs other premeds who studied far less. You can compensate for a slight lack of talent via extreme hard work but that only works when you're batting close to the league. Not playing in a different one.

So by being in the top 5% or so of intelligence in society, at least, doctors go on to make in the top 2% of income (variable from top 1% to the 3%). Certainly, doctors in their 30s are well above the top 1% of income for their age bracket.

So, people in the top 5% or so talent wise making top 1-3% income. I think physician income is fair as it is.

Elite athletes and celebrities often have the same raw genetic talent except it's in the top 0.1%. They also then make top 0.1% money.
Likewise, the average person is around the middle 50th percentile of natural talent and goes onto make average income aka 40-65k a year.

I'd say life and society is indeed fair in that sense but also unfair that you are strictly bound to your level of talent.
 
I don't think this guy actually understands how capitalism or free markets work.

You're making all these assumptions based on what you feel is fair. "Bieber doesn't deserve to make 300 million." Capitalism doesn't care about your feelings. It's about how much revenue you generate.

Guess how many people pay to see Lebron play, buy Lebron jerseys/shoes, etc? Millions. His economic impact on a franchise has been estimated at +$60 million a year. From a capitalistic point of view, he's actually underpaid.

Physician income is based on what we generate. No physician generates $15 million or anywhere close in revenue.

Do I think athletes/actors are overpaid? From a moral/personal point of view, absolutely. Their societal value is limited compared to other professions. But I still go to football games, I still go to see movies in the theaters, and continue to support them. From an economic standpoint, they're only paid a portion of the revenue they generate.
 
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I don't think this guy actually understands how capitalism or free markets work.

You're making all these assumptions based on what you feel is fair. "Bieber doesn't deserve to make 300 million." Capitalism doesn't care about your feelings. It's about how much revenue you generate.

Guess how many people pay to see Lebron play, buy Lebron jerseys/shoes, etc? Millions. His economic impact on a franchise has been estimated at +$60 million a year. From a capitalistic point of view, he's actually underpaid.

Physician income is based on what we generate. No physician generates $15 million or anywhere close in revenue.

Do I think athletes/actors are overpaid? From a moral/personal point of view, absolutely. Their societal value is limited compared to other professions. But I still go to football games, I still go to see movies in the theaters, and continue to support them. From an economic standpoint, they're only paid a portion of the revenue they generate.
There are definitely some surgeons who have made 8 figures in 1 year. It's possible if you're a top end plastics, a top of the line workhorse spine surgeon or optho.
So we actually do have doctors who make a lot. We also have a lot of doctors who make low 7 figures, even in family medicine.
 
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It takes a high level of brain power (not genius, but not just "above average" either) to score high enough on the MCAT and get good grades in college. The vast majority of the population would have 0 chance at getting into med school. The raw genetic talent isn't there, that's a hard concrete fact. Ive seen people who were at least average in talent get insane tutoring + study nonstop and still did poorly vs other premeds who studied far less. You can compensate for a slight lack of talent via extreme hard work but that only works when you're batting close to the league. Not playing in a different one.

So by being in the top 5% or so of intelligence in society, at least, doctors go on to make in the top 2% of income (variable from top 1% to the 3%). Certainly, doctors in their 30s are well above the top 1% of income for their age bracket.

So, people in the top 5% or so talent wise making top 1-3% income. I think physician income is fair as it is.

Elite athletes and celebrities often have the same raw genetic talent except it's in the top 0.1%. They also then make top 0.1% money.
Likewise, the average person is around the middle 50th percentile of natural talent and goes onto make average income aka 40-65k a year.

I'd say life and society is indeed fair in that sense but also unfair that you are strictly bound to your level of talent.
Family doctors are not making 7 figures seeing patients
 
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That derailed quickly in true OG SDN style..

OP, yes, PC is a great way to make $300K+ with bankers hours. You could make more depending on your model and business savvy, but any competent physician with a decent work ethic should be in the ballpark of 300K.
 
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It takes a high level of brain power (not genius, but not just "above average" either) to score high enough on the MCAT and get good grades in college. The vast majority of the population would have 0 chance at getting into med school. The raw genetic talent isn't there, that's a hard concrete fact. Ive seen people who were at least average in talent get insane tutoring + study nonstop and still did poorly vs other premeds who studied far less. You can compensate for a slight lack of talent via extreme hard work but that only works when you're batting close to the league. Not playing in a different one.

So by being in the top 5% or so of intelligence in society, at least, doctors go on to make in the top 2% of income (variable from top 1% to the 3%). Certainly, doctors in their 30s are well above the top 1% of income for their age bracket.

So, people in the top 5% or so talent wise making top 1-3% income. I think physician income is fair as it is.

Elite athletes and celebrities often have the same raw genetic talent except it's in the top 0.1%. They also then make top 0.1% money.
Likewise, the average person is around the middle 50th percentile of natural talent and goes onto make average income aka 40-65k a year.

I'd say life and society is indeed fair in that sense but also unfair that you are strictly bound to your level of talent.
Agreed. No one is debated or questioning how economics works. All we're saying is that nearly every celebrity (actors, models, singers etc.) got their break largely based on luck
 
Agreed. No one is debated or questioning how economics works. All we're saying is that nearly every celebrity (actors, models, singers etc.) got their break largely based on luck
I got into medical school based on luck too. I’m sure of it
 
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I got into medical school based on luck too. I’m sure of it
Of course luck plays a role in a little bit of everything, but for med school you had to meet very specific requirements to have a chance. Do you really think everything in the entertainment industry is based off of who worked the hardest?
 
Of course luck plays a role in a little bit of everything, but for med school you had to meet very specific requirements to have a chance. Do you really think everything in the entertainment industry is based off of who worked the hardest?
I think hard work plays a very big part in being successful in entertainment. A lot of big strong athletes are not quite good enough and have to work extremely hard just to be average in the NFL. Faith Hill waited tables for years before breaking through. Sure, nobody gets anywhere without some help. It's why I always try to pay it forward.
 
I think hard work plays a very big part in being successful in entertainment. A lot of big strong athletes are not quite good enough and have to work extremely hard just to be average in the NFL. Faith Hill waited tables for years before breaking through. Sure, nobody gets anywhere without some help. It's why I always try to pay it forward.
I was talking less about athletes more about actors I guess. Luck and who you know plays a much greater role, then say sports or medicine.
 
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Family doctors are not making 7 figures seeing patients
The person was talking total revenue, aka billings. So yes there would some billing that much.

I think hard work plays a very big part in being successful in entertainment. A lot of big strong athletes are not quite good enough and have to work extremely hard just to be average in the NFL. Faith Hill waited tables for years before breaking through. Sure, nobody gets anywhere without some help. It's why I always try to pay it forward.
Those athletes are still extremely talented that they're allowed to the party.
 
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