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Hi, I was wondering if DOs make as much as MDs
same discipline, same job, same pay.......
Short answer: yes.
Long answer: Insurance and government reimbursement will be same, because both MD and DO are legal equivalents. The pay variation is between specialty and location, not degree.
Whether or not a MD and DO within the same specialty, with similar offices on the same street make the same amount of money is anyone's best guess. I think it's most reasonable to think that they would earn the same, unless one had a superior reputation or a better personality.
It has been noted by others that DOs who specialize in OMT can significantly increase their financial bottom line, but I've seen no published data, just anecdotal stuff.
Short answer: yes.
Long answer: Insurance and government reimbursement will be same, because both MD and DO are legal equivalents. The pay variation is between specialty and location, not degree.
Whether or not a MD and DO within the same specialty, with similar offices on the same street make the same amount of money is anyone's best guess. I think it's most reasonable to think that they would earn the same, unless one had a superior reputation or a better personality.
It has been noted by others that DOs who specialize in OMT can significantly increase their financial bottom line, but I've seen no published data, just anecdotal stuff.
Hi,
I was also wondering if DOs are hired as regularly as MDs in many big hospitals, or do they usually only get jobs in local clinics. Thanks
P.S. I am worried more about the salary and job opportunities than recognition, prestige, etc
Hi,
I was also wondering if DOs are hired as regularly as MDs in many big hospitals, or do they usually only get jobs in local clinics. Thanks
Um the biggest difference in pay is not reputation or that other stuff though. It is really how many high billing procedures each does. I dont know how much OMT pays.. Maybe thats a difference. Truth is more people in MD schools enter higher paying fields (aka NOT Peds, FP and IM). As such I would GUESS MDs make more on avg but as mentioned same field +same pts + same work done = same pay
Hi,
I was also wondering if DOs are hired as regularly as MDs in many big hospitals, or do they usually only get jobs in local clinics. Thanks
P.S. I am worried more about the salary and job opportunities than recognition, prestige, etc
To the OP -
PLEASE read the FAQ before posting questions of MD vs DO in this forum ... it would save a lot of time and save a lot of hassle.
I was assuming that the MD and DO were similar in training and practice size. To me it's reasonable to think that it's the nontangible issues that will make one more successful financially over another doc.
I completely agree that a doc who does a lot of procedures will earn a higher paycheck. So, if more MDs specialize than DOs, then it's reasonable to think that MDs as a group can earn more.
However, family medicine (which many DOs are attracted to) can do a lot of procedures, too.
You do know FP makes the least amount of money only ahead of Peds.
You do know FP makes the least amount of money only ahead of Peds.
I was told during an interview that the avg FP in the US in the first year out of Residency makes ~154K per year.
Hi,
I was also wondering if DOs are hired as regularly as MDs in many big hospitals, or do they usually only get jobs in local clinics. Thanks
P.S. I am worried more about the salary and job opportunities than recognition, prestige, etc
I was told during an interview that the avg FP in the US in the first year out of Residency makes ~154K per year.
What's a good source for finding average salary statistics? Salary.com was pretty accurate, but they recently stopped showing median salaries.
Someone told you wrong.
If that were the case, then I suspect a lot more people would go into family medicine.
Someone told you wrong.
If that were the case, then I suspect a lot more people would go into family medicine.
the entire country
from FP out in BFE
Western NE
to Private FP
HollyWOOD! Seemed to be
feasible to me.
Exactly how a physician gets compensated is quite complex and I have posted about this topic in the past ... I would recommend picking up a healthcare economics textbook ... it will be quite beneficial to understand how the system works
I still prefer the country cover of "Gin and Juice".This sounds like a series of lines from a bad rap song or something.
West Coast, can you FEEL me?
East Coast, can you FEEL me?
Way up North, can you FEEL me?
Dirrty South, can you FEEL me?
Sometimes I amuse myself.
From what I have seen, FP's CAN make a very lucrative living, if they're smart about it. An FP DO who graduated from NYCOM is only in his mid 30's and already has 4 practices - 3 in the NYC area and 1 in Florida. I have been told if you're a good businessman as an FP, you can make a killing.
As far as salaries. A DO can also charge insurance for doing OMT during a patient visit, so techincally, I guess for an FP a DO could charge more per visit to insurance companies.
A DO can also charge insurance for doing OMT during a patient visit, so techincally, I guess for an FP a DO could charge more per visit to insurance companies.
According to these, he's not too far off:
http://www.cejkasearch.com/compensation/amga_physician_compensation_survey.htm
http://www.alliedphysicians.com/salary-surveys/physicians/
Do you have any particular book recommendation?
Are you counting the time it takes to gather the stuff that is required to start an IV or are you just assuming it takes longer because you're not that quick at it due to a relative lack of experience?Starting a peripheral IV takes more time than most OMT treatments
Careful about using recruiting agencies as your salary information provider.
To the OP -
PLEASE read the FAQ before posting questions of MD vs DO in this forum ... it would save a lot of time and save a lot of hassle.
JP how much does OMT pay? or is this purely your opinion?
Are you counting the time it takes to gather the stuff that is required to start an IV or are you just assuming it takes longer because you're not that quick at it due to a relative lack of experience?
Pays based on areas of the body treated. Generally you can make at least $20.00 per body area
And since I dont know too much about it.. How long does it take to say do someones back?
Cervical, thoracic and lumbar spine in 3-4 minutes.
All while my nurse is starting the IV (and billing for it ).
Hi,
I was also wondering if DOs are hired as regularly as MDs in many big hospitals, or do they usually only get jobs in local clinics. Thanks
P.S. I am worried more about the salary and job opportunities than recognition, prestige, etc
so $60 in 5 mins? Not bad. I assume you cant do this for all your patients. Otherwise DOs would be richer than plastic surgeons.
Very few DO's will get to JP's level of efficiency....he did an OMM pre-doctoral fellowship year. The few that have a practice largely devoted to OMM have rediculous waitlists to get an appt. The DO's in primary care who use OMM occasionally when its indicated get to bill for it like any out-patient procedure....so it definitely ads some $$ to an average primary care practice. That being said, I plan on going into PM&R/Sports Med and would like to set aside 1 day a week for my OMM appointments...as to not potentially mess up the flow/timing of my other days. I know of several DO's doing it like that now and it seems to work out wellso $60 in 5 mins? Not bad. I assume you cant do this for all your patients. Otherwise DOs would be richer than plastic surgeons.