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deleted87716
Hospital practice can come with pitfalls for doctors
http://www.kevinmd.com/blog/2010/04/hospital-practice-pitfalls-doctors.html
http://www.kevinmd.com/blog/2010/04/hospital-practice-pitfalls-doctors.html
Employed docs are lab rats. Being a lab rat, in my experience, eventually results in being sacrificed.
I think a salaried position has its ups and downs just as a "solo practice". However, in the current economic times and expanding costs, a salaried position has perks of being freed from much of the administration and overhead issues.Hospital practice can come with pitfalls for doctors...I'll have my solo practice...make it or bust, thank you very much!...I can see people running to hospital-systems for some security...
a salaried position has perks of being freed from much of the administration and overhead issues.
Everyone should consider their priorities.
I agree. In general, and simplistically speaking, two types in medicine. There are those that just like the medicine and those that want the business side too. I think plenty of physicians have greater or lesser interest in these aspects. The extreme is the MD administrator that manages a practice but never actually provides direct patient care. Then the physician that just sees patients and knows zip about the business. I think if you want to "run the business", employed is a good place to start. You can learn about the business and develop your own ideas of what you want to do. It gives you a chance to develop knowledge about the business that you often do not get in medical school or residency. This will give you a chance to decide if you really want business or just want to stay employed +/- administrative components. Either way, I think to start, it is good to come in under the wing of an employer....Salaried positions for the time being is a safe place to hide until things get better...
I have seen folks employed that have zero control and do not want any. I have seen some that stand back and take control only when they choose.Sure, if by "freedom" you mean "lack of control."...
you gain control by your ability to walk.
I think if you are a desired comodity, it gives you some leverage and control. The ability to leverage a hospital/group practice is a form of control.That's not control...that's bailing out. A bailout option is another important ingredient for happiness, but isn't the same thing as control.
...Furthermore, any employee who thinks they control their employer is kidding themselves.
I suspect most are employed initally. They may not be employed by a hospital, but employed none the less by a group/single or multispec/hosp....
No disagreement on anything you just said.There are different employment arrangements, some more advantageous than others.
Technically, I'm employed - although I'm a shareholder in my group, which basically means I work for myself. Our group is physician-led. This is a vastly different arrangement than if I worked for one of the local hospital systems. I talk to friends who work for these other groups on a regular basis, and very few of them are happy, whereas most of the docs in my group are. The difference is autonomy.
Why is it that I hear over and over again that family med has little control over their lifestyle?
If FM paid as well as any other specialty, it would be the most popular field in medicine.
I think BD is correct in his answer above. I have never heard the argument of "little control over their lifestyle" in relation to FP/FM. That is not what I have heard from media either. I would wonder what an OB is talking about in relation to lifestyle and control of life? The media I have heard relates to income being low. As for lifestyle, look at some of the threads in this forum.Why is it that I hear over and over again that family med has little control over their lifestyle?...I hear this from attendings in IM and OB and see this a good bit in the media stating why medical students do not want to pursue FM.Because a lot of people don't know what they're talking about...
I am not sure that is true. The argument from the other side would then be why are folks going into it without the money? The answer is, because that is the field they most enjoy/matches with what they like/find satisfying in medicine. Yes there are some in any number of specialties that find most satisfaction in what they receive in money. But, I don't think everyone falls in that category. I also do not feel money would solve all of FP's problems. I don't believe quality care would be provided at the FP/FM level if it was flooded with people that have money as the primary motivator....the main reason that people avoid primary care is because of the money. However, they don't want to admit that, so they have to come up with other "excuses."...
If FM paid as well as any other specialty, it would be the most popular field in medicine.
Yes there are some in any number of specialties that find most satisfaction in what they receive in money. But, I don't think everyone falls in that category.
That's not what I am saying. i know you did not say everyone...I didn't say that everyone would go into family medicine.
...the main reason that people avoid primary care is because of the money. However, they don't want to admit that, so they have to come up with other "excuses." Most of the time, these are B.S.
If FM paid as well as any other specialty, it would be the most popular field in medicine....The argument from the other side would then be why are folks going into it without the money? The answer is, because that is the field they most enjoy/matches with what they like/find satisfying in medicine. Yes there are some in any number of specialties that find most satisfaction in what they receive in money. But, I don't think everyone falls in that category. I also do not feel money would solve all of FP's problems. I don't believe quality care would be provided at the FP/FM level if it was flooded with people that have money as the primary motivator.
I also do not feel money would solve all of FP's problems.
I don't believe quality care would be provided at the FP/FM level if it was flooded with people that have money as the primary motivator.
