Most lucrative specialty in 10 years?

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maybe, maybe not, but you're supposed to be an adult and make a decision about what your future career prospects will involve. Picking a medical specialty is no different than choosing whether or not to go to that second tier law school or dropping that engineering degree for a BA in interdisciplinary studies. "Do what you love" isn't going to pay the bills. You're responsible for your decisions.

I might argue that it's a little different because even if you choose pediatric infectious disease (or whatever the lowest paying specialty is), your earning potential is still considerably higher than average prospects for "BA in interdisciplinary studies" and your job security is going to be a lot higher than either the second tier law school or the random financially useless degree.

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I might argue that it's a little different because even if you choose pediatric infectious disease (or whatever the lowest paying specialty is), your earning potential is still considerably higher than average prospects for "BA in interdisciplinary studies" and your job security is going to be a lot higher than either the second tier law school or the random financially useless degree.
Sure, but it is still prudent to account for finances. If you attend an expensive school, live in an expensive area, have a non-working spouse, and/or kids then devoting 5 years to something like peds ID to make 125k-150k a year wont go very far at all. You couldve spent those 5 years doing rads, heme/onc, cards, GI, etc and make roughly 2x the salary with ease. Call me greedy, but that is a huge factor if you remotely enjoy the other specialties.

With a low-mid pediatric salary you almost have to rely on IBR and special govt forgiveness programs and there is no guarantee they will be in place when your debt will be "forgiven."
 
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Sure, but it is still prudent to account for finances. If you attend an expensive school, live in an expensive area, have a non-working spouse, and/or kids then devoting 5 years to something like peds ID to make 125k-150k a year wont go very far at all. You couldve spent those 5 years doing rads, heme/onc, cards, GI, etc and make roughly 2x the salary. Call me greedy, but that is a huge factor if you remotely enjoy the other specialties.

With a low-mid pediatric salary you almost have to rely on IBR and special govt forgiveness programs and there is no guarantee they will be in place when your debt will be "forgiven."

Not saying it shouldn't be a consideration, just that it doesn't necessarily have to be as big of a consideration as it would when deciding whether to go to a low tier law school or major in something without solid employment prospects.
 
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Not saying it shouldn't be a consideration, just that it doesn't necessarily have to be as big of a consideration as it would when deciding whether to go to a low tier law school or major in something without solid employment prospects.

True, you will always have a job, and I'm thankful some people do it. Just seems like alot to go through (debt, delayed savings/income, training) to have the similar lifetime earnings as an accountant.
 
I might argue that it's a little different because even if you choose pediatric infectious disease (or whatever the lowest paying specialty is), your earning potential is still considerably higher than average prospects for "BA in interdisciplinary studies" and your job security is going to be a lot higher than either the second tier law school or the random financially useless degree.

sure but if we can hold college students responsible for picking a career and understanding the financial implications of it, then we can certainly hold professional students responsible for the same.
 
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sure but if we can hold college students responsible for picking a career and understanding the financial implications of it, then we can certainly hold professional students responsible for the same.

Agreed. As I said above, I was just noting that it's likely to be less important than it would be in the situations you provided. That, of course, doesn't in any way mean it's unimportant.
 
Is this even a competitive surgical specialty?

According to AAMC-CiM, step1 average is 225 and step2 231... But they still make a lot of money--404k/year. Surgeons always win!:(
For a person who doesn't like colorectal surgeons, you seem to have a whole lot of butthurt which would require their expertise. You're not really making a correlation between Step scores and their income, I hope! That isn't really how it works. I think when you do the rotation and experience their hours, you'll understand more why they really have to make more than a PCP.
 
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For a person who doesn't like colorectal surgeons, you seem to have a whole lot of butthurt which would require their expertise. You're not really making a correlation between Step scores and their income, I hope! That isn't really how it works. I think when you do the rotation and experience their hours, you'll understand more why they really have to make more than a PCP.
I also understand why a derm physician make more than a nephrologist... Oh wait!
 
