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Before we rank any CL fellowships, let's help you with the worth it question.
Yes, if you want to do CL as a faculty somewhere. Then you need the fellowship.
No, if you want to do CL in the general community.
Yes, if you want the expert knowledge.
No, if you want more money.
I wouldn't know where to begin in ranking them. Some very strong CL fellowships don't fill every year.
Wasting a year if you're going PP, but not academia.
erm doing a fellowship somewhere prestigious doesn't change where you went to medical school. which is what patients care about (if they care about that sort of thing at all). it's slightly disingenuous to market yourself as a "harvard trained psychiatrist" after spending a year doing a c/l fellowship at MGH or whatever but people do it all the time.
But doesn't have "big names" on CV help with generating strong patient base?
I am doing my residency here in NYC, and I am hearing about psychiatrists charging $500/hr cash only in the upper east side. But these guys have trained at places like Cornell and Columbia...
In lies the ignorance of New Yorkers with far too much money on their hands. Try getting that much from people in Indiana or other places.... unlikely. You're going to rely on reimbursement from insurance companies and a wage from the hospital. You may want to examine what C&L is really like. It isn't boutique medicine.But doesn't have "big names" on CV help with generating strong patient base?
I am doing my residency here in NYC, and I am hearing about psychiatrists charging $500/hr cash only in the upper east side. But these guys have trained at places like Cornell and Columbia...
In lies the ignorance of New Yorkers with far too much money on their hands. Try getting that much from people in Indiana or other places.... unlikely. You're going to rely on reimbursement from insurance companies and a wage from the hospital. You may want to examine what C&L is really like. It isn't boutique medicine.
No I know its not boutqiue medicine. I've done 2 months of CL. I quite like CL for:
1) The ability to work closely with other specialities
2) I enjoy working in a general hospital setting (vs. psych inpatient)
3) I like the fast paced action of CL
I'm not going into CL for money. I actually want to do 2 fellowships (Neuropsych and CL). I'm not expecting to get rich of either of them. However, my question is, is doing fellowships (such as in CL) at a big name place beneficial for private practice? I would eventually like to do CL 8-5 and then perhaps do private practice on the side (week nights and weekends). Therefore, I was wondering if doing CL fellowship at a big name place would help my practice to 'flourish', for lack of better words?
I was just about to call out the same.All the things you claim to like aren't actually private practice outpatient psychiatry. If you want a big name on your resume to recruit cash-pay outpatients, why in the hell would you choose a fellowship that literally only applies to the inpatient setting? And forgive me for laughing at your assumption that 8-5 C/L actually ends at 5.
All the things you claim to like aren't actually private practice outpatient psychiatry. If you want a big name on your resume to recruit cash-pay outpatients, why in the hell would you choose a fellowship that literally only applies to the inpatient setting? And forgive me for laughing at your assumption that 8-5 C/L actually ends at 5.
you seem to have some strange ideas. as i said before most pts don't care where you trained, it doesn't make a different to them in terms of practice, and those that do care more where you went to medical school (even if that doesn't make much sense). having a fellowship is not going to change any of that. the main way that particular residencies have graduates successful in pp is because they actually teach their residents how to establish a private practice and have a large voluntary faculty who are happy to mentor residents in doing so and possibly throw referrals their way.
but make no mistake, the beginning pp psychiatrist who went to columbia still gets the same crappy referrals as everyone else. it takes time to be able to establish a practice, and which it is not unheard of to charge $500/hr, it's not common either and not realistic for most people regardless of where you trained unless you're selling a particular brand of snake oil that convinces people to part with their cash.
it makes no sense to do both a C/L and neuropsych fellowship. one or other. neuropsych is a very academic fellowship so is unlikely to help with pp except if you are interested in forensics and could potentially have a successful forensic practice around civil neuropsych cases
This thread makes no sense to me , sounds like you want to be a high end PP psychiatrist and you think doing completely unrelated fellowships is the way to do that?
Probably would be more efficient to use the 125k+/year you loose by doing a fellowship to get swanky office decor, a really good web designer and getting in with whatever social scene the referring docs in your area are part of
it isn't just inpatient, outpatient c/l is the major growth area in the field especially with things like collaborative care and integrated care. some of the best c/l fellowships like UW and GWU have strong outpatient experience in things like psycho-oncology, transplantation, HIV etc. for pp one might be able to carve out a niche in caring for psychiatric problems in patients with specific medical problems, network with those specialists and get referrals etc
Additionally from what I have been able to gather, integrated care and collaborative care don't work outside of the academic setting as far as reimbursement is concerned.None of that training translates into a high-paying cash outpatient practice. And neither of those programs have layman name-cache to demand high-paying cash outpatients.
...Therefore, I was wondering if doing CL fellowship at a big name place would help my practice to 'flourish', for lack of better words?
I'll let you in on a secret for building a 'flourishing' PP.
Step 1. Check your ego.
Step 2. Find an area that has good income/earnings and no competition.