The problem is folks in general would love to make large sums of cash with limited work obligation. You look in the next thread over.... FPs that see 60+ patients per day make large sums. FPs that do moonlighting shifts make large sums. Yet, I often see future grads and recent grads wanting to make $200+k/yr for 4-5 day work weeks with almost zero weekends, almost zero call, and no OB....You're missing the point. If there was less of a gap between primary care incomes and specialty incomes, people would be able to choose a field based solely on what they wanted to do, not on how much they could make doing it. Nobody would pick primary care for the money, but they wouldn't avoid it because of the money, either.
$120,000-$150,000 depending on location and type of practice.You won't catch mw working for that low a salary. Most the residents I know are starting closer to 200 if not 200.One of our residents was making over a hundred thousand a year as a resident with just er and care center shifts. A former resident just left with a deal for two hundred thousand at a seattle urgent care center. Another is working as a hospitalist at our hospital for close to two hundred if not over. I haven't heard of anyone going that low.Well, you'd have to pay me at least that much to do any of those jobs, too...
...Also, remember we're talking about starting salary. There's usually a considerable upside for non-salaried (production-based or partnership) positions......family medicine md's in urgent care or em settings...the high end is > 275k/yr ...I know people making more than that working four days/week in the outpatient setting....
I suspect you have a better understanding then you let on... but granted, I am not a mind reader. As too "paid the same", it goes back to the earlier comment of "I don't know the relative dollar value per hour for an FP". I can not say a an FP/FM is making less then say a surgeon. So, I can not speak to the gap per se. If an FP/FM works 4 days per week, limited to no on-call, limited to no weekends/hollidays and gets $200+/yr and a GSurgeon makes $350/yr with Q2-3 on-call, 3 of 4 weekends on, etc.... is there a gap? If so, in what direction is the gap really? I have seen FP/FMs produce on a 4-5 day/wk schedule as described above and have ~$280k/yr. I know of no general surgeons that can earn that income with those limited hours. When physicians work production based, they do generally take home more. This is true about FP/FMs as with subspecialists....I never understand what you're trying to say when you nest a bunch of unrelated quotes together with little boldfaced sections. You seem to be saying that all doctors don't deserve to be paid the same, which nobody has suggested. There is no valid reason that the gap should be as large as it is, however.
I think accross the board in almost all fields you can usually find some relationship to money somewhere. My comment was that it would not solve all its problems....I also do not feel money would solve all of FP's problems...I'm still waiting for you to name one ...of "FP's problems" that doesn't relate to money.
We are talking accross different lines. You want me to find anything in the USA that can not be related to money in some fashion? I already answered that:...name one (just one) of "FP's problems" that doesn't relate to money...So, you can't think of even one. That's what I figured.
So, it doesn't have to be something you "figured". In fact, in my last reply as re-posted above I stated it relates in almost everything. I also, specifically described how I think it relates to the issue of recruitment.I think accross the board in almost all fields you can usually find some relationship to money somewhere. My comment was that it would not solve all its problems....
I answered, you have not. You're just being argumentative and avoiding everything else. It seems like you are set to simply generate a distraction. Again, I never denied money may "relate". I guess the relationship I draw is probably not what you had in mind?...If there is a problem you think would be solved by money, tell me...
I am not going to argue a "con" position on something I never endorsed to begin with... Name me the problem/s in surgery that do not relate to money? or psychiatry? or OB/Gyn?.........So, yes, it "relates" but I don't think it solves all the problems...
What? You obviously are not reading. I was not avoiding a question by asking another. I was trying to stick to what I did say. I have not taken the position at any point that "...doesn't relate to money....". I think I have now stated that 3 or more times. Why are you pushing me to argue or take a position that I have not. In fact, I have taken the oposite position.:I'm not being the least bit argumentative. You can't avoid answering a question by asking another question.
You said, "money won't solve all of FP's problems." I asked you to specify which of "FP's problems" doesn't relate to money. Apparently, you can't.
If anyone's being argumentative, it's you. Do you even read what you post...?
Again, I am pretty sure, in reference to what I was commenting/discussing, I stated I believe money probably DOES relate... In fact, I said it probably relates to just about everything accross this country. I just don't see it solving all problems. You will have to contact someone else if you are looking for the oposite answer. This is a fairly pointless line of back and forth.I think accross the board in almost all fields you can usually find some relationship to money somewhere. My comment was that it would not solve all its problems....
I can not say a an FP/FM is making less then say a surgeon. So, I can not speak to the gap per se.
Will medical school loan forgiveness be enough to convince prospective doctors to forsake specialty practice as a career?
