Job market is super strong this year
Haters wake up
Haters wake up
I am a recent residency graduate and wanted to offer my experience, which seems to be at odds with many of the views being expressed here.
I came out of a solidly middle-tier program. I wanted to find a job in a very specific city (not where I did residency) in a state where it is typically considered to be difficult to find a job, and started networking very early. I was able to get a job in that city that I am very happy with. All of the graduates from my middle-tier program from the past 5 years who I know personally have all secured jobs that they were very happy with, in cities they were very happy with. I personally do not actually know any rad onc graduates who are unhappy with the jobs they were able to find.
This is clearly not everyone's experience. But it's all of the first-hand knowledge I have of the job market.
That’s the case for 99.9 percent of people in the field!
The toxic posters here have ZERO clue what they are doing to thought processses of unknowing med students. It’s sad actually. And it’s the same five voices (who are all RAKING it in in their sweet jobs)
We need payment parity between hospitals/academic systems and freestanding centers. How academics preach cost control while billing 2x what freestanding centers do for the same service is beyond me.
I'd like to see proof of what you posted. Academic centers do sometimes negotiate better prices than freestanding centers, but they also face more costs (which is how they justify the expense). Training residents is inefficient and expensive. That is part of the reason they negotiate a higher rate and payers agree to it as part of the process of education. Also, payers may find that access to certain academic centers is attractive and allows for marketing. Lastly, academic rad oncs do not negotiate those contracts. Those centers have a team that negotiates those rates as part of a comprehensive billing arrangement. Rad Onc is a very small piece of such a contract.
Also lastly, it's a free market. Rates are negotiated. Having read some of these posts on this site you might think they frequent posters would like "medicare for all".
I would consider medicare for all.
My main point of that post is that the attending job market (for either new grads or old grads) is not a good one now. Lateral or upward movement for established attendings is more difficult.
Additionally, the bolded line is an often quoted falsehood that is perpetuated by only those in Rad Onc. There is no evidence (that I am aware of) that that statement is at all true. Stark laws do not play a role in this. Maybe anti-trust, but not Stark. This exact thing is done in Derm, Plastics, Urology, and other in-demand specialties that have good job markets. Residency expansion seems to have slowed down recently, which is good.
ASTRO leadership are generally chairmen/women. Chairmen/women make more money for their department getting residents (even if they have to pay them out of their own pockets) rather than PAs/NPs. Chairs are generally the ones who make the decision on whether to expand or not. It's all the same people.
That’s the case for 99.9 percent of people in the field!
The toxic posters here have ZERO clue what they are doing to thought processses of unknowing med students. It’s sad actually.
That’s the case for 99.9 percent of people in the field!
The toxic posters here have ZERO clue what they are doing to thought processses of unknowing med students. It’s sad actually. And it’s the same five voices (who are all RAKING it in in their sweet jobs)
That’s the case for 99.9 percent of people in the field!
The toxic posters here have ZERO clue what they are doing to thought processses of unknowing med students.
And I'm sure that job never made it to the "ASTRO career center"started networking very early. I was able to get a job in that city that I am very happy with.
I'd like to see proof of what you posted. Academic centers do sometimes negotiate better prices than freestanding centers, but they also face more costs (which is how they justify the expense). Training residents is inefficient and expensive. That is part of the reason they negotiate a higher rate and payers agree to it as part of the process of education. Also, payers may find that access to certain academic centers is attractive and allows for marketing. Lastly, academic rad oncs do not negotiate those contracts. Those centers have a team that negotiates those rates as part of a comprehensive billing arrangement. Rad Onc is a very small piece of such a contract.
Also lastly, it's a free market. Rates are negotiated. Having read some of these posts on this site you might think they frequent posters would like "medicare for all".
I'd like to see proof of what you posted. Academic centers do sometimes negotiate better prices than freestanding centers,
I've never heard of that being the case. I know our practice charges half of what the hospital in town charges for a PET/CT and we are also less expensive radiation wise.
it's well known that hospital raise rates after acquiring independent/private practices and this occurs across multiple specialties
Same Doctor Visit, Double the Cost
Its true hospitals get paid more than physician practices and has probably driven a lot of the consolidation. That being said, there are changes happening. The Balanced Budget Act of 2015 (BBA) disallowed provider-based billing by hospitals for newly acquired physician practices after 2015 and the trend of hospitals buying physician practices has flattened since 2015 (after a decade of rise). AMA is doing a lot of great work in this area.
