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does anyone know what the average hourly rate in the Seattle/Tacoma area is ?
Yes, yes, and yes. I've been preaching this on here for years now. The entire trend of physicians across all specialities to submit themselves to being employees is a big mistake. Is it a wonder so many doctors feel like mere abused, and replaceable hourly help?Always remember that an employee is never paid what he is worth, otherwise there is no profit for the business owner. If you want to be paid 100% of what you're worth, you must own the business and accept the responsibility that entails. It also helps to know where the money is coming from. These salaries don't come out of thin air. Eventually, it all comes back to what is being billed and what is being collected. Emergency Medicine is a business, like anything else. If you want to make some dough, you've got to know the business. Being "100% clinical" is a good way to be taken advantage of.
Yes, yes, and yes. I've been preaching this on here for years now. The entire trend of physicians across all specialities to submit themselves to being employees is a big mistake. Is it a wonder so many doctors feel like mere abused, and replaceable hourly help?
It's because many now are (albeit highly paid) abused, replaceable hourly help. Personally, I plan on staying as independent from hospital or mega-corp employee status as long as possible. All Medicine is a business, fortunately or unfortunately. Learn as much about it as you can, even if you're are employee status and no matter what specialty, or you're ----ed. Otherwise you'll be wandering around confused and disillusioned, "Why did/didn't administration do this? Why did Medicare do that? Why won't they staff this or staff that?" like a sheep to the slaughter. The answer to, "What's it all about?" is the same. Every. Single. Time.
Although your and my intentions my be centered around patient care and best medical practice, it's not about "EBM" for many of those running hospitals, insurance companies, government or your bosses. I can't say that they don't care at all about these things, but the prime motivators for them are not about "patient wellness," or "patient centeredness." It's not about "helping people," efficiency" or cost "savings." It's not about "science." To many if not most of them, the prime motivators are the same thing three things every time.
Money,
money, &
money.
As much as possible for them.
All these bulls--t buzzwords such as "ACOs," "cost savings," "patient satisfaction," and the like all share the same translation to many hospital administrators, insurance companies, politicians or your bosses. Translation = more money in their pockets. I'm not saying it's ever likely to change or that it even should change, but that's definitively the prime motivator for just about everything done behind the scenes in healthcare, as dictated by non-physicians primarily.
Keep in mind thst Washington is one of the worst states for.physicisns in the country, scoring poorly on the one thing on the ACEP report card that matters: malpractice. A plaintiff's attorneh bave five years.to bring a case in thst state which.may be the longest window.of.exposure.in the country.
If you get to eat exactly what you kill, and the payor mix is good, and the volume is adequate, and you're a quick, efficient doc, then $175 seems pretty lame to me. Last I looked I was billing $7-800 a patient and collecting a quarter of that. So $175 an hour is about a patient an hour. That's a pretty slow pace.
What you bill is almost irrelevant in that as long as your fees are higher than your highest insurance allowables, what you bill will not alter your collections.Are you really billing $7-800 per patient? How, seems to me we're only billing somewhere in the $450 range.
Are you really billing $7-800 per patient? How, seems to me we're only billing somewhere in the $450 range.