Do phycisians with a masters make more money

[cubicw86]

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My physician told me that a master in health science like biology, biotech, microbio, chemistry, etcc.. can help boost up your starting salary as a physician.
I was wondering what you guys think about this??

 

[TexasTriathlete]

Why would they?

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[Gut Shot]

My physician told me that a master in health science like biology, biotech, microbio, chemistry, etcc.. can help boost up your starting salary as a physician.
I was wondering what you guys think about this??

Perhaps in certain unusual circumstances, but out in practice your worth is going to be determined by your ability to bring in reimbursement. Whether you have two or fifty initials after your name is immaterial.

 

[MossPoh]

I've heard of a few instances where patients given the choice between the M.D./D.O and the M.D., M.S., M.P.H, Ph.D., blah blah blah gets weighed in favor of the person with more letters. It is only for the first visit if it does happen. If the patient doesn't care for that physician then they won't return. It MIGHT help drum up a little extra business, but I think there is no difference in the long run.

 

[group_theory]

I've heard of a few instances where patients given the choice between the M.D./D.O and the M.D., M.S., M.P.H, Ph.D., blah blah blah gets weighed in favor of the person with more letters. It is only for the first visit if it does happen. If the patient doesn't care for that physician then they won't return. It MIGHT help drum up a little extra business, but I think there is no difference in the long run.

It is extremely rare that patient have choices when it comes to physicians. The wait time for primary care physicians and for specialty physicians is so long that it is hard to "pick and choose". While pre-meds love to obsess over postnominal letters, your average healthcare consumer worry more about cost, convenience, personality, whether the physician will accept their insurance than on MD/DO.

If you were to use your additional degree(s), it may actually lower your salary. A MD/PhD who is active in research will actually have a lower salary than a straight MD who is not active in research. A MD/MPH who is active in public health will usually have a lower salary than an MD who is not active in public health. (this is comparing apples to oranges here as there are many factors that goes into compensation - but I'm tired after a long call Friday->Sat)

 

[Thantis]

The primary benefit that I heard from having a masters (specifically my MPH) is that it will help greatly when the time comes for a Fellowship.

 

[t-funk]

The one thing that I have heard is that a master's may give you an edge in a competitive residency or fellowship, especially if the master's resulted in pubs, which may possibly raise the average salaries of those with masters. But I wouldn't know.

 

[Chocolate Bear]

Seems unlikely for a straight clinical position, but that'd be awesome! I'll let you know in 8 or 10 years.

 

[TexasTriathlete]

What, so you my master now?

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[Chocolate Bear]

I think we all know the answer to that.

 

[ATrain]

Yes, indeed we do

 

[Toohotinvegas33]

What, so you my master now?

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Im yo master

 

[fabu1ous]

No Luke, I am your master.... or was it father? I forget.

 

[mshheaddoc]

My physician told me that a master in health science like biology, biotech, microbio, chemistry, etcc.. can help boost up your starting salary as a physician.
I was wondering what you guys think about this??

No, overall they do not. When it comes down to your contract, your salary is what is negotiated. I know MD-DO/PhD's making the same amount that MD's are, but they are just doing more research to support themselves in their contract than the MD's are. MS might help in med school but think about the level of the MS degree. Usually, if its science your MS degree is on a lower level of the MD/DO degree so the doctorate degree would take precedence. Now I have seen those hired into admin positions gain advantage for positions if they have other degrees (MBA/MHA/MIS etc) but that won't correlate with salary because usually salary is based on experience, not the amount of degrees you have. Although some degrees can help with experience to an extent, usually not so with MS vs MD/DO though. Just my experience of what I've seen.

 

[Chocolate Bear]

No Luke, I am your master.... or was it father? I forget.

Wicked smilies

 

[primadonna22274]

I seriously doubt that my MS, PA-C will matter to anybody when I've earned an MD or DO.
Except to a PA program if I apply for a job as Medical Director (definitely one possibility as I'm interested in academic medicine down the line and one of my major goals in going to medical school is to become a better student and teacher of medicine).
Other than that, nobody will care.

 

[Terpskins99]

My physician told me that a master in health science like biology, biotech, microbio, chemistry, etcc.. can help boost up your starting salary as a physician.
I was wondering what you guys think about this??

A masters (PhD more likely) can potentially help you get a fellowship that can help boost up your starting salary as a physician. 🙂 But its faster and cheaper to just get the fellowship straight up and save yourself the time.

 

[SJonathan]

I shadowed a DO who had a masters in public health. He said that it had opened up all kinds of doors for him. He is now the director of about 16 clinics, and I think that his added education has helped him "climb the latter".

It was enough to get me interested in it at least.

 

[BeachBlondie]

I'm just throwing this out there:

If you're getting into medicine with the intention of making bank, then you're certainly doing it for the wrong reasons and will find yourself at 45-years old, a bottle of Jack in your hand, and a hooker whom you call "Mama" at your side.

Sure, it's a known fact that doctors make a little more than average, but I wouldn't pursue anything because you think it'll boost your salary.

 

[RySerr21]

I'm just throwing this out there:

If you're getting into medicine with the intention of making bank, then you're certainly doing it for the wrong reasons and will find yourself at 45-years old, a bottle of Jack in your hand, and a hooker whom you call "Mama" at your side.

Sure, it's a known fact that doctors make a little more than average, but I wouldn't pursue anything because you think it'll boost your salary.

for some of us (maybe even you?), that wont be any different than right now, so i might as well go into a profession where you can make a lotta money.

 

[BeachBlondie]

for some of us (maybe even you?), that wont be any different than right now, so i might as well go into a profession where you can make a lotta money.

Ah, you're a gentleman, as well as extraordinarily righteous. Your girlfriend must be proud...

...Oh, wait. You don't have one.

😉

 

[RySerr21]

Ah, you're a gentleman, as well as extraordinarily righteous. Your girlfriend must be proud...

...Oh, wait. You don't have one.

😉

last night that was a good thing, now you try to use it against me??

okay this is getting too heated, lets keep it G rated and get back to the original topic at hand.

 

[DrMattOglesby]

right-oh, original topic:

I would imagine that a physician with an extra degree MIGHT make more money--pending that they actually did something with said degree! That should go without saying.

I think I might do the Master's of health education thru ATSU in my year off...not because I think I'll make more money, but because it's just something I'm interested in.