Its not a complete lie, you dont know what your talking about. I heard as well from people at MSKCC they are hiring alot of positions. I also spoke with leadership of MD Anderson and they are hiring multiple positions. NYC and Houston TX, are those junk middle of nowhere cities??
Alot of overblown end of the world talk on this thread. Rad Onc is a small competitive field, the med students that applied this year are lucky that they will all match.
The data is actually much worse than what I posted. I'm with a very large private practice, and our payers we negotiate with tell us academic centers cost 5x what we do with equivalent outcomes. This is internal data, I saw it, but I cannot share it. I certainly don't expect you to believe me, but that's what it is.
However, pay rates from insurers generally start with Medicare rates as a base/starting point, and as you know Medicare rates for hospital-based services are substantially higher than those for free-standing clinics for the same XRT services. You don't need "proof" for this, as it's published in the CMMS rates. As a result, yes rates are negotiated, but it's from a starting point which already is on uneven ground.
Academic centers are paid by the government to provide training for residents; it's not my understanding that payers are responsible for any additional expenses due to residents being in the clinic.
I certainly do agree that payers may want to include academic centers in their approved clinics, as it would help potentially attract patients.
Finally, I do not care in the least that academic radoncs don't negotiate those contracts. The "financial toxicity" of their patients should be their concern whether or not they were involved in contract negotiation, and we both know academic radoncs continually browbeat their community colleagues for what they see as overly-expensive care. It's hypocritical to do so while providing care which costs far more than it needs to.
Just an aside, in the interest of unbiased reporting, the only real thing I can find in regards to higher reimbursement from Medicare suggests that freestanding centers get paid MORE, at least in prostate cancer, based on this SEER analysis: http://ascopubs.org/doi/full/10.1200/jop.2015.005694
Figure 2 shows the data.
Not a ton published, obviously, but just a data point.
Troll alert
Highly ironic.
The data is actually much worse than what I posted. I'm with a very large private practice, and our payers we negotiate with tell us academic centers cost 5x what we do with equivalent outcomes. This is internal data, I saw it, but I cannot share it. I certainly don't expect you to believe me, but that's what it is.
However, pay rates from insurers generally start with Medicare rates as a base/starting point, and as you know Medicare rates for hospital-based services are substantially higher than those for free-standing clinics for the same XRT services. You don't need "proof" for this, as it's published in the CMMS rates. As a result, yes rates are negotiated, but it's from a starting point which already is on uneven ground.
Academic centers are paid by the government to provide training for residents; it's not my understanding that payers are responsible for any additional expenses due to residents being in the clinic.
I certainly do agree that payers may want to include academic centers in their approved clinics, as it would help potentially attract patients.
Finally, I do not care in the least that academic radoncs don't negotiate those contracts. The "financial toxicity" of their patients should be their concern whether or not they were involved in contract negotiation, and we both know academic radoncs continually browbeat their community colleagues for what they see as overly-expensive care. It's hypocritical to do so while providing care which costs far more than it needs to.
What payers tell you in negotiations doesn't need to have any connection with reality. A negotiation is just that, and they can say anything they want. If the payer chooses to pay the difference it's up to them. Note: most insurance companies that sell health insurance are doing quite well. CEOs from health insurers are THE top paid (I have a link I can't share) of all CEO groups. To that end, only the insurers pay "financial toxicity" if the treating docs keep within the policy guidelines. None of that is passed to a patient beyond their deducible and I'm sure that no RT course, from any center, is less than a deductible.
