Sorry I know this sounds stupid

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.
Ezj391 said:
I personally know of a podiatrist who does ZERO surgery and makes over $300,000 net. Additionally, he practices in New York (the alleged podiatry wasteland). He did a wound care fellowship and works with many nursing homes as a "wound care consultant" additionally, he knows how to do in-office dispensing really well.


Yeah, I heard that you can make a lot of $$$ if you become a wound care specialist. Especially with diabetes at a all time high, patient insurance well compensates for routine wound debriment.

Members don't see this ad.
 
Ezj391 said:
I personally know of a podiatrist who does ZERO surgery and makes over $300,000 net. Additionally, he practices in New York (the alleged podiatry wasteland). He did a wound care fellowship and works with many nursing homes as a "wound care consultant" additionally, he knows how to do in-office dispensing really well.

Why would you call New York a podiatry wasteland? Podiatrists in New York can perform surgery on the foot. However, currently state legislature does not permit Podiatrists to operate on the ankle. If you are basing your opinion of New York based on the fact that they can not operate on the ankle, then you are calling the following states a podiatry wasteland as well since they do not permit Podiatrists to operate on the ankle: Wyoming, South Dakota, Indiana, Kentucky, Washington DC, Connecticut, Alabama, Mississippi, Lousiana, Kansas.
 
Ezj391 said:
I personally know of a podiatrist who does ZERO surgery and makes over $300,000 net. Additionally, he practices in New York (the alleged podiatry wasteland). He did a wound care fellowship and works with many nursing homes as a "wound care consultant" additionally, he knows how to do in-office dispensing really well.

Why would you call New York a podiatry wasteland? Podiatrists in New York can perform surgery on the foot. However, current state legislature does not permit Podiatrists to operate on the ankle. If your opinion of New York is based on the fact that they can not operate on the ankle, then you are calling the following states a podiatry wasteland as well since they do not permit Podiatrists to operate on the ankle: Wyoming, South Dakota, Indiana, Kentucky, Washington DC, Connecticut, Alabama, Mississippi, Lousiana, Kansas. I am not including Texas, Massachusettes, and South Carolina on the list because either they are proposing or already have changed the state legislature to allow Podiatrists to operate on the ankle.
 
Members don't see this ad :)
BengaliDocIsl said:
Thanx guys, hearing all the positive things about being a D.P.M is causing me to want to go the D.P.M route instead of the D.O. or M.D. route. jonwill do you know of any pods who make good money without doing surgery. i don't want to do surgery
I talked to a guy in California who is in a partnership with another podiatrist. The other podiatrist does all of the surgery and this particular physician JUST DOES BIOMECHANICS (orthotics, etc). Each year, he grosses more than the surgeon!!!! If you're good at what you do, people will pay for it.
 
For those of you who personally know D.P.M's, can you guys tell me how much that D.P.M makes a year net salary and also how many hours a week does he/she work.
 
dpmgrad said:
Why would you call New York a podiatry wasteland? Podiatrists in New York can perform surgery on the foot. However, current state legislature does not permit Podiatrists to operate on the ankle. If your opinion of New York is based on the fact that they can not operate on the ankle, then you are calling the following states a podiatry wasteland as well since they do not permit Podiatrists to operate on the ankle: Wyoming, South Dakota, Indiana, Kentucky, Washington DC, Connecticut, Alabama, Mississippi, Lousiana, Kansas. I am not including Texas, Massachusettes, and South Carolina on the list because either they are proposing or already have changed the state legislature to allow Podiatrists to operate on the ankle.

I said the "alleged" podiatry wasteland. I do not personally feel this way, but there is a perception out there that it's really difficult to practice podiatry in New York.
 
Out of the DPM's that I know well enough to ask about their income:
One DPM I know works 30 hours/week because he enjoys spending more time with family....in the last 3 years he claims to have made an average of 220K. I then know one lady who only works part-time...so roughly 18-25 hours/week and she claims to make about 180K. I know one other male DPM who does surgery once a week and clinic work the other days - and he claims to make 300K. I think their are very large ranges though depending a lot on your business abilities and where you practice.

BengaliDocIsl said:
For those of you who personally know D.P.M's, can you guys tell me how much that D.P.M makes a year net salary and also how many hours a week does he/she work.
 
BengaliDocIsl said:
For those of you who personally know D.P.M's, can you guys tell me how much that D.P.M makes a year net salary and also how many hours a week does he/she work.

One of my friends just graduated from a 3 yr residency last summer. He got a job as an associate starting at 130K base salary, bonuses with productivity is separate. I think he works between 35 -40 hrs week. He is currently getting ready to open up his own practice with a DO partner and is about to start building a surgical center. He said the bank didnt bat an eye giving him a 1.5 mil dollar loan.
 
Ezj391 said:
I said the "alleged" podiatry wasteland. I do not personally feel this way, but there is a perception out there that it's really difficult to practice podiatry in New York.

I agree with you in that there seems to be a perception about being difficult to practice podiatry in New York. On the contrary, there are many successful podiatrists in New York. In fact, New York has the second largest amount of podiatrists practicing in the state after California. The major downside of New York is that Podiatrists can not operate on the ankle. Lastly, I do not mean to attack you on a personal level about New York.
 
randersen said:
One of my friends just graduated from a 3 yr residency last summer. He got a job as an associate starting at 130K base salary, bonuses with productivity is separate. I think he works between 35 -40 hrs week. He is currently getting ready to open up his own practice with a DO partner and is about to start building a surgical center. He said the bank didnt bat an eye giving him a 1.5 mil dollar loan.

Dear randersen,
Hi, I am going to be attending Des Moines next fall, and was curious about this post of yours. If you don't mind me asking, where did your friend do his/her 3 year residency at? What type of residency was it? And where did he/she get their associate job starting at 130K (what region of the U.S.)? Thank you very much for any info/advice you can offer, as I hope to follow in a very similar career.
 
MarquetteGuy said:
Dear randersen,
Hi, I am going to be attending Des Moines next fall, and was curious about this post of yours. If you don't mind me asking, where did your friend do his/her 3 year residency at? What type of residency was it? And where did he/she get their associate job starting at 130K (what region of the U.S.)? Thank you very much for any info/advice you can offer, as I hope to follow in a very similar career.

He went to the "Oakwood Health Care Systems" 3 yr surgical residency in Michigan. While he was a chief resident, he made about 60k yr. I think he may have done some moon-lighting though. He now practices in Phoenix, AZ (where Im from). He was the one who actually treated the guy shown in my avatar in the ER after he snaped his ankle from falling while his foot was caught in some train tracks. He has some pretty cool pictures. Trauma was pretty big at his residency. I know that the Detroit Medical Center residency also sees a lot of trauma.
 
Top