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That assuming you have 5 days of procedures for 11 months straight. Most docs split their weeks.$7500/day x 11 months is 825k at 50% overhead.
Taxable income <600k
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That assuming you have 5 days of procedures for 11 months straight. Most docs split their weeks.$7500/day x 11 months is 825k at 50% overhead.
Taxable income <600k
That being said, you’re never gonna really make money as a W2 anything..private practice will at least give you access to ancillary revenue streams, potential for 1099, etc.
It’s laughable for any W2 to talk about their base salary anymore and brag about it..it’s all going to Uncle Sam..I became hopd finally, cause I got sick of the New Jersey pp scam systems, and didn’t have the balls/capital to start up something, so here I am now. If I lived somewhere else, I would have probably stayed private or maybe at least tried to venture into a start up
A lot of seasoned docs on here with business sense would agree with what I saidTotal nonsense.
if i have to do more work for less pay, then i'd rather take less pay and more vacation and less paperworkI'm sorry, how is this different than the Obamacare, MIPS, BCBS Quality measures, etc? It's more stupid paperwork that doesn't change anything, but it's not hard to obtain compliance.
So anesthesia?if i have to do more work for less pay, then i'd rather take less pay and more vacation and less paperwork
yupSo anesthesia?
Arguably it might have higher pay.
I know this ruffles a lot of feathers on this board but a huge question is is the person coming from Anesthesia or PM&R?
The former can easily get you 500k with 10 weeks off without clinic/paperwork *and* the ability to pick up shifts and call to boost income even more. Thus, its a very real conundrum for a lot of new grads in pain.
Doing what exactly? I guess if you do regen all day and charge cash..Even PM&R has lots of opportunities right now. Loads of zero-time side gigs available and low stress main gig makes the ceiling extraordinarily high depending on how involved you want to get.
Medical directorships, APP supervision, SNF coverage, consulting, expert witness work, chart review, IMEs, monetized Youtube videos, you name it. All take very little extra time and can fit into your downtime at your main gig. Probably not if you're doing outpatient MSK but I wouldn't take that on as that's just Pain Lite.Doing what exactly? I guess if you do regen all day and charge cash..
Medical directorships, APP supervision, SNF coverage, consulting, expert witness work, chart review, IMEs, monetized Youtube videos, Only Fans, you name it. All take very little extra time and can fit into your downtime at your main gig. Probably not if you're doing outpatient MSK but I wouldn't take that on as that's just Pain Lite.
Several people I know “sell” their nights and weekends, so the option is there to do anesthesia without these even at level 1 trauma centersOnly upside to pain now vs anesthesia is no nights or call and 9-5. Getting to see my kids every morning and evening and sleeping in my own bed every night is the only thing keeping me from going back into anesthesia.
I'm an anesthesiologist and still cover some OB, but there is no way that bending to the will of surgeons every day or dealing with GSWs at 2AM or dealing with 500lb ASA 4.5s with full beards and mallampati 4s is worth doing full time main OR anesthesia to me.
25 procedures and 20 em visits today. Slowed down by a med studentThat assuming you have 5 days of procedures for 11 months straight. Most docs split their weeks.
Busy morning.25 procedures and 20 em visits today. Slowed down by a med student
Hold up, you did 25 procedures AND 20 clinic visits in one day? How? Do you have 2 c arms? Seems impossible without a scribe and 2 c arms25 procedures and 20 em visits today. Slowed down by a med student
Do you enjoy it?I have 56 today.
Psych was the same way a few years ago -Even PM&R has lots of opportunities right now. Loads of zero-time side gigs available and low stress main gig makes the ceiling extraordinarily high depending on how involved you want to get.
I agree -I'm an anesthesiologist and still cover some OB, but there is no way that bending to the will of surgeons every day or dealing with GSWs at 2AM or dealing with 500lb ASA 4.5s with full beards and mallampati 4s is worth doing full time main OR anesthesia to me.
Ask again once CMS rolls this out:
It's possible this would be a good thing.
Here is a possible outcome.
Pain physicians no longer take medicare (because it would cost them money). They take cash pay only.