Academic centers are "paid by the govt" thru medicare/medicaid, but it has been frozen, I believe since the 70's and doesn't come close to covering the costs associated with training. Insurers also pay for clinical trials under the concept that improving health care is part of the mission. I also don't think that academic centers "provide care which costs far more than it needs to"....what is that based on? Most private practice physicians make much more than academic physicians. The highest margin in all of medicine is at Gunderson Lutheren in LaCrosse, WI, which is a private practice hosptial with private practice doctors. If you look at the top 10 hospitals in the US for profit, only 2 are academic centers: (can't share link...healthcare affairs from 2016, vol 35, issue 5)
Unfortunately I can't post links here yet....
99.9% figure?
Give me a break...
But, how many patients have straight medicare (which pays 80% and doesnt cover prescriptions?) Almost all have either a supplement or managed medicare/medicare advantage. The government is paying the medicare component (which are known and standard), but then the supplement/managed medicare payments kick in and that is the big black hole and the source of price issues.
Which don't relate to what a patient is paying aside from they pay for the supplemental. Remember that RadOnc is paid by fraction, not by course or diagnosis. If you bill 30/10 for bone mets and charge 1/5 of what an academic center charges, but they do 8/1....than it's still cheaper to do 8/1.
who cares what the patient pays- thats not the point. Its macroscopically what society pays. When drug companies like Martin Shekelis inflate costs 25,000% for an old medicine, they always cut the patient a break, because they are making the windfall of the insurance, but obviously this is horrible for the system.
And your above example is not correct if you are implying that 30/10 is 10x times 8x1. In our hospital it is about double to triple. (kind of makes me doubt you are a greying radonc.)
So you are saying your don't charge per fraction? This isn't considering the fixed costs of sim, management, etc. Point is that longer course RT is more expensive than shorter course.
So, nkami...you're assertion is that academic centers are driving up the costs of health care due to crazy billing relative to private practice settings. If that were the case than the article from health affairs would show academic systems occupying the majority of the top 10 systems....which isn't true. It's only 2 of 10.
But, how many patients have straight medicare (which pays 80% and doesnt cover prescriptions)? Almost all have either a supplement or managed medicare/medicare advantage. The government is paying the medicare component (which are known and standard), but then the supplement/managed medicare payments kick in and that is the big black hole and the source of price issues.
Lets give an example: say medicare reimburses 2,000 for imrt plan, we know the government will pay stanford that, but if stanford charges 10,000, the supplement/managed medicare will kick in to pay the differential (are they paying 4000, 5,000 9,000?) and that is hidden behind NDAs and supposedly the source of spiraling health costs.
Dominant health systems have a lot of leverage in these situations. For example, can an insurance plan oriented towards middle class/upper middle class refuse to deal with Partners in Boston, UPMC in Pittsburgh, Stanford/UCSF in SF, UPENN in phil etc
Medicare Advantage pays almost the same exact amount as Medicare FFS pays for physician services. Their rates are tied to Medicare FFS rates and not commercial payer rates. Stanford can't charge the supplement 10k extra. Happy to share some references or wikipedia how Medicare Advantage works.
But you're right re: negotiating power = higher reimbursement to academic centers for patients under 65 with pure commercial insurance.
Too much mis-information on this thread!
The data is actually much worse than what I posted. I'm with a very large private practice, and our payers we negotiate with tell us academic centers cost 5x what we do with equivalent outcomes. This is internal data, I saw it, but I cannot share it. I certainly don't expect you to believe me, but that's what it is.
However, pay rates from insurers generally start with Medicare rates as a base/starting point, and as you know Medicare rates for hospital-based services are substantially higher than those for free-standing clinics for the same XRT services. You don't need "proof" for this, as it's published in the CMMS rates. As a result, yes rates are negotiated, but it's from a starting point which already is on uneven ground.
Academic centers are paid by the government to provide training for residents; it's not my understanding that payers are responsible for any additional expenses due to residents being in the clinic.
I certainly do agree that payers may want to include academic centers in their approved clinics, as it would help potentially attract patients.
Finally, I do not care in the least that academic radoncs don't negotiate those contracts. The "financial toxicity" of their patients should be their concern whether or not they were involved in contract negotiation, and we both know academic radoncs continually browbeat their community colleagues for what they see as overly-expensive care. It's hypocritical to do so while providing care which costs far more than it needs to.
