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- May 17, 2015
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I am in my fellowship (surgical subspecialty) and trying to decide between 2 practice options. I've asked a hundred trusted people about this and now have resorted to asking complete strangers for help 🙂.
One is a "privademic" practice that I am very familiar with. This market really needs my specialty and I could probably be very busy from the start. This practice affords the opportunity for working with residents/fellows, doing research, and being involved in my subspecialty society. However, the city is a B- and a place that I probably won't consider living long-term (my SO definitely won't). Money is X per year. Job is super stable as this group dominates the market, owns 2 ASCs, 3 MRIs, PT, DME, etc. Also current partners in my subspecialty aren't the best mentors / co-partners.
Job 2 is a private practice in my (and my SO's ideal city - all her family lives here). Market is more saturated (would take a few years to get busy), but I would be taking over for a retiring surgeon who is currently very busy. Clear path to partnership in 2 years. Non-compete clause (ughh). One of the top 2 or 3 groups in the city (but not the biggest). Zero academic involvement. Money is 1.75 - 2x for the top 3 earners in my subspecialty over the last 2 years. Good but not great ancillary $.
I know these are very different practice settings, but I am torn because I like / dislike things about them both. Ideally, I would move job #1 to city #2, but that isn't happening. It is hard to predict what I am going to want 5-10 years down the road and I wanted to get others' perspective on how to approach this decision.
Thanks.
One is a "privademic" practice that I am very familiar with. This market really needs my specialty and I could probably be very busy from the start. This practice affords the opportunity for working with residents/fellows, doing research, and being involved in my subspecialty society. However, the city is a B- and a place that I probably won't consider living long-term (my SO definitely won't). Money is X per year. Job is super stable as this group dominates the market, owns 2 ASCs, 3 MRIs, PT, DME, etc. Also current partners in my subspecialty aren't the best mentors / co-partners.
Job 2 is a private practice in my (and my SO's ideal city - all her family lives here). Market is more saturated (would take a few years to get busy), but I would be taking over for a retiring surgeon who is currently very busy. Clear path to partnership in 2 years. Non-compete clause (ughh). One of the top 2 or 3 groups in the city (but not the biggest). Zero academic involvement. Money is 1.75 - 2x for the top 3 earners in my subspecialty over the last 2 years. Good but not great ancillary $.
I know these are very different practice settings, but I am torn because I like / dislike things about them both. Ideally, I would move job #1 to city #2, but that isn't happening. It is hard to predict what I am going to want 5-10 years down the road and I wanted to get others' perspective on how to approach this decision.
Thanks.