Possible? Yes. Possible in Midwest? Definitely yes, because my partner does it already.
If you subtract the infusion income off, my partner makes something like $400-425k just billing the visits; however, he sees 30-32 patients per day 4 days a week, which for rheumatology I think is a bit much if you want to give every patient the attention they deserve. If you have a scribe (he does), then imho 22-25/day is comfortable/pushing your limits a bit. If you don’t have a scribe, 18-20 pts per day starts to feel like a lot.
Keep in mind that all of this depends on a lot of things…if you’re employed, what is your $/wRVU and what’s the RVU threshold for bonusing etc…if you’re PP, then it’s all about your overhead, which ancillaries you pull (if you work in a private practice that has PT as an ancillary, that can be another major revenue source), whether you can get substantial infusion income, etc. In my case, for instance, my goal is to try to infuse a fair amount and use that income to help decrease my overall pt volume somewhat. My big priority is lifestyle - I’d like to average no more than 20 pts per day and work 4-4.5 days a week, but I also want to hustle and make money (like all of us, I got loans and bills to pay). My goal is at least $400k, and hopefully 500k. We’ll see how many pts/day it takes to get there, and adjust expectations accordingly.
As far as other specialties - my choice of rheumatology was, again, largely driven by lifestyle. I’d be miserable rounding in the hospital and being on call as GI, cards, whatever. I’m 100% outpatient and zero call and that is worth a ton to me. You frankly couldn’t pay me enough to do call or round. If I can make $350-500k working 4.5 days a week with zero call and zero inpatient, that sounds pretty freaking good to me.