Cash for procedures that make a difference - that's a good thing.
Ouch.56/56
Zero no shows.
It was good. My partner saw 41. He did mostly procedures in the AM. We had time for me to do a bunch of same day procedures in the afternoon. We had only two MA’s. I room my own patient frequently and do the doctor stuff then let the MA catch up behind me. If it is a medial branch block I will just do the procedure by myself. I did one scs trial and one bilateral cervical rfa. The rest were just office visits, 8 telemeds at lunch, a couple scheduled esi’s and then same day esi’s and si joints. I’m good at controlling the office visits in a nice way. We don’t get bogged down in talking about a fall at age 8.
are a lot of your e/m visits level 3's? I'm guessing you're in the room 5 min max with each patient. You must be a master of the short and sweet, in and outIt was good. My partner saw 41. He did mostly procedures in the AM. We had time for me to do a bunch of same day procedures in the afternoon. We had only two MA’s. I room my own patient frequently and do the doctor stuff then let the MA catch up behind me. If it is a medial branch block I will just do the procedure by myself. I did one scs trial and one bilateral cervical rfa. The rest were just office visits, 8 telemeds at lunch, a couple scheduled esi’s and then same day esi’s and si joints. I’m good at controlling the office visits in a nice way. We don’t get bogged down in talking about a fall at age 8.
It was good. My partner saw 41. He did mostly procedures in the AM. We had time for me to do a bunch of same day procedures in the afternoon. We had only two MA’s. I room my own patient frequently and do the doctor stuff then let the MA catch up behind me. If it is a medial branch block I will just do the procedure by myself. I did one scs trial and one bilateral cervical rfa. The rest were just office visits, 8 telemeds at lunch, a couple scheduled esi’s and then same day esi’s and si joints. I’m good at controlling the office visits in a nice way. We don’t get bogged down in talking about a fall at age 8.
I have 56 today.
so your take home pay is at least $2m+ before taxes? If not, then you're working too hard unnecessarily.Our total collections Is going to be less than $5m for sure. Both doctors together.
same set up as you.Thanks for the breakdown. We see max 24 a day, but we can't do same day procedures because they won't pay and I'm taking my lunch, dammit. Telehealth is bad medicine anyway in my opinion. I would also never do a procedure by myself for liability reasons.
Glad you're doing awesome though.
completely forgot. Makes sense on why you do what you do. Wishing more success to you!Well, I do own the business. So the take home is dependent on how well I can control costs. Which I do a good job at.
This is me 12 years in. Clinic 8-430 maxed at 22/23 half new half follow up.I am always so impressed when I read about how others are seeing 40-50 patients a day. A “busy” day for me is 25 patients or so. I have 15 minute slots for followups and 40 minute slots for new patients. I have become more efficient with new patients and get them done in about 15-20 minutes most of the time now. But even then, I feel like I have just enough time to see the patient and finish my notes. I need to get on your level.
Wow..I will ask how many steps all day everyday…View attachment 410462
2024 Physician salary report: Results show increased earnings
Medcape's physician salary report for 2024 shows physician compensation is up, notably for self-employed doctors and those in the Midwest.weatherbyhealthcare.com
Don’t forget PT/OT/SLP, continue bowel regimen!Wow..I will ask how many steps all day everyday…
this is my goal when Im at your stage, just a few years awayThis is me 12 years in. Clinic 8-430 maxed at 22/23 half new half follow up.
Procedures 28/day max 2x/week all in office usually w 1 Kypho and 2 rfa
How are you getting same day authorization and procedures paid for? I haven’t done this in years for these reasons. What is your secret? Or are you just billing the patients when insurance doesn’t pay?Well, I do own the business. So the take home is dependent on how well I can control costs. Which I do a good job at.
Are you in private practice? What EMR are you using?I am always so impressed when I read about how others are seeing 40-50 patients a day. A “busy” day for me is 25 patients or so. I have 15 minute slots for followups and 40 minute slots for new patients. I have become more efficient with new patients and get them done in about 15-20 minutes most of the time now. But even then, I feel like I have just enough time to see the patient and finish my notes. I need to get on your level.
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