Is Dentistry on the Decline

[yappy]

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Thanks wired. i already read that. There are some large falacies in it. Just go check out some physician recruitment jobs for hospitalists.

200k+benfits+401k matching+malpractice @ 7 days on (10hrs) / 7 days off is not uncommon at all.

I agree that if you work in an out patient solo practice you will work more.

 

[Sublimazing]

Thanks wired. i already read that. There are some large falacies in it. Just go check out some physician recruitment jobs for hospitalists.

200k+benfits+401k matching+malpractice @ 7 days on (10hrs) / 7 days off is not uncommon at all.

I agree that if you work in an out patient solo practice you will work more.

You keep talking about these hospitalists jobs. For the denties that don't know the hospitalist is a relatively new group (20ish years) of docs who form a private group (some small some extremely large) and are contracted by hospitals to take care of in patients. Most internal med and primary care docs who are not apart of these groups dislike them...why? Same reason we do, these are the corporate physicians, the equivalent of our aspen, familia, etc...

Hospitalists have the highest turn over rate and the highest rate of foreign trained doctors. The fact that they have recruitment fares should tip you off.

There have been a ton of NEJM and ACP articles about them, but they are corporate doctors (many fresh out of school) who are taking tough jobs no one else will take but newbies and foreigners.

Anyways...I've made some generalizations...but out of the 12 hospitalists at my hospital; 11 are foreign and the other graduated last year.

So another situation of know the pros and cons before signing that contract!

 

[wired202808]

Thanks wired. i already read that. There are some large falacies in it. Just go check out some physician recruitment jobs for hospitalists.

200k+benfits+401k matching+malpractice @ 7 days on (10hrs) / 7 days off is not uncommon at all.

I agree that if you work in an out patient solo practice you will work more.

Maybe these types of jobs exist in Iowa, no way in million years will you ever work 40 hrs a week in a hospital in a major metro city.

 

[yappy]

You keep referring to hospital... it makes me think we're on different pages. It's great wired that you're set on dentistry. I think it's easier for you by telling your self and making assumptions about all other career fields. Good luck - I hope you can learn to do honest research in the future even if your assumptions are not meet by the results (see: confirmational bias).

Emergency physicians, Intensivists, and hospitalists all have access to nice shift schedules.

Maybe these types of jobs exist in Iowa, no way in million years will you ever work 40 hrs a week in a hospital in a major metro city.

 

[wired202808]

You keep referring to hospital... it makes me think we're on different pages. It's great wired that you're set on dentistry. I think it's easier for you by telling your self and making assumptions about all other career fields. Good luck - I hope you can learn to do honest research in the future even if your assumptions are not meet by the results (see: confirmational bias).

Emergency physicians, Intensivists, and hospitalists all have access to nice shift schedules.

In Iowa! not in places like NYC, LA, Chicago. When you have more than 1 million people no one works 40 hours a week. But I'll stop arguing and let that be your lesson when you realize you're working 60 hours a week instead your glorious 40. 🙂

 

[Sublimazing]

In Iowa! not in places like NYC, LA, Chicago. When you have more than 1 million people no one works 40 hours a week. But I'll stop arguing and let that be your lesson when you realize you're working 60 hours a week instead your glorious 40. 🙂

Yappy I think you should probably talk to at least 3-4 of these docs working 35 hour weeks and see what they say...also get a feel for their background and stats (foreign trained? Board scores? School attended? Families? What type of car they drive? How long they've been there? Is this their end game?)

When interviewing for residency one of the number one things I looked at were the current residents. Did I respect them? Did I think they had strong academic backgrounds? How were they doing at the program?

Websites and program directors/recruiters will give you the basic facts...but the people who currently hold the job you want is the proof in the pudding

 

[Firm]

It's worth it if you have low student debt and an existing practice to buy or walk into. If you have to go to a private school then work as an associate or start up yourself then no, it's not worth it. You won't see real money until your 40's. The ADA averages are for established practices. If you have an established (10+ year old) practice then you should be fine. If you have low student loans you will be fine. Specializing, unless it's OMFS, won't bail you out of your debt hole.

 

[Kobe08]

It's worth it if you have low student debt and an existing practice to buy or walk into. If you have to go to a private school then work as an associate or start up yourself then no, it's not worth it. You won't see real money until your 40's. The ADA averages are for established practices. If you have an established (10+ year old) practice then you should be fine. If you have low student loans you will be fine. Specializing, unless it's OMFS, won't bail you out of your debt hole.

What about pediatric? you get paid during residency and associate positions seem to command a very reasonable salary.

 

[toothdr5]

Do you like spending time with children? If yes, that is a good specialty for sure.

 

[Firm]

What about pediatric? you get paid during residency and associate positions seem to command a very reasonable salary.

Pedo is hot right now. The supply/demand ratio is good. Plus if you get paid to do a residency then even better.

 

[xStaH]

I graduate in a few months. I've got a job lined up as an associate GP with a base salary of $120k (plus production) working four days a week. Dentistry is where it's at right now. Of course, I also have $380k of student loan debt just from dental school

 

[Sublimazing]

I graduate in a few months. I've got a job lined up as an associate GP with a base salary of $120k (plus production) working four days a week. Dentistry is where it's at right now. Of course, I also have $380k of student loan debt just from dental school

Very nice! Always good to hear new grads getting good jobs.

 

[wired202808]

I graduate in a few months. I've got a job lined up as an associate GP with a base salary of $120k (plus production) working four days a week. Dentistry is where it's at right now. Of course, I also have $380k of student loan debt just from dental school

👍 good stuff

 

[bikedoc]

Pedo is hot right now. The supply/demand ratio is good. Plus if you get paid to do a residency then even better.

I agree with this last post.

 

[A6project]

I graduate in a few months. I've got a job lined up as an associate GP with a base salary of $120k (plus production) working four days a week. Dentistry is where it's at right now. Of course, I also have $380k of student loan debt just from dental school

mind sharing the state and city?

 

[phil80]

Very nice! Always good to hear new grads getting good jobs.

As a recent grad and not one of the better dental students, I will be making $145k as an associate (plus bonuses) right out of school, working five days a week

 

[suarez 7]

As a recent grad and not one of the better dental students, I will be making $145k as an associate (plus bonuses) right out of school, working five days a week

Do you mind sharing what school you went to, and what area you practice in?

 

[phil80]

Do you mind sharing what school you went to, and what area you practice in?

I will say I went to a southeastern state school and practicing now in a fairly big city. Seeing a lot of Medicaid patients but the patient flow is very steady. Several of my classmates joined up with one of the corporate dental groups and though they stay very busy they are making around $105-130k just out of school.

 

[superspike]

Do you mind sharing what school you went to, and what area you practice in?

Just curious, if you are making $145k a year soon out of school (which is great), is it right to assume about $11,000 per month, $8500 a month after taxes, and about $5500 per month after paying back your loans?

Just wondering as far as if that is the case with most new grads, that would make my decisions easier in school. Thanks

 

[phil80]

Yes, about 11k per month before taxes, and expect to pay around 2k a month for school loans (though some former classmates have it set up for 1k per month on loans)

 

[A6project]

that's fantastic! :thumpsup:

 

[Firm]

Just curious, if you are making $145k a year soon out of school (which is great), is it right to assume about $11,000 per month, $8500 a month after taxes, and about $5500 per month after paying back your loans?

Just wondering as far as if that is the case with most new grads, that would make my decisions easier in school. Thanks

You should be set up as a Corporation and have the corporation pay your taxes before it pays you. You can also pay it as a K-1 distribution(15%) but you definitely do not want to pay it after getting taxed 33%