Step 3. Build your name within the community as providing good work and developing relationships with the area PCP's.
re: Step 2 ... is there an advisable method for finding the magnitude of psychiatric competition in an area? Obviously Boston is inundated and Bismarck is not - it's the in-betweeners that I'm more curious about.
I'll let you in on a secret for building a 'flourishing' PP.
Step 1. Check your ego.
Step 2. Find an area that has good income/earnings and no competition.
Step 3. Build your name within the community as providing good work and developing relationships with the area PCP's.
re: Step 2 ... is there an advisable method for finding the magnitude of psychiatric competition in an area? Obviously Boston is inundated and Bismarck is not - it's the in-betweeners that I'm more curious about.
A little humility will go a long way....Wouldn't building your ego also have some role by pushing you to advocate for your own worth in billing patients?
Why fellowships in both C/L and Neuropsych? Would you expect to practice both?
One way a fellowship in CL or Neuropsychiatry at a "top program" would help in establishing a high-end PP would be in helping to secure a faculty position at said top program, which helps to justify charging patients high fees. Not that this is a good reason to be on the faculty (hopefully you also like to do research or teach).
This is exactly my thinking of doing fellowship at top notch place. To help me get into a faculty position as a CL psychiatrist in a "top program", and then use the name brand to market myself in the pp.
I'm just wondering if my thinking translates to reality....
This is exactly my thinking of doing fellowship at top notch place. To help me get into a faculty position as a CL psychiatrist in a "top program", and then use the name brand to market myself in the pp.
I'm just wondering if my thinking translates to reality....
It could, but nowadays if you are clinical faculty at any program they will tax your private practice or not even allow you to have one. So obtaining a faculty position to enable charging high PP fees is not a sound financial decision. Also, you will only have so much time to devote to PP if you are being productive enough academically to keep your faculty position. Then again, the fellowships for CL are only a year, and it will definitely add to your skills, if not your bottom line.
A few thoughts here from a PGY-III interested in private practice, maybe cash, maybe not. First, working 8-6 in a full time CL position and then working evenings and weekends at a PP sounds like a recipe for burnout, especially if you will have a family. For me that would be the nonstarter, though you may feel differently.
As for saying "I am Hopkins trained" my understanding of that is that it refers to your four year residency, though you could say something like "I trained at X along with a fellowship in psychosomatic medicine at Johns Hopkins" which sounds impressive. It may help get some people through the doors, though if you are looking at a cash practice (like I think you are) in an area in which that is common there will likely be plenty of people with impressive pedigrees to compete with. I think what will end up separating you from them is the quality of the service you provide. Thus, while you do need to think "how do I get people through the door," you need to think as much or more "how do I justify being worth the increased cost, and how do I provide such a stellar service that referring providers and patients keep sending new patients my way despite the increased cost?"
Looked at in that light I think that training which increases the quality of care in whatever niche you choose is key, more so than the branding of a major medical center. In addition publishing or other activities that brand you personally (rather than by association) as an expert could be helpful, especially for obtaining community referrals. You then need to think about what kind of practice you want to run. If you are interested in neuropsych, it is a fascinating subspecialty but I don't know how conducive it is to cash practice; I think people pay cash for things that they cannot easily get with insurance (long term therapy with a psychiatrist comes to mind). Since the population of cash-paying people with behavioral manifestations of neurological disease is smaller than, say, the population of people with anxiety disorders you may do better running a higher-volume practice that focuses on evaluation and overall management of patients (including medications, appropriate referrals, etc) which accepts insurance. Such a setup could be fulfilling and provide a great service, but I don't know about it being converted to cash-only.
Anyhow, these are all my own personal musings since I have never started a PP. Still, I think broadening your view to look at the many factors that will be more relevant to your practice/business than prestige is worthwhile. Also keeping in mind how much even the financial cost of two fellowships will be is important if you are considering this from a business angle.
Pedigree alone won't give you "credibility" these days.
Superman ish there!Yep that's my plan. CL during the day (8 to 6) and then hopefully Neuropsychiatry pp in the evenings or wkds.
I'm just wondering how realistic this is.
I've seen the $200k number thrown around a lot for Psych attendings, is that starting? I can't imagine you'd still be making that 5 years into your practice even, no? (I get that per hour it's quite good) Anyhow I'm also considering C-L but the fact that more and more institutions are restricting your ability to moonlight or see PP on the side is making it less appealing because FT CL-only wouldn't put me where I'd like to be financially pre-tax, but I feel I'd get tired with a typical PP setup.
This is exactly my thinking of doing fellowship at top notch place. To help me get into a faculty position as a CL psychiatrist in a "top program", and then use the name brand to market myself in the pp.
I'm just wondering if my thinking translates to reality....
