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I was wondering why you seldom hear psychiatry included in lifestyle specialties, like ROAD or E-ROAD?
What the deuce does "ROAD" mean?
There's still quite a stigma amongst physicians when it comes to caring for the mentally ill.
Until the stigma disappears (unlikely to happen overnight), then it won't make it into the list of most competitive specialties.
Money wise, private practice psychiatrists can make just as much if not more than some ROAD doctors.
how much can a cash only psychiatrist make in nyc?Face it, for every psychiatrist holding the hands of rich neurotics in cash-only practice, there are 10 of us working with the chronically and persistently downwardly mobile severely mental ill.
If you're allergic to poverty, don't go into psychiatry.
how much can a cash only psychiatrist make in nyc?
I've heard rates of $300/hr, though I think this assumes that you've graduated from a top residency program (e.g. Columbia, Cornell) so that your rich and somewhat narcissistic patients are willing to pay so much for the "best" treatment. Also, I'm guessing that they would be paying not only for medication management, but also for psychotherapy.
I'm not so sure how much influence residency prestige has over wealthy patients. Down here in West Palm Beach you'd be hard pressed to find a private practitioner charging less than <200/hr. Many of them have websites and apparently received training at standard academic programs i.e. no Harvard, UCSF etc. I think positioning is the biggest factor in drawing the rich i.e. they like local, easily accessible psychiatrists. My point is that there are far more wealthy individuals with emotional problems than there are private practitioners from the "top" programs to care for them; though I can see how coming from a top program might make market entry a bit easier.
🙁 Are we even in the same specialty here???
This boutique psychotherapy crap has as much to do with mental health issues in this country as liposuction does with the obesity epidemic!
You're Awesome👍
Yeah, that! Glad someone's out there in the trenches. 👍
I know many psychiatrists who work with the chronically mentally ill AND pay the bills by maintaining small private practices treating the wealthy. Just because you're rich, it doesn't mean you don't need treatment (although I also rankle at the profit-driven pursuit of entire careers dedicated to cash-only practice).
I know many psychiatrists who work with the chronically mentally ill AND pay the bills by maintaining small private practices treating the wealthy. Just because you're rich, it doesn't mean you don't need treatment (although I also rankle at the profit-driven pursuit of entire careers dedicated to cash-only practice).
I'd have to agree with Doc Samson's point that many psychiatrists have combined practices. A mentor of mine who I'd like to emulate has a boutique practice as well as an academic appointment at an inner city hospital. He maintains his presence in both fields. If anything, it makes him better equipped to manage the diversity seen in mental health since he's continually managing patients from all socioeconomic strata.
An established psychiatrist (over 10 years out of training) from a "Top Ten" program can charge--and receive--$500 an hour for a combined med/therapy practice. Forensic psychiatrists can receive up to $1000 per hour if testifying during a trial; depositions/research command much less.
Asking whether we're in the same profession is missing the point. We operate in a market economy and we're allowed to make choices regarding the type of practice we pursue. Saying that a general surgeon doing suburban bariatric surgeries is less of a surgeon (or isn't in the same profession) than an inner-city surgeon doing trauma is rather silly.
The accumulation of lucre does not make one less of a psychiatrist. If anything, it frees one up to practice psychiatry whichever way one chooses. In the end, a financially secure psychiatrist will likely take his/her time and turn out a better product.
Although, related to OldPsychDoc's point, I wonder how many of these rich patients actually see psychiatric treatment similarly to the way they see liposuction - as a way of absolving themselves of a life of empty consumption. I'm talking about the "neurotics" here (to use OldPsychDoc's term), and not the Axis I types.
Do people really care where you went for residency?
I don't think that doing psychotherapy for neurosis makes you less of a psychiatrist. Where do we draw the line? Pts with somatic symptoms of neurotic illness don't deserve treatment because "they're not that sick"? In my neck of the woods, many psychiatry residents get psychotherapy themselves to better understand their own countertransferential lens - since most of these folks have no psychiatric diagnosis (either Axis I or II), should we disparage the psychiatrists that provide them psychotherapy?
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This brings up another issue related to the notion of "boutique" psychiatry (for lack of a better term). I suspect that the elites of American society - those who make the decisions about things like what sort of medical care gets reimbursed by Medicaid and what gets on television - get most of their psychiatric care from boutique psychiatrists. Many of these elites may view psychiatry in a way similar to how they see other high-cost services (e.g. plastic surgery), the attainment of which separates them from the rest of society. This may feed into a notion that psychiatric care, in particular psychotherapy, is really a luxury of some sort. Perhaps this has some impact on how psychiatric services are reimbursed by insurers, or how psychiatrists are depicted in the media.
I did not mean to disparage. In fact, I feel that it would be best if everyone had the opportunity to talk to a therapist once a week. What's sad is that this is only available to a select few elites. Of course, many of these elites have real problems, by which I mean Axis I, Axis II and "the neuroses". However, my understanding is that neuroses are primarily dealt with by psychoanlaytic approaches, which are really only accessible to the rich since they are not reimbursed by insurers. This leads to the unfortunate impression that neuroses are a luxury for the rich. Also, it seems to me that most of one's training in psychotherapy in residency is with graduate students or college-age children of upper middle class families, not with the chronically mentally ill patients in the local community. I suspect that this acts to limit one's understanding of who would benefit from psychotherapy.
