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- Apr 9, 2007
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So I was looking up general CPT code fee schedules, and once I crunched the numbers, was surprised that a moderately paced practice could generate a nice income (public forum so no numbers please). There are obvious pros and cons to going solo, but given the earning potential of private practice, I wonder why more psychiatrists aren't going the solo route, and are instead choosing to work for groups/hospitals who skim a good percentage of the profits of what the physician generates.