Ive argued previously that it may help a little, but its unlikely to change the overall trend away from primary care.
A recent article from Health Affairs compares lifetime earnings from a cardiologist versus a primary care physician. The difference is stark:
Their calculations showed that cardiologists earn a career average of more than $5 million, compared with $2.5 million for primary care physicians, $1.7 million for business school graduates, $846,735 for physician assistants and $340,629 for college graduates, according to the paper.
To make up the difference, primary care doctors would have to receive a $1 million lump-sum payment or have an annual income boost of $100,000.
Some argue that, compared to non-physicians, primary care doctors should have nothing to complain about. Consider NPRs Shots, for instance, which framed the piece with the somewhat obnoxious title, Primary Care Docs Earn Less Than Specialists, But More Than We Do.
But thats an irrelevant argument. Medical students are not looking at physician assistant salaries or MBA earnings upon graduating. Theyre looking at the $2.5 million difference between a cardiologist and primary care doctor. And, in many cases, moreso considering cardiology isnt even the highest paying physician field.
Although money isnt everything, a disparity that wide is more than enough to sway more than a few into a more lucrative specialty career.
Well, again, it seems like folks are looking at the end of the year (or end of career) total and leaving out time spent or work hours put in for that sum. Just to keep what I said in context:Well, plenty of others can....
Aside from only years of training, I would like to actually see a break down that shows the income related to on-call, weekends worked, hollidays worked, etc... I think knowing the trade off of lifestyle for income would be relevant. Just looking at what you EARNED at the end of career is somewhat arbitrary and 1 dimensional. The real argument is was that income EARNED? Again, I don't know. Should FP/FMs be given lump sums at the end? should they all just be given an automatic 100K per year for being FP/FM? Is there an additional workload that needs to be applied to earn that additional revenue? Again, I don't know. What I do know is that when FP/FMs work similar patterns to general surgeons they earn income very comparable if not in excess of what average general surgeons earn. i.e.:...As too "paid the same", it goes back to the earlier comment of "I don't know the relative dollar value per hour for an FP". I can not say a an FP/FM is making less then say a surgeon. So, I can not speak to the gap per se. If an FP/FM works 4 days per week, limited to no on-call, limited to no weekends/hollidays and gets $200+/yr and a GSurgeon makes $350/yr with Q2-3 on-call, 3 of 4 weekends on, etc.... is there a gap? If so, in what direction is the gap really? I have seen FP/FMs produce on a 4-5 day/wk schedule as described above and have ~$280k/yr. I know of no general surgeons that can earn that income with those limited hours. When physicians work production based, they do generally take home more. This is true about FP/FMs as with subspecialists.
...seen FP/FMs produce on a 4-5 day/wk schedule as described above and have ~$280k/yr. I know of no general surgeons that can earn that income with those limited hours...
Name me the problem/s in surgery that do not relate to money? or psychiatry? or OB/Gyn?......
All relate to money.... the brutal hours are to make the money. the additional call is to earn the money (i.e. can not have large number of partners to split the call and revenue with limited number of cases). Malpractice is not just "somewhat" related to money. That is exactly what it is about.Surgery: brutal hours and stress in residency, long hours and lots of call, especially in rural areas, malpractice claims (I know malpractice is somewhat money related, but GS adn OB get sued more often... and I don't want the hassel of being sued)...
Related to money again. Take smaller income, larger cadre of partners and can split call more and decrease this....OB: babies don't know the difference between night and day, malpractice claims...
Seeing these patients to earn money. That is the career... we chose to earn a living seeing a certain patient population....Psych: you have to treat psych patients
Which is part of my point. The FP/FM supporters and folks going into it know what the current incomes have been and still chose the field. The folks choosing "brutal" training and "brutal" hours of work in surgery, know the reimbursement declines and such, still go into it. As I said, I believe the money "issue" related to recruitment for FP/FM is largely a result of poor or conflicting marketing. Students I speak with that go into FP/FM almost universally express an understanding that they are choosing lifestyle and less work hours for less income. They also express an understanding that higher income via surgical career requires, according to them, a significant sacrifice of lifestyle with significant increase in workload. So, I don't believe money solves all problems in this matter. I have read plenty of proclaimed "med-students" on these forums say they have heard how horrible it is, underpaid, etc....I can name a problem with FP that isn't directly about money. Many people view it as boring and feel like they will be relinquished to hypertension and diabetes all day everyday for the rest of their life. I'm not saying that is true, but it isn't uncommon for med students to believe that. ...I think many people would be very happy if they chose what they loved instead of following dollar signs anyway.
