- Joined
- Mar 29, 2016
- Messages
- 618
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- 947
Medical training is an enormous investment with the potential payoff being well over the time-horizon and thus invisible at the early stages of training. We have no idea what kind of job market and compensation will await us 7 or 10 years down the road, which is a bit dispiriting as we try to motivate ourselves to keep cramming endless minutiae and working endless shifts to ever so slowly move towards our destination. So it makes sense to consider which specialties are most and least likely to provide the pot of gold at the end of the rainbow.
In my opinion...
Safest:
1) Ortho
2) Neurosurg
The surgical specialties are obviously safer than the nonsurgical specialties from both the midlevel and AI boogeymen. They are also safer from residency expansion because it's just not that easy to open up or expand a surgical program, and most institutions with enough volume to host a surgical residency already have one. The reason I selected ortho over neurosurg is that ortho is at least theoretically able to survive outside of the corporate hospital/third party payor system whereas neurosurg is not. If the sheit hits the fan and reimbursement is slashed to European levels or hospitals merge to form one massive Wall Street Health System Inc to depress wages, ortho at least has the option to shift entirely to ASCs and charge cash for the professional fee (you get around $1500 for a knee replacement which frankly is about what an endodontist charges for a freakin' root canal and endodontists survive on cash).
Least safe/wouldn't even consider if you offered me a $100k bonus right now:
Rads
Gas
Path
Do I know for sure that rads and anesthesia will be decimated by AI and midlevels respectively? No, there can obviously be no certainty about the future but those fields face threats that are so specific and well defined that I would never risk staking my entire career on the hope that the worst-case-but-reasonably-likely scenario will not come to pass. As for path, it's been crap for decades.
Agree? Disagree? Any other fields to add to the two lists?
In my opinion...
Safest:
1) Ortho
2) Neurosurg
The surgical specialties are obviously safer than the nonsurgical specialties from both the midlevel and AI boogeymen. They are also safer from residency expansion because it's just not that easy to open up or expand a surgical program, and most institutions with enough volume to host a surgical residency already have one. The reason I selected ortho over neurosurg is that ortho is at least theoretically able to survive outside of the corporate hospital/third party payor system whereas neurosurg is not. If the sheit hits the fan and reimbursement is slashed to European levels or hospitals merge to form one massive Wall Street Health System Inc to depress wages, ortho at least has the option to shift entirely to ASCs and charge cash for the professional fee (you get around $1500 for a knee replacement which frankly is about what an endodontist charges for a freakin' root canal and endodontists survive on cash).
Least safe/wouldn't even consider if you offered me a $100k bonus right now:
Rads
Gas
Path
Do I know for sure that rads and anesthesia will be decimated by AI and midlevels respectively? No, there can obviously be no certainty about the future but those fields face threats that are so specific and well defined that I would never risk staking my entire career on the hope that the worst-case-but-reasonably-likely scenario will not come to pass. As for path, it's been crap for decades.
Agree? Disagree? Any other fields to add to the two lists?
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