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Back in day when googling about podiatry, wasn’t there a website called something “angel” that was discouraging people from going into podiatry, but the SDNers would say that site was ran by disgruntled podiatrists. Someone’s gotta remember this. 😅
Back in day when googling about podiatry, wasn’t there a website called something “angel” that was discouraging people from going into podiatry, but the SDNers would say that site was ran by disgruntled podiatrists. Someone’s gotta remember this. 😅
I’d need to be slightly less sober to truly dive down the rabbit holeAbout podiatry, podiatry schools, podiatry school, podiatric medicine, being a podiatrist, podiatrists, podiatric profession, foot doctor, podiatry information
This is a site for anyone considering a career in podiatry, as a podiatrist, in the podiatric profession, or looking for information about podiatry school or podiatry schoolswww.angelfire.com
Everything they said is true wowAbout podiatry, podiatry schools, podiatry school, podiatric medicine, being a podiatrist, podiatrists, podiatric profession, foot doctor, podiatry information
This is a site for anyone considering a career in podiatry, as a podiatrist, in the podiatric profession, or looking for information about podiatry school or podiatry schoolswww.angelfire.com
About podiatry, podiatry schools, podiatry school, podiatric medicine, being a podiatrist, podiatrists, podiatric profession, foot doctor, podiatry information
This is a site for anyone considering a career in podiatry, as a podiatrist, in the podiatric profession, or looking for information about podiatry school or podiatry schoolswww.angelfire.com
Remember Geocities too?! Anyone could just go and create a site. My brother used to make some cash on the site doing that, mainly in the early php days for COD1/CS teams.It's fascinating, back in the 90s if you wanted a website, angelfire was a quick and easy way to get your message out. People made some money back in those days before the dot-com bust. It was a great time to be a kid because you knew more about the internet than the grownups.
SussWhen I was externing this one director pulled this website up, made me read it, then asked my thoughts… so strange that he did that
And in private practice you take your 3% Medicare cut a year.
I honestly see PP as a losing proposition if things continue the way they are now. I know a pod from my hometown who wants to retire in about 5 years and I know he wants me to buy his practice but I think I honestly would just prefer to work for the community hospital there instead. The hospital previously tried to buy him out and hire him but I think he was asking for too much. He does own the building where he practices though so that may be why.And in private practice you take your 3% Medicare cut a year.
For the most part I don't understand how a person who makes $265K and has no patient base/is brand new etc would consider leaving for a world where (a) you have to negotiate with insurance (b) you have to take yearly cuts from Medicare (c) you have to actually collect money from patients (d) you are subject to the costs of vagaries of things like Athena/EHRs/MIPS (e) and you literally have to buy the practice from someone.I honestly see PP as a losing proposition if things continue the way they are now. I know a pod from my hometown who wants to retire in about 5 years and I know he wants me to buy his practice but I think I honestly would just prefer to work for the community hospital there instead. The hospital previously tried to buy him out and hire him but I think he was asking for too much. He does own the building where he practices though so that may be why.
For the most part I don't understand how a person who makes $265K and has no patient base/is brand new etc would consider leaving for a world where (a) you have to negotiate with insurance (b) you have to take yearly cuts from Medicare (c) you have to actually collect money from patients (d) you are subject to the costs of vagaries of things like Athena/EHRs/MIPS (e) and you literally have to buy the practice from someone.
There's money that can be made in PP, but there's too much deterioration. Older pods talk about how much better it used to be, but its strange to be doing something for 5 years and mostly see it getting worse during that time.
Loan repayment with hospitals is actually not super common. And maybe capped at 100k max. At least directly. There is still PLSF thoughI keep reading the hospital doc salary blurbs to one of my PP partner and we are just blown away. PP just can't compete with 265k on 15 patients a day and one surgery a week. The reimbursement just isn't there unless you are doing tons of cash pay or super sketchy stuff (everyone gets cam boots, orthotics and grafts).
Also for the younger docs, the loan repayment that comes with hospital jobs is life changing.
you don't really save in the short run when you factor in how much you'll need to contribute to your HSA for the cardiac problems you'll be in forliving on ramen,
1) Reimbursement is there if you pick good area (payers, network well, build it well).... PP just can't compete with 265k ... reimbursement just isn't there unless you are doing tons of cash pay or super sketchy stuff (everyone gets cam boots, orthotics and grafts).
We're in the wrong thread for all these musings, but its really all about income, debt, and cost control.Alright let’s say I go full on budget mode... crashing with friends, living on ramen, and using the local food pantry. Could I realistically pay off my student debt, avoid it spiraling out of control, and get financially stable in a short amount of time after residency?
You mean a business model where the cost of supplies/labor continues to increase yet the reimbursement continues to decrease is unsustainable?I honestly see PP as a losing proposition if things continue the way they are now. I know a pod from my hometown who wants to retire in about 5 years and I know he wants me to buy his practice but I think I honestly would just prefer to work for the community hospital there instead. The hospital previously tried to buy him out and hire him but I think he was asking for too much. He does own the building where he practices though so that may be why.
Alright let’s say I go full on budget mode... crashing with friends, living on ramen, and using the local food pantry. Could I realistically pay off my student debt, avoid it spiraling out of control, and get financially stable in a short amount of time after residency?