Is it possible to become an MD and choose to work 40 hour weeks, so you have free time for life? Is there any specialty you can choose to work in with hours like that?
Cheers,
Cheers,
Is it possible to become an MD and choose to work 40 hour weeks, so you have free time for life? Is there any specialty you can choose to work in with hours like that?
Cheers,
Is it possible to become an MD and choose to work 40 hour weeks, so you have free time for life? Is there any specialty you can choose to work in with hours like that?
Cheers,
You can probably work part time (25 hours/wk) and still earn $100,000+. Sounds like a nice life-style to me.
You can probably work part time (25 hours/wk) and still earn $100,000+. Sounds like a nice life-style to me.
So despite working only 20 or so hours less than full time, you get less than half the pay that the average physician would get?I find this very hard to believe, unless you are in an uber-lucrative field (like ortho spine, or something)....but in that case, it's unlikely that you're going to want to work part time, for a lot of reasons.
Part time in most office based fields pays $70K-$90K, roughly. Some offices are very reluctant to hire a part-time physician, because you're only getting part of the coverage, but you still have to pay out almost full malpractice. So, the practice that hires you loses out on the end.
Finally, and most med students do not understand this, but "part time" does NOT mean "25 hours a week." Most full time physician jobs are 60-80 hours a week, so "part time" is frequently actually closer to 40.
Yeah the 70-90k thing makes no sense. A PA makes that muchSo despite working only 20 or so hours less than full time, you get less than half the pay that the average physician would get?
For example, if you are a specialist whose field earns you approximately $220,000 a year full-time, you'll only be paid $70,000-$90,000 if you work a 40 hour week?
Well she made that post over three years ago, practices in a state with a low reimbursement because of the high malpractice and is talking about a lower paid specialty. So yes if your specialty pays $150-$200,000 per year after expenses, part time would be around 70 to 90,000.Yeah the 70-90k thing makes no sense. A PA makes that much
Holy crap that is low pay for the debt we go through in schoolWell she made that post over three years ago, practices in a state with a low reimbursement because of the high malpractice and is talking about a lower paid specialty. So yes if your specialty pays $150-$200,000 per year after expenses, part time would be around 70 to 90,000.
It doesn't have to be that low but I was responding in the perspective of someone that does OP FM with an often underinsured patient population.Holy crap that is low pay for the debt we go through in school
You could easily work 20 hours a week in psychiatry (a historically low paid but now becoming somewhat higher paid field) and make more than $100k. Just throwing that out there if you're into lifestyle considerations. Pretty good if you don't have debt.
True but unless we are talking about a hospital setting, rather than hanging up a shingle, it takes a fair amount of effort to keep those 20 hours of appointments booked, and overhead isn't free.
Overhead is generally fixed. If you're paying 100k in overhead for a doctor, and they pull in 300k working 60 hours, they net 200k after overhead. When they drop down to 40 hours, they're pulling in 200k gross, 100k net, so their pay gets halved. That's the nature of the beast. This largely applies in offices with fixed practice costs, such as rent, malpractice, utilities, staff, etc that the physicians pay directly. If you're working for a hospital in something like EM, urgent care (which is technically office based but functions far differently than an office setting in regard to how they handle employees), or as a hospitalist, overhead is less of an issue since you're just a body, allowing you to cut your hours with a a more direct cut in pay.So despite working only 20 or so hours less than full time, you get less than half the pay that the average physician would get?
For example, if you are a specialist whose field earns you approximately $220,000 a year full-time, you'll only be paid $70,000-$90,000 if you work a 40 hour week?
Worked with a pm&r doc and pain management doc who worked for kaiser in San Diego. Both worked 35-40 hrs a week m-f. I know the latter made a little north of 300k per year
I know lots of people in these fields and though they may work in their offices for 35-40 hours a week, there's a lot of hustling and marketing they need to do to fill those appointments. Kaiser and other insurers approve many providers in each locale but generally aren't the pipeline that sends the patients.
Both physicians were quite candid with me about working for kaiser. The pain doc actually lamented how his autonomy was stripped working for kaiser. Nonetheless, he was willing to sacrifice autonomy because of the lifestyle friendly hours and that "after 430-5 m-th, I get to leave work at work and go home to my family". His friday was a half day
I still say he wasn't sharing with you everything he's doing to both keep that Kaiser relationship alive and get the local orthopods to send him business. Plus he still has to "run" the day to day operations. I know lots of these guys and they aren't really "off" outside of business hours if they want to be successful. I've also worked on bankruptcies of providers who lacked the hustle.
...Then again, in this contemporary age of medicine with technology ever pervasive, how many physicians can really disconnect from work in the off hours?
Alot of my pm&r attendings make between 175-250k working 35-50 hours a week. The inpatient docs probably work less since residents are more useful in that setting. Not big money, but not too bad. They also have 45 min-1 hr for new patients and 20 min for follow ups. In PP you can make more, but will be hustling alot more.
I still say he wasn't sharing with you everything he's doing to both keep that Kaiser relationship alive and get the local orthopods to send him business. Plus he still has to "run" the day to day operations. I know lots of these guys and they aren't really "off" outside of business hours if they want to be successful. I've also worked on bankruptcies of providers who lacked the hustle.
Having moved to the next stage of the medical game I can tell you that what you "see" as a resident is always less than what is happening. In an academic setting there are many "nonclinical" obligations attendings need to do (just to keep their job let alone get promoted) that sometimes drastically increase their hours. Meetings, committees, research, teaching -- it all adds up. Their clinical hours are just the tip of the iceberg residents get to see.
Not to say there's a direct correlation but after interviewing at 16 pm&r programs, the same theme ring true in residency. Save for ~3-4 more malignant programs among all the pm&r programs, the most rigorous days of inpatient medicine are an 8-4/5
... Its odd that my residency lifestyle may be as good or slightly better than as an attending.
Maybe so, but I'm walking with them out of the office or hospital 70% of the time. Plus, all but the chair and 3 others are hospital employed with no publishing duties and fairly limited committee involvement. I suppose they could be doing more at home than I believe...