According to wikipedia
In Internet slang, a troll (/troʊl, trɒl/) is a person who starts quarrels or upsets people on the Internet to distract and sow discord by posting inflammatory and digressive, extraneous, or off-topic messages in an online community (such as a newsgroup, forum, chat room, or blog) with the intent of provoking readers ...
Posting that most people are finding a job doesn't seem to qualify as a troll. Posting doom and gloom about a great profession, on boards frequented by the youth of the profession that don't have the perspective of time and experience, is trolling.
Ditto. They preferentially contract with us because we are the value based provider and they don't want to contract with the hospital system that costs them more and also happens to compete with them in the insurance market....also why many regional monopolies dont take much medicare advantage (and incidentally, why I get half my patients)
.
Also, I wonder, will they admit that as much as "academic leaders" are to "blame" for hypofractionation, so are the private practice docs who ignore data for hypofractionation, practice absurbidities like scalp-sparing IMRT, and, generally speaking, abused IMRT to make a nice living, eventually leading to rad onc getting put on the radar as a high-billing specialty? Will they admit that?
It does if it goes against what has been published in the literature recently. Which it does.
Maybe you could help me find the "99.9%" figure in that paper...
You mean like what academic leaders are doing with protons? Hate to use anything that sounds even remotely "trumpian" but there really is blame to go around on both sides.
Ah yes, of course, I'm sure you have the data. Your people are looking into it, and they can't believe what they're finding, right?
It is 100% true that the narrative on this forum is being driven by a few posters shouting loudly and often non-sensically, with no evidence. It's very telling that these are generally posters who have been attendings for years in private practice. I wonder, could they have anything to gain by thinning the market of new grads? Could they have anything to gain by making sure that a generation of upcoming rad oncs are considered "subpar" because the caliber of med students dropped?
I wonder.
Also, I wonder, will they admit that as much as "academic leaders" are to "blame" for hypofractionation, so are the private practice docs who ignore data for hypofractionation, practice absurbidities like scalp-sparing IMRT, and, generally speaking, abused IMRT to make a nice living, eventually leading to rad onc getting put on the radar as a high-billing specialty? Will they admit that?
It was only 96%, using a flawed methodology that assumed a person wasn't employed if they didn't reply to the survey or couldn't be found by internet stalking. Note however, that of the respondents there was an average of 2 offers. You only need 1 offer to be employed.
One thing that's important to remember about the field of Rad Onc is that it's small and the world doesn't need a million of us. When I went in to the field I assumed I wouldn't necessarily find the job I wanted in the city I wanted as a first job. About 50% of rad oncs change jobs...they find a good option closer to where they want or a better group for them which wasn't available when they were finishing up. I really wanted to be in my home town when I finished residency but they had hired 2 residents in the 2 years that preceded my graduation. Hence, in a mid sized group, there was no job for me. Over the past decade they have approached me 2 or 3 times about a job opportunity but I've been happy so didn't pursue it. That's reality for Rad Onc and for all small subspecialized groups. If you want 100% employment in the idea city consider primary care....but I bet they don't offer employment rates at 100% (or even 96%). They also don't make as much money or have as good of a lifestyle, workwise, as we do. It's a tradeoff and most residents know that.
Seventy-one percent felt the job market was worse than what they anticipated when entering residency. Thirty-three percent found no job openings in their geographic area of preference.
Protons were marketed heavily during the last several years for prostate ca in my neck of the woods by the local academic center. Patients would come in, requesting it.Academic leaders aren't pimping protons.
You mean like what academic leaders are doing with protons? Hate to use anything that sounds even remotely "trumpian" but there really is blame to go around on both sides.
Right there is a cabal of shouting conspirators out there that are trying to take the luster off the field! It’s just not sensical to think there would be a problem when residency spots have increased from 140 to 200, not sensical at all! It doesn’t take a genius to think this might have some effect despite your rose colored glasses. This has directly lead to a drop in number and quality of applicants and that will continue
Sure, I'll give that to you... Personally I do my part/don't contribute to that problem though by following ebm and guidelines. And I've been a long-standing proponent of bundles to counteract that problem (you know the concept astro opposed for years, thereby protecting higher hospital-based per fx reimbursement)Is that all you can come up with in response?