The main situations that I could see a psychosomatic medicine fellowship being useful for outpatient work would be if you wanted to develop a niche seeing a certain population of medically complex psych patients AND already had a ready source of referrals from that patient base. For example, there are some hospital organizations that now have "Women's Mental Health" programs, and doing a Psychosomatic fellowship where you had a lot of experience treating preggos with psychiatric issues (for example) would be helpful in having a basis for declaring yourself an expert in women's mental health issues so that the ob/gyn service would call you whenever they had a preggo with a psychiatric problem. I think it is definitely possible that if you are fellowship trained and have experience seeing outpatient psych patients who have cancer, an organ transplant, heart disease, etc. that you could work for a large hospital and request that they help you set up your outpatient time as the go-to guy/gal for any psychiatric referrals coming from the cardiologist, the oncologist, the transplant team, or whatever.
However, I don't think there would be enough people looking for a private practice psychiatrist with that kind of sub specialized expertise that it would make sense to do the the CL fellowship for the sake of impressing cash-paying patients in private practice. The average person doesn't even know what psychosomatic medicine IS, let alone what universities are actually the best places to train in it.
The reality is that the shortage of psychiatrists is so severe that you don't NEED to bend over backwards trying to make yourself stand out to make a lot of money and have plenty of work.
I think it only makes sense to do a psych fellowship if you have a sincere interest in the topic. It's really more of a waste of time if your main concern is to try to maximize your profit and marketability.
I also suggest asking some hospital recruiters in the area where you are considering working about how practical it would be to design a job like what you have in mind within their organization. That might help you judge how realistic your dream set up is.
penn is not really known for psychosomatics. the link you posted doesn't mention any elective time. it would be pretty unusual for there to be elective time beyond an academic half day in a 1 year fellowship like this. but it does look like they have a broad range of experiences. as i mentioned previously probably two of the best ones that have significant outpatient exposure built in are GWU which has one of the oldest and most highly regarded and UW which is best known for outpatient consultation, including integrated care and the collaborative care model and you would get trained in all of these. the michigan one looks interesting in that there is geriatrics and addiction requirements which would be atypical for a psychosomatic fellowship. i dont know anything about it, again its not known for psychosomatics and while i can see how geriatrics and addictions are of course relevant to psychosomatics, i do find it odd that they have this in the fellowship which makes me a bit suspicious.
the one thing to bear in mind about outpatient consultation is since most of your patients will be new intakes you will have a ton of notes to write and no time built in, especially as patients may be complex (in fairness some are extremely straightforward). so it can get quite painful. outpatient consult notes are the bane of my existence.
the penn website says 4.5 months full time.
MGH used to be a ton of inpatient consults and not much of anything else. not sure if that has changed you should just ask greg fricchione or ted stern. they certainly have one of the most established and prestigious consult fellowships
UW has a range of outpatient consultation clinics (HIV, maternal infant care, regional heart center, psycho-oncology, pain, diabetes etc and then in the primary care clinics they have BHIP where you only see patients the care manager wants you to see and consult by phone or in person with the care manager for recommendations on all the other patients. they also have the MHIP or collaborative care program providing consultation to the rest of the state and i think wyoming). Im not sure what the fellows rotate at now, but they used to do HIV, psycho-oncology, diabetes, pain, adult medicine, and MHIP I think. I think there might be VA outpatient consultation stuff as well but not sure. I am not sure if how much choice you get because there are a number of different consultation clinics. I think they do more outpatient stuff when based at UW (?3 half-days) vs the other sites where its just 2 half-days a week.
consultation liaison psychiatry is mainly an inpatient based specialty so i think you will be unlikely to find one that is so heavy on outpatients. Outpatient consultation is really quite different, and there is often a mismatch between referring provider and consultant expectations (i.e. you will take over the management over the patient vs. you will provide recommendations on management and in many places there isn't the same liaison component because people are often in their own worlds in an outpatient setting. If you are mainly interested in outpatient then it may not even be that helpful to do a psychosomatic fellowship unless outpatient consultation is something you don't get experience in.
depending on your program you could just do a ton of outpatient consultation stuff in your 4th year and maybe even set up a clinic. i am setting up a neuropsych consultation service for example. there is almost certainly a need. you just have to make sure the specialty clinic will give you a room and understands that consultation means you will provide an opinion and send them back to the referrer.
What interests you about outpatient CL?
Collaborative/Integrated Care the trend for doing outpatient CL work, and APM is trying to position the subspecialty as THE subspecialty for collaborative care. It's not really traditional CL psychiatry, which is inpatient-based, and in general CL fellowships still don't give you any training in the model (despite the focus of APM on the model). Right now, CL training remains mostly inpatient medicine based. Doing a 3-4 month block seeing outpatient consults in one clinic or another doesn't let you integrate much into any given clinic (with just 2 hrs a week at a clinic, it'll probably take you 2 months just to learn who everyone is), so the focus of your experience will probably just be learning to care for the psychiatric needs of medically ill patients, just like it would be if you spent that time on the inpatient setting.
If doing outpatient work is what you see for yourself (as opposed to traditional CL psychiatry) then I would strongly suggest you look at UW more closely, even if the ratio of outpatient to inpatient CL work during the fellowship year doesn't match up with what you're hoping for. What you have there is the opportunity to learn how to implement a different model of care, which is a skillset on top of the general CL skillset, and if you're looking into an academic or administrative career can be very valuable.