I am going to add my few cents...
...So it is projected that the demand for PCPs is increasing and will continue to increase in the coming years. Does this translate to potential increases in income?
Increased demand = increased pay right?
Primary care incomes have nowhere to go but up...
I will not work for an organization that pays me less than a nurse with one hell of a lot less training...
While I support nurses, I must say that this is just wrong...
...it's just a device that hospitals and various outpt facilities use to try and save money.
Again, physicians seem far too easily roped into the class warfare game. Our intrinsic sense of ...?nobility makes us not admit to any real monetary motivation in our career choices. Everyone out there seems to understand this and use it to manipulate physicians.... "we do it for the patients", "we just want to serve society", "you didn't go into medicine to be a bean counter", etc, etc.... But, if
YOU want to buy all of that political sales, then do so...
but do so for yourself and accept your decision to do so. If you feel
YOUR efforts & investment are only worth 80k, 120k, 150k, 200k/yr etc return, great. However, do not try and compare yourself to the lawyer, engineer, nurse and mandate your value stick on other physicians. Hospitals, CEOs, & practice managers always play the card... "you could help the community oh, so much.... imagine the good you can do....". Then they offer you the privilege of accepting a 120k income to serve your community while they pocket the excess collections. You get your salary and the great spiritual uplifting satisfaction that you are serving the community greater good....
...I absolutely love Family Medicine and can't imagine doing anything else... ...You cannot pay me enough to do anesthesia (ugh!) or ...every day of every week over, and over, and over, and over...
I'm perfectly content with making "only" a meager average of $160,000/year...
Exactly!
YOU have determined the monetary return on
YOUR years of investment and future years of labor that is acceptable to you. But, to everyone else, if
YOU accept a certain return on your investment... please do NOT try to mandate
YOUR values and choices on folks making similar specialty training investments or worse mandating
YOUR values and choices on those making completely different specialty choices, family and self investments and labor choices. Stop with the "fair" arguments. It's so "unfair".... "I earn 180K as an FP while the neurosurgeon/anesthesia/GSurgeon....(doing a job they
"couldn't pay YOU enough to do") is earning over 300k for their training investments and current labor"
Ok, let's do a reality check....
...The class warfare theme is very easy if you simply take dollar figures out of the context of their reality. It is nice to complain about an 80k/yr engineer job over 17 yrs and explain that you prefer the route of the physician.... but, then, why didn't you?...
The grass is always greener on the otherside until you are actually the one responsible for the lawn maintenance. The "reality check" is that a 188k starting income does not arrive to the physician cause they sat on the couch eating bon-bons for seven more years. It was and continues to be hard work. It is that work and effort the we get paid for... those that start at 188k and don't continue hard work see a dramatic drop in income usually within a year or two...
...I encourage every physician to fight for maximum payment for the level of work/services they provide... We all need to acknowledge the sacrifices we have made by choosing the long path we chose and acknowledge that journey as having a true monetary value. It is/was an investment. We should be damn sure to collect a solid return on that investment and not leave it on the table cause someone else... made different choices.
So, do NOT begrudge the janitor, teacher, fireman, lawyer, or even the nurse the income they garner. Rather, stop the hypocrisy of being a "matyr" and demand the level of compensation each feels your investment, current labor efforts, and risks are worth... Otherwise, if this is about how charitable you are, then provide charity and shut up about those that want compensation for their work.