Spoiler alert -- I agree with you. Academic institutions pimping protons are foolish. However, that is literally a "whatabout" "counter". You can't deny what I said, which is that it was largely private practice that milked the teat of IMRT dry and put rad onc in the sights of Medicare and payor snipers. So to be logically consistent, you can't just blame academics for protons and ignore the problems caused by private practice.
Moreover...are we seriously considering places like Hampton, Loma Linda, and Scripps (all proton centers) as "Academic"? These are obviously private practice entities with a thin veneer of academia at best. MDACC, MGH, yes, you have a point. They shouldn't be farting around with protons for prostate.
Yes I'm sure none of the recent resident job survey numbers published in the red journal corroborating what was on this forum had anything to do with it....This is circular reasoning at its finest. Yes, a shouting cabal on SDN, a widely read forum, created a widespread perception that there is a vast oversupply/demand problem. Literally every large thread devolved into the same echo chamber, with multiple topics dedicated solely to this. Then, eventually, the number of applicants dropped. So since the applicant number dropped, there must have been an oversupply problem after all!
Yes, I do think it's shady that the most outspoken critics of the residency expansion are private practice docs who are years into their private practice careers, already made bank, and were afraid of their own job security and financial compensation if there were more grads coming out. Needless to say it is the same group that largely consists of anti-hypofractionation individuals.
Now, the well is poisoned, and many of the graduating grads will be viewed as substandard the specialty as no longer competitive. Your jobs are highly secure.
Oh, never mind -- the conspiracy theory only works if we're blaming "academics" for wanting more people to write their notes, not if the conspiracy theory is about private practitioners protecting their own turf.
Yeah, well, mission accomplished for you.
private practitioners protecting their own turf.
PPs aren't driving the specialty into the ditches though with the rampant, unfounded 50% increase in residency slots the last decade or this recent debacle regarding board certification/ABR. No whataboutism there
Many smart, well-meaning people opined about ways to prevent alopecia from WBRT for years. Your point seems to be that when it comes to giving a patient alopecia or not--give it to them if it costs money to prevent it. In a different era, doctors who tried to prevent side effects in their patients were lauded versus impugned. The med oncs don't seem to sweat it. With IMRT it costs a few extra thousand dollars to effectively prevent a CTCAEv5 Gr2 toxicity. With protons it costs maybe $100 million to give a Gr2 toxicity. And IMRT is still focused on as the absurdity. To paraphrase Albert Brooks it's like saying the problem with the terrorists is they put too much oil in their hummus. The no-hair theorem in astrophysics is related to the information paradox (ie a black hole doesn't have a "memory" of its infallen matter); why can't we in radiation oncology associate memory and hair, too, for WBRT? (BTW, doing hippocampal sparing dramatically lowers the alopecia toxicity... IMRT was never "scalp-sparing" with a scalp OAR... the tech was simply leveraged to allow multifield WBRT which made the XRT overall more skin sparing; e.g. less skin toxicity with a 4-field pelvis vs AP/PA pelvis.)practice absurbidities like scalp-sparing IMRT
This is circular reasoning at its finest. Yes, a shouting cabal on SDN, a widely read forum, created a widespread perception that there is a vast oversupply/demand problem. Literally every large thread devolved into the same echo chamber, with multiple topics dedicated solely to this. Then, eventually, the number of applicants dropped. So since the applicant number dropped, there must have been an oversupply problem after all!
Yes, I do think it's shady that the most outspoken critics of the residency expansion are private practice docs who are years into their private practice careers, already made bank, and were afraid of their own job security and financial compensation if there were more grads coming out. Needless to say it is the same group that largely consists of anti-hypofractionation individuals.
Now, the well is poisoned, and many of the graduating grads will be viewed as substandard the specialty as no longer competitive. Your jobs are highly secure.
Oh, never mind -- the conspiracy theory only works if we're blaming "academics" for wanting more people to write their notes, not if the conspiracy theory is about private practitioners protecting their own turf.
Yeah, well, mission accomplished for you.