Obviously the love of medicine and helping people are the motives but having said that and family, loans, work and all the other complexities life throws at you....does hospitalist or GI pay best? (private practice, not academic medicine)
How are you a ten year member on sdn and still not know GI pays significantly better than hospitality?
A hospitalist practices hospitality medicine ...... trying to make everyone happy (patients, nurses, consultants, administration, billing/insurance)Actually, hospitality can pay well, especially if you know the right local services.
You can help people by becoming a social worker. I don't get why docs need to preface with the 'helping people' *** when asking about compensation. It's ok to make a good living after spending more than a decade of your life to learn your "craft".Obviously the love of medicine and helping people are the motives but having said that and family, loans, work and all the other complexities life throws at you....does hospitalist or GI pay best? (private practice, not academic medicine)
GI Doctors probably work 9-5 In their office, but then are on call many nights, and then do procedures whether it colonoscopies, endoscopies, or emergent GI-related procedures (ERCP, Hepatic abscess drainages, etc. etc. etc.)
So he makes 1M+?My brother is GI and the bonus he lost last year due to covid was more than I made last year...GI
nicedo do GI
These are “potentials” usually. Meaning they’ll give you the opportunity to work for it by taking more call and having unattainable rvu for a sane person.I see several GI job postings on NEJM for upwards of $700 K per year. Is that fairly attainable?
No...about half thatSo he makes 1M+?
There is an SDN nocturnist (@tantacles) that makes GI salary (450k+/yr) working somewhat GI hours (19 12hrs -shift per month. ~55 hrs/wk).To make GI level salary as a hospitalist, you pretty much have to work residency hours +. By residency hours I’m talking 80 hour work weeks clocked in with all things considered and about 4-6 weeks of vacation. The problem is most hospitalist gigs include the weekends so each stretch of work is pretty rough. It may be doable if you find gigs that are 40 weeks a year (not 7 on 7 off) that exclude weekends, just because we all know what burnout is going to feel like if we try to grind for that long.
Sure, but that's a combination of nocturnist and 5 more shifts than is the average. Heck, I'm only working 21 days this month and I'm full time outpatient.There is an SDN nocturnist (@tantacles) that makes GI salary (450k+/yr) working somewhat GI hours (19 12hrs -shift per month. ~55 hrs/wk).
MOD can delete my post if I violate the TOS by linking 'tantacles' to this thread...
It's actually 4 more shifts because FT hospitalist jobs are 15 days/month...Sure, but that's a combination of nocturnist and 5 more shifts than is the average. Heck, I'm only working 21 days this month and I'm full time outpatient.
That's not always true, my wife was full time at 13.It's actually 4 more shifts because FT hospitalist jobs are 15 days/month...
By the way, I wish I was ok with outpatient... Man, outpatient gigs with good schedule (M-Th) and benefits are easier to find...
She probably was getting paid commensurately to her schedule like many places do right now. They pay a rate per day.That's not always true, my wife was full time at 13.
Basically OP, to sum it up: GI pays more. But, as cheesy as this sounds, do what you love.
I certainly hope GI allows for more golfSo I should play golf and play guitar?
You don't have the time to play as often. But you can afford to play Pebble Beach.I certainly hope GI allows for more golf
You don't have the time to play as often. But you can afford to play Pebble Beach.
And if you do do GI, please learn advanced (therapeutic) scopes. Why this is a sub-fellowship and not somehow built into the already long 3 year fellowship is beyond me (I know some places do have it built in). It's a PITA when your local GI doc can't do an ERCP and you have to transfer the patient out.
HA you said do do... Anybody? No. Okay.And if you do do GI, please learn advanced (therapeutic) scopes. Why this is a sub-fellowship and not somehow built into the already long 3 year fellowship is beyond me (I know some places do have it built in). It's a PITA when your local GI doc can't do an ERCP and you have to transfer the patient out.
Its a PITA for you but better for the patient. There are nowhere near enough cases for every GI to be competent at ERCP, let alone the remainder of advanced endoscopy. Complications from advanced endoscopic procedures can be catastrophic and there is a clear relationship between complication rates and volume.
Shouldn't/couldn't there be a way to do basic scopes say in your first year of fellowship, then maybe advanced scopes (if you have the caseload, or go somewhere that does) during the 2nd/3rd years of fellowship? I just feel bad for these PGY6+ fellows who have to reapply and go through another GME cycle. Can't we just practice at some point?
GI is not the only guilty of this. Did you know there's a heart failure fellowship after Cardiology? What the hell do you learn about during the Cards fellowship?!?
We love to keep training, we'll be PGY12+ before we can practice. Meanwhile, NPs are running a muck in our clinics.
@DrMetal So that’s a separate issue than whether everyone should do ERCP in practice. I totally agree that 6 years is more than enough time to make a Gastroenterologist with any of the sub-subspecialties. Frankly, I think 5 years would be enough (2 years of IM, 3 of GI) but I’d cut a year off med school too. Everyone shouldn’t do EUS/ERCP, etc, but the folks who are interested and capable should be able to do it within a standard fellowship.
but at the end of the day, what matters most is patient safety and currently I guess people don't feel safe having general cardiologists do advanced HF management.
