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Psychiatry starting salaries?

Discussion in 'Clinical Rotations' started by Khalid, Jun 10, 2002.

  1. Khalid

    Khalid Junior Member 7+ Year Member

    May 19, 2002
    Anybody know what they are coming out of residency? What is the general state of the specialty of Psychiatry in the new millenium?

    I'm having trouble finding reliable answers to the salary question. Most of the job sites I find do not list salary with the job descriptions.

    Any input is appreciated!
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  3. drusso

    drusso Physician Moderator Emeritus Lifetime Donor Classifieds Approved 10+ Year Member

    Nov 21, 1998
    Over the rainbow
    Right now there is a huge demand for psychiatrists because medical students have been avoiding the specialty for years. Pick-up journals and look at the ads in the back---salaries range from 120-150K to start. On the bright side, drug therapies will likely continue to improve for and we will continue to make biological advances into the understanding of mental illness. On the negative side, insurance companies and HMOs don't pay for comprehensive psychiatric services (hospitalization) anymore, clinical psychologists are on a rampage to get prescription privileges, and the field has been suffering from a lack of perceived prestige.

    There are very profitable niches in psychiatry--forensic psychiatry being one of them. Also, if you're academically-minded, dual FP-psych, IM-psych, and neuro-psych boarded physicians are always in demand in academic centers.
  4. Careofme

    Careofme Senior Member 10+ Year Member

    Jan 10, 2002
    Planet Earth

    what are the major difference between "dual FP-psych, IM-psych, and neuro-psych boarded physicians" that you mentioned and how do their salaries, lifestyle, etc. compare?


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