rabidpanda13

10+ Year Member
Nov 24, 2008
165
0
the dirty south
Status
Pre-Medical
http://money.cnn.com/2009/07/16/news/economy/healthcare_doctors_shortage/index.htm?cnn=yes

The article is pretty standard stuff about how there are no med students going into primary care but THIS QUOTE is absolutely ridiculous:

"A specialist can earn $500,000 or more a year and work 20 hours a week versus a family doctor who earns on average $120,000 a year and works more than 60 hours a week," said Weiner.

Half a million for 20 hours a week?! Sign me up. ;)
 

Istarus

10+ Year Member
7+ Year Member
Feb 11, 2008
31
1
Status
Pre-Medical
By the time most here are practicing under Obamacare, most physicians, including specialists, will be making < $150,000.
 

Flawless

Removed
Jul 18, 2009
39
0
Status
Pre-Medical
THIS QUOTE is absolutely ridiculous:

"A specialist can earn $500,000 or more a year and work 20 hours a week versus a family doctor who earns on average $120,000 a year and works more than 60 hours a week," said Weiner.

Half a million for 20 hours a week?! Sign me up. ;)
The quote contains truth my friend. I know a specialist who works only On Tue and Thurs and still makes 375,000. And that is exactly why I am going to choose some specialty over family practice.
 

Winter Lily

Rich Dude Kryptonite
Jul 17, 2009
54
0
Status
Pre-Health (Field Undecided)
By the time most here are practicing under Obamacare, most physicians, including specialists, will be making < $150,000.
$100,000-$150,000 is great -- if your total debt load for UG and med school is only 10k.

My question is this: why aren't we lobbying to do what Europe does to make it functional, that is, cap the amount schools can charge students?
 
OP
rabidpanda13

rabidpanda13

10+ Year Member
Nov 24, 2008
165
0
the dirty south
Status
Pre-Medical
The quote contains truth my friend. I know a specialist who works only On Tue and Thurs and still makes 375,000. And that is exactly why I am going to choose some specialty over family practice.
But I tend to think that is "the exception and not the rule" to quote that stupid movie. And certainly not for many years.
 

VneZonyDostupa

PGY-6 (ID Fellow)
10+ Year Member
Jul 26, 2007
969
16
Status
Fellow [Any Field]
By the time most here are practicing under Obamacare, most physicians, including specialists, will be making < $150,000.
Wow, I wasn't aware that Obama had released proposed salaries for the plan he hasn't created, as CONGRESS produces policy, not the president.

Seriously, learn to troll better or just stop.
 

jhamaican

10+ Year Member
Apr 6, 2007
542
419
$100,000-$150,000 is great -- if your total debt load for UG and med school is only 10k.

My question is this: why aren't we lobbying to do what Europe does to make it functional, that is, cap the amount schools can charge students?
capping amount schools can charge seems to me like capping the quality of education schools can give...
 

tmk

May 11, 2009
5
0
Status
Pre-Medical
How about the gov pays for medical education. I realize physician salaries would likely go down under obamacare, after-all the best way to reduce costs is to insure everyone under a plan that offers lower compensation /end sarcasm. I can just see specialties, esp those not covered under obamacare becoming even more competitive since having a majority of patients under obamacare and 300k in school debt isn't very attractive for 12+ years of school.
 

ensuii

10+ Year Member
Apr 3, 2006
630
13
Status
Attending Physician
http://money.cnn.com/2009/07/16/news/economy/healthcare_doctors_shortage/index.htm?cnn=yes

The article is pretty standard stuff about how there are no med students going into primary care but THIS QUOTE is absolutely ridiculous:

"A specialist can earn $500,000 or more a year and work 20 hours a week versus a family doctor who earns on average $120,000 a year and works more than 60 hours a week," said Weiner.

Half a million for 20 hours a week?! Sign me up. ;)
These are pretty extreme examples and give a distorted view of the salary situation between specialists and PC docs. It's much more statistically wise to look at averages, medians and IQR for specialties through various surveys. Although it's true that specialists generally make considerably more than PC docs, it's important to realize that you're not going to be guaranteed big bux just by avoiding PC.
 