All relate to money.... the brutal hours are to make the money. the additional call is to earn the money (i.e. can not have large number of partners to split the call and revenue with limited number of cases). Malpractice is not just "somewhat" related to money. That is exactly what it is about.
Related to money again. Take smaller income, larger cadre of partners and can split call more and decrease this.Seeing these patients to earn money. That is the career... we chose to earn a living seeing a certain patient population.
You are speaking of a job and the aspect of it being integral to the job... that makes your money. I am not sure how you are demonstrating it does not relate to money... but it doesn't matter....I grew up on a farm, we grew lots of things, but poultry supplied a large portion of the income. I dislike shoveling chicken $h!t. I dislike the smell. I dislike the beaty little chicken eyes. However, to be a chicken farmer, all of those things are fundamental to your job. It has nothing to do with the amount of money a chicken farmer makes. Chicken farmers that make a million dollars a year and chicken farmers living in poverty all have to smell that smell...
Exactly....surgeons here don't have that option anyway. If they brought in enough surgeons to make call rare, not only would they be broke, they wouldn't do enough procedures to continue to be surgeons...
You are speaking of a job and the aspect of it being integral to the job... that makes your money.
...I grew up on a farm, we grew lots of things, but poultry supplied a large portion of the income. I dislike shoveling chicken $h!t. I dislike the smell. I dislike the beaty little chicken eyes. However, to be a chicken farmer, all of those things are fundamental to your job. It has nothing to do with the amount of money a chicken farmer makes. Chicken farmers that make a million dollars a year and chicken farmers living in poverty all have to smell that smell...
If you are a chicken farmer, i.e. farming chickens is your job = source of income, then you have to deal with the chickens, their eyes, their smell, etc.... Larger farms have more chicken waste, chicken eyeballs, etc... in exchange for larger production. So, dealing with these aspects does relate to money.What? This makes no sense.
Well, again, it seems like folks are looking at the end of the year (or end of career) total and leaving out time spent or work hours put in for that sum. Just to keep what I said in context:Aside from only years of training, I would like to actually see a break down that shows the income related to on-call, weekends worked, hollidays worked, etc... I think knowing the trade off of lifestyle for income would be relevant. Just looking at what you EARNED at the end of career is somewhat arbitrary and 1 dimensional. The real argument is was that income EARNED? Again, I don't know. Should FP/FMs be given lump sums at the end? should they all just be given an automatic 100K per year for being FP/FM? Is there an additional workload that needs to be applied to earn that additional revenue? Again, I don't know. What I do know is that when FP/FMs work similar patterns to general surgeons they earn income very comparable if not in excess of what average general surgeons earn. i.e.:
I definately did not say 1 hour of FM work does equal 1 hour of Gen Surg work.1 hour of FM work does not equal 1 hour of Gen Surg work. Much of what we do is in the interest of the patient & unreimbursed (see posts on "invisible cost" of primary which refer to the recent NEJM article on the subject). It's not about hours of work. We work plenty.
Though, I have not really seen a good argument; I understand plenty of folks will try to explain how there 1hr or 4 days is worth more value... I just find pointing to a balance sheet at the end of the year or end of the career and trying to compare it to another specialty is pretty arbitrary if not downright deceptive. It doesn't tell the whole story....As too "paid the same", it goes back to the earlier comment of "I don't know the relative dollar value per hour for an FP". I can not say a an FP/FM is making less then say a surgeon. If an FP/FM works 4 days per week, limited to no on-call, limited to no weekends/hollidays and gets $200+/yr and a GSurgeon makes $350/yr with Q2-3 on-call, 3 of 4 weekends on, etc.... is there a gap? If so, in what direction is the gap really? I have seen FP/FMs produce on a 4-5 day/wk schedule as described above and have ~$280k/yr. I know of no general surgeons that can earn that income with those limited hours..
I know FPs that work as described above and make 200+/yr with the lifestyle as described. I guess the question is are you/they paid plenty? What I have been reading, fairly often, is that should be able to receive that income without having to work at that level. In general, I believe physicians are often underpaid....We work plenty...
Not sure what that's about.... am pretty calm....Calm down, it's just math...
I do understand what you are saying about un-reimbursed activities. It is difficult to quantify accross specialties. I do still wonder what the answer is... in general, ~how much of one's life (days, hours, weekends, hollidays, on-call, etc...) is required towards your practice to obtain that dollar amount at the end of the year? There are only 365 days/year with an associated amount of time per day.1 hour of a general surgeon's time consists of more reimbursed activity (procedures, consults, rounds, clinic visit, & postop visits already paid for by global fees) than an FP's 1 hour because in our 1 hour we have to squeeze in more unreimbursed work like lab review/imaging review, care coordination, paperwork, education & counseling. Hence an FP's hourly rate will be less than a surgeon's hourly rate if we all do the same activities & procedures...
