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Since I certainly can't discuss my potentially stupid idea with PD-types in person, I would like to hear the input from my future colleagues on a semi-anonymous forum.
I will never be "wealthy" as an EP. My partner has demonstrated to me the ease with which serious coin can be garnered in other professions. Emergency Medicine is the thing I want to do with my life and I would do it for near nothin' if I could. However, I have a crazy amount of debt and I do enjoy travel, decent cheese and very expensive bicycles.
Payor-mix is the gold stone we all tag when job searching. It is also the great vulnerability in the EM world. As fewer private employers offer insurance and as premiums increase for everybody else, the reimbursement struggle is getting harder and harder.
Combine this with the inordinate amount of resources groups like ACEP put forth in an effort to hold-the-line on medicare funding and future incomes really begin to look like a house of cards.
No matter your political leaning, I think we can collectively acknowledge that the GOP has failed to maintain power. The coming democratic presidency is largely predicated on some form of universal healthcare. The public has voted and is sick of not being able to afford getting sick. 50% of the bankruptcies filed have medical bills as a primary source of debt. Our countrymen want coverage. What will this look like? What will it mean for the doc in the trench? Is there anyone who thinks that today's income will continue for the next decade? What should we do?
While it is a hated piece of legislation, EMTALA is a major pull for me and many of my more altruistic leaning applicant colleagues. The 'take all comers' role of the EP is an aspect of EM of which I am very proud. We are the profession with a federal mandate to provide care. This has never been funded. We have settled for the paradigm of bridging the self-payers and un-reimbursed. This has worked well for the past twenty years. It is grinding to a stop.
Idea (not new, but I think worth discussing)
What if EM became the first group of federally employed physicians on a national scale? (cue panda, FF, and flighterdoc)
One route to success for this shift would entail negotiation started by us. Making demands now for a wage along the median incomes of today's EPs with an ironclad cost-of-living annual raise would be a start. Add loan forgiveness, insurance and retirement and this could look pretty good for the majority of current clinicians.
Overnight we would see the dissolution of med-mal reform. It's a little harder to sue a government entity. The push back against medicare would die. Our political dollars could go toward actual patient care initiatives including a national EMS system and fluid EMR.
Down sides-decrease in productivity, loss of our already flagging autonomy, getting screwed on the next fiscal cycle a la Canada's docs in the 80s etc. etc.
So, is this ridiculous fantasy? Could we be arbiters of our own fiscal health? Or, will I spend the majority of my career hoping the gov't agrees to pay me enough to pay back their loans while working for a public that can't/won't pay me for my legally required service? Whew!
I will never be "wealthy" as an EP. My partner has demonstrated to me the ease with which serious coin can be garnered in other professions. Emergency Medicine is the thing I want to do with my life and I would do it for near nothin' if I could. However, I have a crazy amount of debt and I do enjoy travel, decent cheese and very expensive bicycles.
Payor-mix is the gold stone we all tag when job searching. It is also the great vulnerability in the EM world. As fewer private employers offer insurance and as premiums increase for everybody else, the reimbursement struggle is getting harder and harder.
Combine this with the inordinate amount of resources groups like ACEP put forth in an effort to hold-the-line on medicare funding and future incomes really begin to look like a house of cards.
No matter your political leaning, I think we can collectively acknowledge that the GOP has failed to maintain power. The coming democratic presidency is largely predicated on some form of universal healthcare. The public has voted and is sick of not being able to afford getting sick. 50% of the bankruptcies filed have medical bills as a primary source of debt. Our countrymen want coverage. What will this look like? What will it mean for the doc in the trench? Is there anyone who thinks that today's income will continue for the next decade? What should we do?
While it is a hated piece of legislation, EMTALA is a major pull for me and many of my more altruistic leaning applicant colleagues. The 'take all comers' role of the EP is an aspect of EM of which I am very proud. We are the profession with a federal mandate to provide care. This has never been funded. We have settled for the paradigm of bridging the self-payers and un-reimbursed. This has worked well for the past twenty years. It is grinding to a stop.
Idea (not new, but I think worth discussing)
What if EM became the first group of federally employed physicians on a national scale? (cue panda, FF, and flighterdoc)
One route to success for this shift would entail negotiation started by us. Making demands now for a wage along the median incomes of today's EPs with an ironclad cost-of-living annual raise would be a start. Add loan forgiveness, insurance and retirement and this could look pretty good for the majority of current clinicians.
Overnight we would see the dissolution of med-mal reform. It's a little harder to sue a government entity. The push back against medicare would die. Our political dollars could go toward actual patient care initiatives including a national EMS system and fluid EMR.
Down sides-decrease in productivity, loss of our already flagging autonomy, getting screwed on the next fiscal cycle a la Canada's docs in the 80s etc. etc.
So, is this ridiculous fantasy? Could we be arbiters of our own fiscal health? Or, will I spend the majority of my career hoping the gov't agrees to pay me enough to pay back their loans while working for a public that can't/won't pay me for my legally required service? Whew!