This brings up another issue related to the notion of "boutique" psychiatry (for lack of a better term). I suspect that the elites of American society - those who make the decisions about things like what sort of medical care gets reimbursed by Medicaid and what gets on television - get most of their psychiatric care from boutique psychiatrists. Many of these elites may view psychiatry in a way similar to how they see other high-cost services (e.g. plastic surgery), the attainment of which separates them from the rest of society. This may feed into a notion that psychiatric care, in particular psychotherapy, is really a luxury of some sort. Perhaps this has some impact on how psychiatric services are reimbursed by insurers, or how psychiatrists are depicted in the media.
Which reminds me--this week, while your representatives are home on Memorial Day recess, take a moment to call their office or drop them an email inquiring about their position on HR1424*, also known as the Paul Wellstone Mental Health and Addiction Equity Act of 2007. This bill has wide bipartisan support, and is a long overdue mandate that insurors provide equivalent benefits for mental illness and addictions. It's the right thing to do. Right now over half of the House is signed on as co-sponsors of the bill, so a note thanking your Representative might also be in order.
I hope that the movie, "Sicko" will cause the medical profession to reflect on equitable care for everyone because it's a human right. , isn't it?
I hope that the movie, "Sicko" will cause the medical profession to reflect on equitable care for everyone because it's a human right. Seems that physicians are so worried about their pay that what is going on with patients is getting lost, IMHO.
The same insurance companies who are screwing doctors are screwing patients. But instead of working towards a system thats a win-win for both physicians and patients, physicians are opting out and going to cash based practices? Our country really is every man for himself these days, isn't it?
Personally I don't think physicians are worried about their pay enough. Physicians as a whole are grossly underpaid for how much we go through (school, loans, residency, etc etc). Physicians salaries have consistently gone down year after year (especially compared to inflation) for almost 2 decades now. You make it sound like we're all money grubbing animals, when we went into a field that does nothing but help people. We constantly get screwed by insurance companies, lawyers, patients, etc. There are plenty of jobs out there that pay just as good if not better than being a doctor, especially considering how much they go through to get to those points. Every single one of us is hard working enough, intelligent enough, etc to get to those points.
Pharmacists make close to $100k starting in most areas yet only have 4 years of post-BA school to go through. The process isn't nearly as competitive and their jobs aren't nearly as stressful, plus for them to do a residency is optional. I have a few friends who are pharmacists and one of them is making $150k+ a year working from home 4-5 years out of pharm school.
Nurses all unionize and continue to see better pay, better hours, better benefits. You could say the same for NPs, PAs, etc. The list literally goes on and on.
Even outside of the medical field, I had friends who were making close to $100k with benefits their first year out of college and now in our mid 20s at least half of my friends are at that point. They also work about 40-50 hours a week instead of the 50-60+ that most doctors put in.
There are people on wall street whose bonuses easily top 10-20 doctors yearly salaries. There are people in the entertainment business (sports, movies, music, etc etc) that all make millions and millions. Most people don't even blink when the cost of a movie ticket, or the seat at sporting event goes up in price, but they cry/b###h/moan if their co-pay goes up.
You could argue that having a roof over someone's head should be a human right too. Does that mean we should offer free housing to everyone as well?
I'm all for health care that helps out people in need, but free health care is the last thing this country needs. We've all been taught in medical school and heard it several times that the #1 / #2 preventable causes of death in this country are obesity / smoking (read: the 2 biggest costs for medical care today). We've all done surgery rotations and seen trauma cases (esp MVAs) that are usually the result of alcohol or foul play. We've all seen the frequent fliers on quite a few rotations.
Most people in this country already take their health care for granted.
And while I agree with you, that there are people in this country who need help and aren't simply getting it, I will disagree and say free health care for everyone is NOT the answer.
While free health care does help more people, it also would increase complacency (in the already ridiculously complacent 'lets blame someone else' country of ours). It would also increase the time for people to get key and critical health services. I've talked to Canadians and people from European countries who've said they've had to wait months on end to get certain imaging procedures, appointments, etc.
*edit* Let me also add and say I'd be 100% for free health care in this country if the majority of people would take some responsibility for their own problems (not that it'll happen anytime soon): 1) stop ridiculous medical malpractice lawsuits 2) stop / ban smoking 3) stop/ban illegal drugs 3) consume alcohol in far more moderation 4) take the time to exercise / lose some weight / stop eating & consuming the way we do / curb our obesity epidemic.
ban illegal drugs.
Compare average life expectany in the UK (socialized healthcare) with average life expectancy in the US (especially, if you look at ethnic minorities). What more can I say?
And therein lies the tangled web.
Same argument goes for violent crime and the gun-banning argument. The UK doesn't have our population subsets in equal numbers. So statistics are different. Same goes for healthcare and health education.
The DM and obsity epidemic didn't exist in 1955. It does now. There's a reason for that. The culture has changed on all fronts, and modified hedonism and entitlement rules the day.