I'd say the hospitalist with more time. I routinely smoke my attendings on the course. Trying to get back to playing more often post fellowship. Looking in to joining a decent country club. Ideally, trying to have a golf themed man cave with a launch monitor. Those PINGS are pretty sweet!What do you think about the other important question posed in this silly thread: Golf, who has a better aptitude for it? The GI who makes more money but maybe has less time, or the Hospitalist who makes less money and maybe has more time?
While we are at it, undergrad should not be a de facto requirement.@DrMetal So that’s a separate issue than whether everyone should do ERCP in practice. I totally agree that 6 years is more than enough time to make a Gastroenterologist with any of the sub-subspecialties. Frankly, I think 5 years would be enough (2 years of IM, 3 of GI) but I’d cut a year off med school too. Everyone shouldn’t do EUS/ERCP, etc, but the folks who are interested and capable should be able to do it within a standard fellowship.
I'd say the hospitalist with more time. I routinely smoke my attendings on the course. Trying to get back to playing more often post fellowship. Looking in to joining a decent country club. Ideally, trying to have a golf themed man cave with a launch monitor. Those PINGS are pretty sweet!
Gosh, we're all concerned about patient safety , I guess . . . .
It's a crazy time in medicine, when/where we don't feel safe with a cardiologist managing HF (even advanced). Let's get Jesus Christ himself to come down and manage it, maybe then we'd feel better.
Well, there's no doubt in my mind that advanced HF/transplant should require more training. What I wonder/question is, do we need a different fellowship for it? Same question can be posed for a lot of different things. Can't it be done during the 3rd year of a regular Cards fellowship? Or what about the general cardiologist who's already practicing and develops the interest; can't she find a way to get trained up in HF/transplant in the form of an apprenticeship/OJT (call it what you will)? Does she really need to leave her practice, forfeit her income, change her geography, reapply for another GME cycle for a 1-year fellowship?Advanced heart failure isn't your standard patient who forgot to take his lasix for a couple weeks. It's not patients who need a touch of dobutamine or milrinone to diurese. Hospitalists/cardiologists can take care of those patients. Advanced heart failure is about taking a patient with a crap heart and putting them into a spot where they can get a transplant or LVAD. And most places, the specialists in cardiomyopathy (eg genetic, infiltrative, inflammatory) are advanced heart failure doctors.
Most of us can do most of heart failure, but none of us can sit on the transplant committee and select patients without advanced heart failure training.
Our GME president raised that question ~2 yrs ago, but he was talking mostly about primary care. He is a Med-Peds trained. He said based on his experience, over 90% of IM/FM/Peds are "safe" to practice medicine on their own after PGY2 year. He said he thinks they would learn much more in their first year of attending-hood than a PGY3 year. We were shocked when he said that. It's kind of refreshing to see a very few in academia get it.Well, there's no doubt in my mind that advanced HF/transplant should require more training. What I wonder/question is, do we need a different fellowship for it? Same question can be posed for a lot of different things. Can't it be done during the 3rd year of a regular Cards fellowship? Or what about the general cardiologist who's already practicing and develops the interest; can't she find a way to get trained up in HF/transplant in the form of an apprenticeship/OJT (call it what you will)? Does she really need to leave her practice, forfeit her income, change her geography, reapply for another GME cycle for a 1-year fellowship?
If we want to save our profession, we need to stop glorifying every subject with its own fellowship/BC. We need to find a way to train on the job, and we need to enter the workforce sooner. We spend too much time in education and training. If med school were only 3 years (could totally be done), and IM residency only 2 (for the strong resident, and the one we know is going into fellowship), and Cards is 3 years (including any sup-specialty topic) = 8 years (instead of 11). That delta of 3 years = $1 million bucks in salary (nice for you), and that's 3 years sooner we can get you practicing.
We need this paradigm shift in medicine or we're dead in the water.
Our GME president raised that question ~2 yrs ago, but he was talking mostly about primary care. He is a Med-Peds trained. He said based on his experience, over 90% of IM/FM/Peds are "safe" to practice medicine on their own after PGY2 year. He said he thinks they would learn much more in their first year of attending-hood than a PGY3 year. We were shocked when he said that. It's kind of refreshing to see a very few in academia get it.