I also understand why a derm physician make more than a nephrologist... Oh wait!
I don't get the comparison you're making. Derm has part of cosmetics, so does Plastics. Cosmetics is paid for in cash, since health insurance doesn't pay for that. There are no cosmetic renal diseases. If there were cosmetic renal diseases, insurance wouldn't pay for that either. Also nephrology made tons of money with dialysis units.

Are you saying docs should be paid based on how hard it was to learn that particular organ system info for Step 1? If you're going to say everyone should make as much money as a PCP, you should be clear why.
 
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I don't get the comparison you're making. Derm has part of cosmetics, so does Plastics. Cosmetics is paid for in cash, since health insurance doesn't pay for that. There are no cosmetic renal diseases. If there were cosmetic renal diseases, insurance wouldn't pay for that either. Also nephrology made tons of money with dialysis units.

Are you saying docs should be paid based on how hard it was to learn that particular organ system info for Step 1?
You are the one who said they should be paid based on how hard they work... I am sure nephrologists on average work harder than derm, but their average salary is not 400k+/year...

My reference to step 1 average of rectal surgeons was a response to someone who said it was a competitive specialty...
 
I think people are taking my comments out of context... I think all physicians work hard for their money... I just think PCP should be making more.
 
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You are the one who said they should be paid based on how hard they work... I am sure nephrologists on average work harder than derm, but their average salary is not 400k+/year...

My reference to step 1 average of rectal surgeons was a response to someone who said it was a competitive specialty...
Your comparison is flawed since part of Derm is cash pay due to cosmetics. There is no such thing as cosmetic renal diseases. Were you not listening?

I said surgeons should be paid more than PCPs, since you were the one comparing PCP salaries directly to Surgery salaries. A PCP does 3 years and is done, a colorectal surgeon finishes 6 years (double) and those first 5 years are absolute hell in terms of hours. Do your Family Med and Surgery rotations, they're not at all alike in hours.
 
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My reference to step 1 average of rectal surgeons was a response to someone who said it was a competitive specialty...

Colorectal surgery is a fellowship completed after general surgery. The step one score is irrelevant to their match rate as other things such as their in training exam scores, become more important.
 
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W19 is the worst kind of ignorant.

I am consistently surprised at how naive he/she is with each subsequent post.
 
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W19 is the worst kind of ignorant.

I am consistently surprised at how naive he/she is with each subsequent post.
No personal attack here, my friend... You can make your point just like other people here without resorting to that... I read my post and I understand why people might take offense to them... I was not clear enough.

I am not criticizing other physicians who work hard to make their money; I just wish PCP would make a little bit more...
 
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You are the one who said they should be paid based on how hard they work... I am sure nephrologists on average work harder than derm, but their average salary is not 400k+/year...

My reference to step 1 average of rectal surgeons was a response to someone who said it was a competitive specialty...

You are sure based on what? Your years of experience in a college classroom?
 
I will pick things I like and then rank them in order of which one pays most ( keep in mind that the requirement is that I like them all ). This is mainly because of 100s of thousands in loans. I don't care if this looks bad to pre meds. I know I didn't get into this "for the wrong reasons" so I don't have to worry or even give that a second thought. But I do get why pre meds have that mindset
 
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What do you guys see happening to EM earning potential in the future, relative to other specialties?
 
What do you guys see happening to EM earning potential in the future, relative to other specialties?

Notable drops secondary to CMGs unless you're lucky enough to get employed by private groups with partnership tracks.
 
What is your issue with surgeons?

Don't you think the increased liability and training requirements are worth something?

I don't honestly see how anyone can say surgeons are overpaid. The sheer amount of training, technical knowledge and tenacity it requires to go through such rigorous training is insane. I know I couldn't do it, but I'm glad there are people out there you can. You guys deserve every penny.
 
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I don't honestly see how anyone can say surgeons are overpaid. The sheer amount of training, technical knowledge and tenacity it requires to go through such rigorous training is insane. I know I couldn't do it, but I'm glad there are people out there you can. You guys deserve every penny.

