Purely salary question

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moneymoneymoney said:
Why cant folks on SDN give an objective answer. I did not ask for opinions on what i should care about or whether my rationale is ethical. I was under the impression that SDN is a place where one can get answers to their questions. Am I wrong?
I shadowed podiatrists, i shadowed doctors. I would be happy doing either. hence the phrase "I don't care if i am a podiatrist or MD"
So in the end, a part of my decision will rest on the dollars and cents outcome i can expect practicing in any of these fields.

I don't want to put myself through 4 years of graduate school and 3+ years residency to discover I made the wrong financial decision. Because, as much as many of you would like to disagree, becoming a physician of any kind IS (among other things) a financial decision.

Anklebreaker- thanks for the direct response to the question
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Honestly, I came to this web site for the same reasons..Asking for help. I was told a few weeks ago by a board member hear that I might get one interview to podiatry school. Well I have 3 interviews an only applied to 4 schools. Still havent hear back from the 4th school. The point I am trying to make is, taking EVERYTHING you hear here with a grain of salt.
Members don't see this ad.
 
Members don't see this ad :)
http://benbrownmd.wordpress.com/

How could this happen? Many professions go on strike at even the smallest pay cuts. Of course that is not an option for doctors because it would cause countless patient deaths, but how is the perception still prevalent that all doctors are rich and play golf for half the week?
For a doctor to have about the same hourly pay as a high school teacher is not at all what I would have expected.
 
I mean, a lot of docs do play golf every week, and drive fast cars, etc. the reason it's okay is because your income IS higher. This article takes into account all the work you did in undergrad, med school, etc. Docs usually don't live extravagant lives during this time, but can because the bulk of the income is made after 30. Teachers have ten extra years of income before you start working and a government provided pension after your done. So youll have student loans forever and a house payment forever, and a car payment forever, but because the bank realizes your earning potential is greater, they will give you the loans.
 
Doc Foot said:
http://benbrownmd.wordpress.com/

How could this happen? Many professions go on strike at even the smallest pay cuts. Of course that is not an option for doctors because it would cause countless patient deaths, but how is the perception still prevalent that all doctors are rich and play golf for half the week?
For a doctor to have about the same hourly pay as a high school teacher is not at all what I would have expected.
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As long as doctors keep taking Medicare patients for less and less reimbursement they will keep getting screwed. If EVERY doctor refused Medicare (not the most ethical thing) then wouldn't the Government be forced by the requests of the general populationto raise their doctors reimbursements so they can be seen?
 
moneymoneymoney said:
As long as doctors keep taking Medicare patients for less and less reimbursement they will keep getting screwed. If EVERY doctor refused Medicare (not the most ethical thing) then wouldn't the Government be forced by the requests of the general populationto raise their doctors reimbursements so they can be seen?
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No the goverment would open "Medicare/Government" offices all over the place, and hire all those doctors who couldn't make it in private practice and pay them a decent salary. These docs would be government employees and not have to work on government holidays and receive all the perks and benefits of any government employee.

And all the private practice docs would be scratching their heads wondering what happened to all the Medicare patients/
 
PADPM said:
No the goverment would open "Medicare/Government" offices all over the place, and hire all those doctors who couldn't make it in private practice and pay them a decent salary. These docs would be government employees and not have to work on government holidays and receive all the perks and benefits of any government employee.

And all the private practice docs would be scratching their heads wondering what happened to all the Medicare patients/
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I was going to say, "good! They'll get subpar care!" Then I realized that I'll still be paying for it, and they'll probably only get sicker and I'll have to pay for that too. ffffffffffuuuuuuuuu
 
moneymoneymoney said:
I got into NYCPM, good scholarship too.
I got into SGU, Carribean MD school.

I don't care if I am a podiatrist or any type of Md, They all appeal to me. Realistically, coming out of a Caribbean School i will most likely practice as an internist, ped, or family medicine.
So I am looking for peoples opinions on what they think will allow me to make the most money working in NYC.
NYCPM id graduate with roughly 100,000 worth of loans.
SGU id graduate with roughly 220,000 worth of loans.
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So, what is your final choice man ?
 
Realistically, dentistry is the way to go in terms of financial and family life success. I know the schools you guys have posted are expensive, but a lot of in state tuition is not near that amount, and you can get away with far less.

That being said, you aren't going to perform surgery, and you are going to be drilling, filling, and billing all day long. The family life of a dentist is great, but the professional life is monotonous, that's why I changed direction.
 
MaxillofacialMN said:
Realistically, dentistry is the way to go in terms of financial and family life success. I know the schools you guys have posted are expensive, but a lot of in state tuition is not near that amount, and you can get away with far less.

That being said, you aren't going to perform surgery, and you are going to be drilling, filling, and billing all day long. The family life of a dentist is great, but the professional life is monotonous, that's why I changed direction.
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All very true!
 
MaxillofacialMN said:
Realistically, dentistry is the way to go in terms of financial and family life success. I know the schools you guys have posted are expensive, but a lot of in state tuition is not near that amount, and you can get away with far less.

That being said, you aren't going to perform surgery, and you are going to be drilling, filling, and billing all day long. The family life of a dentist is great, but the professional life is monotonous, that's why I changed direction.
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OMFS does surgery.

How many jobs don't involve repetition after some point? I bet people say "podiatrists clip nails all day long."
 
NatCh said:
OMFS does surgery.

How many jobs don't involve repetition after some point? I bet people say "podiatrists clip nails all day long."
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While I'm not a dentist nor a podiatrist, I have shadowed multitudes of both. The variety of care that a pod provides is ten times more expansive than a GD, who literally do oral exams, tooth fillings, and crowns - and now a lot of people are referring the crowns out too. Basically, they refer everything else out to specialists.

As for OMFS, it's not likely to get placed into OMFS, and you have a 4 or 6 year residency ahead of you making it have the same problem as the medical specialties in the article.
 
rusny said:
So, what is your final choice man ?
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I decided to go with NYCPM. Feels more secure of a future than getting an MD from a Caribbean. There are great residency programs for Pods that are realistically within my reach. Great residency programs for IMGs, (even the top of the class) are much less likely.
 
moneymoneymoney said:
I decided to go with NYCPM. Feels more secure of a future than getting an MD from a Caribbean. There are great residency programs for Pods that are realistically within my reach. Great residency programs for IMGs, (even the top of the class) are much less likely.
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:thumbup:
 
PADPM said:
No the goverment would open "Medicare/Government" offices all over the place, and hire all those doctors who couldn't make it in private practice and pay them a decent salary. These docs would be government employees and not have to work on government holidays and receive all the perks and benefits of any government employee.

And all the private practice docs would be scratching their heads wondering what happened to all the Medicare patients/
Click to expand...
Or even more terrifying would just be a government mandate to see a certain number of medicare/medicaid patients.

After all, they do deserve our services, because they did nothing but be born, and all we did to deserve our choice of patients is go to school for 8 years, get a load of debt, and start having to pay it back years before we can afford a decent lifestyle.

I really don't think this is farfetched...not after seeing all the signs people made to protest the obamacare bill being overturned.

This is a society that feels entitled to what they want, and feels entitled to luxuries beyond being alive and free to do...well...some things. Not really free, but you get the point.

It doesn't seem a big stretch for people to think the people able to help them should be forced to do so. After all, hospitals are forced to take patients, regardless of ability to pay. Why would society at large see private physicians any differently? It's not like /they/ have bills to pay, who cares if the physician does?
 
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