Not necessarily. The other option for a hospitalist is to see more patients per shift. For example, if one saw 30 patients per shift, at the current Medicare reimbursement rate of of approximately $54 per wRVU and a typical average of 1.8 rRVU per patient, that would equal to $530k a year doing the standard 7-on 7 off (which comes out a182 shifts a year) and assuming you're working at a place that pays you in line with the RVUs you generate. This is on the higher end for most hospitalists these days, but then again 30 patients per shift is higher than what most hospitalists are comfortable seeing and covering independently, but of course you can get a midlevel or residents (if at a teaching service) to help with coverage if one attending is covering that many patients.To make GI level salary as a hospitalist, you pretty much have to work residency hours +. By residency hours I’m talking 80 hour work weeks clocked in with all things considered and about 4-6 weeks of vacation. The problem is most hospitalist gigs include the weekends so each stretch of work is pretty rough. It may be doable if you find gigs that are 40 weeks a year (not 7 on 7 off) that exclude weekends, just because we all know what burnout is going to feel like if we try to grind for that long.
The PCPs that make the average or lower salaries are either those that only take insurance or those that work in academics or VA/government. Our current health system doesn't really value PCPs from a reimbursement perspective and they make less because insurance pays them relatively low for the amount of time work they do. However, those that take cash and have a good patient volume can make the true market rate of what patients are willing to pay for primary care, and often make similar to the typical specialist salary of $400-$500k per year and while seeing less patients than their colleagues that only take insurance. Taking cash is very efficient since not only can you charge the true market value of your services but often overhead billing and coding costs are much lower when taking cash than insurance.GI Makes more, however, it has a much longer fellowship to complete after IM Residency, and you work long hours.
I think if you do 7 on 12 hour shifts in a week as a hospitalist, that would be 168 hours a month.
GI Doctors probably work 9-5 In their office, but then are on call many nights, and then do procedures whether it colonoscopies, endoscopies, or emergent GI-related procedures (ERCP, Hepatic abscess drainages, etc. etc. etc.) - Let's assume they work 50-70 hours a week. That would be anywhere from 200-280 hours a month.
So, if let's say Hospitalist makes 265k, and Gastroenterologists make ~420k, this would mean that, and I know my math is probably very wrong here because im not including tax, vacations, or countless other factors, but:
Let's pretend all GIs work 240 hours a month - That's 2880 hours a year
Let's pretend all hospitalists work 168 hours a month - That's 2016 hours a year.
That would roughly mean GIs make about 145$/hr
That would roughly mean Hospitalists make about 131$/hr
So, while GIs do make more money per year, the hourly pay rates are not extremely extremely far off.
Furthermore, while the GI Fellow makes 70k-80k for 3 years after IM Residency, the Hospitalist is making the 240-260k for 3 years during that time.
So, hospitalist is not a bad gig, but, while the GI doc can slow down their practice as they get older while continuing to still rake it in because of a large patient pool, and you become more "Automatic" with your procedures and midlevels helping manage your acute things, your life becomes easier as you get older whereas a Hospitalist will always be expected to work at 100% capacity regardless because you have less autonomy being only hospital-based.
Plus, if you want to switch over to doing outpatient primary-care, you'll expect a pretty significant pay reduction until you work many years to get your patient roster up to where all the other docs are who have been doing it for years. In the long run, PCPs can make equivalent or more to a hospitalist due to upward mobility, but the $$/hr will be way less because PCPs work probably more like the GI doc's hours, but only make 93$/hr probably, if you consider many PCPs make 225k @ about 50 hours a week.
Lol.Not necessarily. The other option for a hospitalist is to see more patients per shift. For example, if one saw 30 patients per shift, at the current Medicare reimbursement rate of of approximately $54 per wRVU and a typical average of 1.8 rRVU per patient, that would equal to $530k a year doing the standard 7-on 7 off (which comes out a182 shifts a year) and assuming you're working at a place that pays you in line with the RVUs you generate. This is on the higher end for most hospitalists these days, but then again 30 patients per shift is higher than what most hospitalists are comfortable seeing and covering independently, but of course you can get a midlevel or residents (if at a teaching service) to help with coverage if one attending is covering that many patients.
Is this not similar to or what DPC is? AFAIK, most DPC docs do not make 400-500k per yearThe PCPs that make the average or lower salaries are either those that only take insurance or those that work in academics or VA/government. Our current health system doesn't really value PCPs from a reimbursement perspective and they make less because insurance pays them relatively low for the amount of time work they do. However, those that take cash and have a good patient volume can make the true market rate of what patients are willing to pay for primary care, and often make similar to the typical specialist salary of $400-$500k per year and while seeing less patients than their colleagues that only take insurance. Taking cash is very efficient since not only can you charge the true market value of your services but often overhead billing and coding costs are much lower when taking cash than insurance.
Not necessarily. The other option for a hospitalist is to see more patients per shift. For example, if one saw 30 patients per shift, at the current Medicare reimbursement rate of of approximately $54 per wRVU and a typical average of 1.8 rRVU per patient, that would equal to $530k a year doing the standard 7-on 7 off (which comes out a182 shifts a year) and assuming you're working at a place that pays you in line with the RVUs you generate. This is on the higher end for most hospitalists these days, but then again 30 patients per shift is higher than what most hospitalists are comfortable seeing and covering independently, but of course you can get a midlevel or residents (if at a teaching service) to help with coverage if one attending is covering that many patients.
Lol.