Quite true. I wouldn't do it unless I was like 24, and even then it is going to kick your butt and then some. I have a friend that got into a surgery program after MS. The person felt tortured and whined the whole time. So then that person got into a rads, which the person also loathed. I guess the third time was a charm, bc then same person got int another specialty that this person loves. I think you really need to love surgery to do it, else you are going to feel extraordinarily tortured. And you have to delay gratification in terms of income. I laugh at people that speak smack about surgeons, b/c often they just don't see even a small portion or the stress and strain and loss of sleep. Truly surgery is bad a$$, but you are also lucky if you have one by the time you get through the training, and then that's only the beginning.

Also, we would be majorly screwed without good surgeons. People don't really understand that reality too.
 
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i think surgery as a whole will be safe
 
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I think that dermatologists deserve every penny they make. Anyone who can read 1500+ pages on rashes without yanking out all of his or her hair has earned a handsome remuneration.

:D
 
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My god you are such an idiot.

1) @Mad Jack 's post about colorectal surgeons was a joke. He was joking about people on the Internet being butthurt, so they would need a colorectal surgeon.

2) in all seriousness, colorectal is a pretty competitive field. But it is a FELLOWSHIP after general surgery, so step one scores have no relevance in determining its competitiveness
You can make your point without calling me an idiot...
 
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You can make your point without calling me an idiot...

In all fairness, countless people on here have warned you of your idiocy, yet you have failed to even attempt to remedy it.
 
I just did know that people in here would be so hostile toward the idea of a fair(er) reimbursement system....

You see - here you go again.
 
I just did know that people in here would be so hostile toward the idea of a fair(er) reimbursement system....

People are mostly hostile towards your inability to understand how physicians are compensated, leading you to an extremely warped view of what is "fair."
 
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Well when the FP/GP wants to get up at 540 so they can see the first patient before 7 and be in the OR and asleep by 730, then practice applied critical care in a high risk environment for the next 10 hours, then take in house call for crash c sections and emergency surgeries on higher risk sick kids a couple times a month, maybe then he can ask for my income.
Of course they can monetize their business practice and offer other services to increase their bottom line and I cannot. Maybe I can go sclerose veins in a derm office on the side, but that's not really the same. I'm sure the derm practice would want a significant cut as overhead. So it seems to me at least that my subspecialist training and practice should command a premium over a generalist practice out in town.
 
I am not going to get into a debate about reimbursement or whatever... I just think PCP should be better compensated.
 
I am not going to get into a debate about reimbursement or whatever... I just think PCP should be better compensated.
The money has to come from somewhere chief. If someone gets more, someone else has to be getting less. And it's not like the GP crowd is destitute.
I did research with a Russian internist from Moscow, he took shifts on an ambulance as it paid more. Wrap your head around that one.
 
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I am not going to get into a debate about reimbursement or whatever... I just think PCP should be better compensated.

That's fine. Frame it that way instead of comparing their income with those of surgeons, dermatologists, and so on.
 
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I just did know that people in here would be so hostile toward the idea of a fair(er) reimbursement system....

you keep saying arbitrary things like this.

you realize a proposed system isn't really more fair just because you say so, or because it appears to distribute resources more equally among groups?

I just don't understand your insight at all. It's like what you'd expect out of a high school kid. You argue in this like extremely shallow first line thinking of like " PCP make 200K, specialist makes 275K, that is too much"

there's 0 insight about the reason these conditions might be present, just " I think the one number is too big."

which is why it's hard to believe you aren't trolling.
 
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@W19 I don't think your are an idiot and have no desire to insult you. I just disagree with you after working as a SICU, OHR, RN etc for 20 years. And I have only seen a portion of what is going with them, but I have had to work with them on patient orders and problems at the bedside, etc. I have seen them up daily before the sun rises reviewing all that patients on their service and ready to scrub in the OR not long after that. I have seen them cover difficult cases all night long, or have to go back into the OR or doing surgeries until 11PM or later, only to do all over again, and get a ton of other stuff in line before hand. I have seen them reamed out and not treated with soft hands a lot. And these are not careless, irresponsible residents or fellows. It can be brutal. Sure they have great days and experiences; but there is so much stress in this kind of role. They have to think carefully on their feet and the very nature of their work means procedures, and many, if not most--at least from where I have stood, are not easy, benign procedures. How many people are cutting or going inside someone's body regularly in medicine as compared with surgery? Under the best circumstances, it's very nature is abundantly risky. My exposure has been enough to help me know that they earn every red cent they make--especially when they really make it their business to be excellent at what they do. It is the most difficult road in medicine, period, and it's long and doesn't come easy. And hour requirements have changed that make it more challenging to get the experience in order for surgeons to gain the excellence they need. Thankfully there are those like mimelin that take every opportunity to get the experience that he will need to be excellent.