MegaProjectile

10+ Year Member
Feb 10, 2009
912
1
Status
Medical Student
capping amount schools can charge seems to me like capping the quality of education schools can give...
Perhaps subsidize is the right word. Texas, for example, has one of the best medical school system and they pay like $7,000/year for tuition. The state subsidizes the tuition which allows them to retain and train a great number of students each year.

Obama can negotiate with private schools in different states to accept X% of their in-state residents and then cover part of the cost with federal and state funds. Example of this model is Baylor.
 
Jun 20, 2009
155
1
Status
Pre-Medical
looks like after residency we'll all have to live in studio-apartments and eat sardines in order to pay off that loan in 2-3 years.
 
Jul 15, 2009
159
1
Status
Medical Student
I read the article today and was astounded by the $500,000 / 20 hours tidbit. Seems a bit sensationalistic...
 

wanderer

10+ Year Member
5+ Year Member
Dec 14, 2008
1,979
29
Status
Medical Student
http://money.cnn.com/2009/07/16/news/economy/healthcare_doctors_shortage/index.htm?cnn=yes

The article is pretty standard stuff about how there are no med students going into primary care but THIS QUOTE is absolutely ridiculous:

"A specialist can earn $500,000 or more a year and work 20 hours a week versus a family doctor who earns on average $120,000 a year and works more than 60 hours a week," said Weiner.

Half a million for 20 hours a week?! Sign me up.
The data in the quote itself is not ridiculous, just its use. It's possible that the average family doctor makes that amount of money and works that amount of time (although the average specialist likely works a lot more hours). A specialist can also earn $ 500,000 or more and work 20 hours a week just like a family doctor CAN work 5 hours a week and make $3,000,000 a year. I like how the person making the statement compares an extreme to a norm.
 

AmoryBlaine

the last tycoon
10+ Year Member
7+ Year Member
May 1, 2006
2,179
24
Status
Attending Physician
The crisis in FP cannot be reduced to salary. If people chose specialties only based on salary then why do 15-20% of all graduates consistently chose pediatrics?

FP is a field that needs to redefine its training and its mission. I think that FP residencies are essentially training people to practice a form of primary care that is rapidly becoming impossible. Case in point: the obstetrical training in FP or even the gen surg training that alot of them still get. Skills that only the tiniest percentage of graduates will ever apply are still being taught and taking up valuable training time in a short residency.

Why are FP residencies not more like Med/Peds? In fact why is an FP even different from a Med/Peds doc nowadays? I think we just need a residency that is called Primary Care, is 4 years long, and looks almost exactly like Med/Peds residencies do now. That way students interested in primary care have a great training option and they have a world of fellowships available too them if they decide they really like nephrology, or critical care, or pediatric endocrinology.

/soapbox.
 

Trexate

Competitive Inhibitor
Apr 21, 2009
497
5
Status
Pre-Medical
I read the article today and was astounded by the $500,000 / 20 hours tidbit. Seems a bit sensationalistic...
<sarcasm>
Sensationalistic? The media? Nah. They only give us the facts and let us decide.
</sarcasm>

What ever happened to unbiased journalism? Oh yeah, they moved it to Comedy Central and it's called The Daily Show.
 

hopefuldoc87

Killer tofu
10+ Year Member
7+ Year Member
Jun 2, 2007
568
2
Status
Resident [Any Field]
The quote contains truth my friend. I know a specialist who works only On Tue and Thurs and still makes 375,000. And that is exactly why I am going to choose some specialty over family practice.
Well I know a specialist that works on Wednesdays from 2pm-3:30pm and makes 435,000.

He sells drugs on the side though.
 

Narmerguy

Moderator Emeritus
10+ Year Member
Jul 14, 2007
6,878
1,298
I read the article today and was astounded by the $500,000 / 20 hours tidbit. Seems a bit sensationalistic...
The thing we have to remember is that the general public doesn't realize this is sensationalism. This is the reality that they believe and I've heard people repeat these sort of things to me.