My comment was that it would not solve all its problems.
No, no, no, no..... Never said that.So you are saying every aspect of every job from chicken farming to rocket surgery is all about money, but for some reason, this rule doesn't apply to Family Medicine. For us, it's all about marketing? Are you seriously implying that FM residencies wouldn't become competive tomorrow if suddenly FP and ROAD incomes were reversed?
If you are a chicken farmer, i.e. farming chickens is your job = source of income...dealing with these aspects does relate to money.
It is difficult to quantify accross specialties. I do still wonder what the answer is... in general, ~how much of one's life (days, hours, weekends, hollidays, on-call, etc...) is required towards your practice to obtain that dollar amount at the end of the year? There are only 365 days/year with an associated amount of time per day.
I can name a problem with FP that isn't directly about money. Many people view it as boring and feel like they will be relinquished to hypertension and diabetes all day everyday for the rest of their life. I'm not saying that is true, but it isn't uncommon for med students to believe that.
That's an interesting retrospective chart/business review of a single practice of internal medicine...
I can name a problem with FP that isn't directly about money. Many people view it as boring and feel like they will be relinquished to hypertension and diabetes all day everyday for the rest of their life. I'm not saying that is true, but it isn't uncommon for med students to believe that...
What is described above does not seem like it would be solved by increased income. I think again folks need to do what works for them.This is probably my biggest hang up...along with the fact that you don't get to do anything in the OR. I literally thought I was going to die while on my IM rotation...and during my FP rotation when I spent time with the guy that functioned more as an "internist" I wanted to hurt myself. Nothing, to me, is more annoying than "managing" the care of a bunch of DM, HTN, CAD patients that couldn't care less about whether they take their meds or not.
...So, I'm lost..and looking for a 'calling'.
FP is attractive because of the "lifestyle" and the ability to kind of find a niche and go with it...
Nothing, to me, is more annoying than "managing" the care of a bunch of DM, HTN, CAD patients that couldn't care less about whether they take their meds or not.
FP is attractive because of the "lifestyle" and the ability to kind of find a niche and go with it, but I've had so little exposure to what's available in terms of practice opportunities within the specialty, I feel like I can't make an educated decision.
No, no, no, no..... Never said that.
I have not said it is all about money. I have not said there is NO relation to money. I have not said money will solve all problems.....
Not going to spend a half dozen replies explaining to you as well that I didn't say that.
Then you didn't read it well... and not going to spend time explaining it....Well, I'm not sure what you have said then...
Pretty definitive absolute there. However, doesn't seem to be what most of the medical students are saying to me or what some are saying on this forum. I understand it is hard for you to believe that folks are choosing fields other then FP/FM cause they do not like FP/FM or even maybe cause they do not understand what FP/FM real life practice is (i.e. poor marketing)....FM residencies are not filling as well as some other specialties. Money is absolutely the reason why. It's not a marketing issue. If FM income was raised to near the level of some specialists, then there would be no shortage. It's that's simple...
as for money:I can name a problem with FP that isn't directly about money. Many people view it as boring and feel like they will be relinquished to hypertension and diabetes all day everyday for the rest of their life. I'm not saying that is true, but it isn't uncommon for med students to believe that...This is probably my biggest hang up...along with the fact that you don't get to do anything in the OR. I literally thought I was going to die while on my IM rotation...and during my FP rotation when I spent time with the guy that functioned more as an "internist" I wanted to hurt myself. Nothing, to me, is more annoying than "managing" the care of a bunch of DM, HTN, CAD patients that couldn't care less about whether they take their meds or not.
...So, I'm lost..and looking for a 'calling'.
FP is attractive because of the "lifestyle" and the ability to kind of find a niche and go with it......That's a big problem in academic medical centers. Most academic primary care clinics suck. I wouldn't want to work there, either. You have to get out into the "real world" and work with some docs in private practice. That's the only way to see what's possible...
Probably half the discussion has been about what exactly is the money. Are you saying you think, believe, or know (since you express absolutes), FP/FM working 4 days a week, limited to no on-call, limted to no hollidays, no OB, all outpatient for ~$200k/yr is underpaid as compared to General surgeon working Q2-3 call, most weekends, plenty of hollidays, etc... and earning $300-350K/yr?...If FM income was raised to near the level of some specialists, then there would be no shortage. It's that's simple...