You have to walk a mile in their shoes or at the very least, stand on the sidelines and watch them on the field, and then your position will change. On a personal note, surgeons have helped and saved my loved ones, friends, and family members numerous times. No one ever knows when they or their loved one will need an excellent surgeon; but it can sneak up on you in an instant. You have to put aside your bias to understand the pounds of flesh they give up to do, hopefully (and I have been fortunate to work around excellent surgeon 99% of the time) be excellent surgeons, taking peoples' very lives and quality of lives in their hands regularly. Are there those that are less than good or excellent or just, not so great? Yes. I'm sorry to say, however, that is something that can be found in any field.
It is infinitely more egregious when it comes to surgery IMO. So you better believe any excellent program and PD is going to be tough, b/c it is the kind of area that requires the utmost care, and in a second, a decision or act could kill or maim someone.

I mean, it's OK to say you want PCP to be better compensated. Save your judgments, however, about compensation for surgery until after you have gone on some surgery rotations, at the very least.

Also, as I said, while we need PCPs in certain areas, we will also continue to need seriously good/excellent surgeons. Like I said at first, most people in their right minds wouldn't go through a surgical residency and fellowship for peanuts. It would be insane, and we need to keep people interested. And even with good compensation, I truly don't believe most surgeons will go through that lifestyle and all that training and intensity of training, just for the money. My friend was a good example. That person decided early on, "Nope. This is just too much." And it wasn't like this person was a slacker. The person went to an Ivy most would kill to get into. If we don't have excellent surgeons, we are screwed in terms of healthcare.
 
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Wasn't W19 the guy that had a journal of all the perceived slights he got by professors/administration?
 
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I am not going to get into a debate about reimbursement or whatever... I just think PCP should be better compensated.

Life isn't fair. Neither is medicine.
 
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any tl;dr on what the general consensus on what the most lucrative specialty will be in 10 yrs?
 
Same as the last 10 years.

Just work at Princeton Plainsboro. They can afford to pay four doctors, two of which are surgeons (one a neurosurgeon) to sit around and do nothing until their boss finds something shiny. Apparently, they don't understand how money works.
 
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Someone had mentioned EP has high paying. I thought so too until recently.

I'm a medical student and I've already answered the most important questions by concluding that EP is intellectually stimulating and rewarding for me. But given that I'd be an attending in 10 years, what do you think the field will look like then? Just looking at the job postings now is disappointing salary-wise, especially when considering the long road ahead. The numbers don't nearly reflect what current national averages claim. I see national averages listed at 500 - 600 K but the job postings and salary lookup tools in the northeast often show mid 200's for EP and even cards in general. Is this true or am I just not seeing the reality of things through online research?

I've also been thinking about the divide between academic/hospital and private practice. For how superspecialized it is, can someone do EP in private practice? I understand that they typically alternate between EP lab and clinic as well as occasional OR. Could this be done in an office + outpatient surgical center? My guess is probably not because cardiac procedures are no joke and probably need the resources of a full hospital to be available at moment's notice. If it can be, what is the disparity in earnings? I'd really appreciate the insight.

Thanks so much for offering your perspective.
 
My fiend who does EP is making over 600. Not in the NE, but not some backwater commuter airport city either. Some of these salaries you see posted may be minimum income as well. Many groups will guarantee you X but after a couple years everyone makes 3x. The only way to know for sure is to know someone there or apply. Physician income can be tricky to compare.
 
I know locums usually pay more, but do specialties compensate proportionately to the specialty or are some like really really in need so pay is much much more ? For example (grossly exaggerated just to make a point), a FM locum pays 5x approximate normal wage per hour where as Ortho only pays 1.5x. Or is it pretty random/not that simple? I'm having difficulty wording this question so hopefully that made some sense.
 
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