- Joined
- Mar 21, 2008
- Messages
- 2
- Reaction score
- 0
For those who have knowledge about the benefits and challenges of having a derm practice, please respond to my dilemma.
I am in my mid-30's and would like to do derm. I feel confident that a residency is within my reach. My concern is that by the time I finish, I'll be 40+ and am wondering how feasible a derm practice would be for me. If I was to do dermatology, I'd like to have a practice near a metropolitan area. I would like to do derm and perhaps some cosmetics. If I was to hire a physicians assistant, what is the potential take home salary that I could realize after a year or two in practice? By doing a Mohs fellowship and join a dermatology group, what potential income could I realize? Also, I enjoy international travel once or twice each year, how is this doable being a business owner? Are the benefits of having a business worth the headaches? I do not want to practice medicine day to day, just getting by financially. I have seen some family practice docs do this and felt sorry for them. They work so hard, just to be a little above the break even point.
Hospital base medicine seems financially attractive. A friend who is an anesthesiologist just signed a contract for $300k/year. No overhead and guaranteed income. Sometimes, I consider my age and loans and think this may be appropriate for me, even though my interest is in skin.
I realize that financial info is a sensitive issue. I also realize my age and the loans I have to repay. I live simply and do not expect to get rich from my pursuit. Please share your knowledge, experiences or advice. Thanks for helping.
I am in my mid-30's and would like to do derm. I feel confident that a residency is within my reach. My concern is that by the time I finish, I'll be 40+ and am wondering how feasible a derm practice would be for me. If I was to do dermatology, I'd like to have a practice near a metropolitan area. I would like to do derm and perhaps some cosmetics. If I was to hire a physicians assistant, what is the potential take home salary that I could realize after a year or two in practice? By doing a Mohs fellowship and join a dermatology group, what potential income could I realize? Also, I enjoy international travel once or twice each year, how is this doable being a business owner? Are the benefits of having a business worth the headaches? I do not want to practice medicine day to day, just getting by financially. I have seen some family practice docs do this and felt sorry for them. They work so hard, just to be a little above the break even point.
Hospital base medicine seems financially attractive. A friend who is an anesthesiologist just signed a contract for $300k/year. No overhead and guaranteed income. Sometimes, I consider my age and loans and think this may be appropriate for me, even though my interest is in skin.
I realize that financial info is a sensitive issue. I also realize my age and the loans I have to repay. I live simply and do not expect to get rich from my pursuit. Please share your knowledge, experiences or advice. Thanks for helping.