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What's the typical wRVU earned for a podiatrist yearly? I've seen all over from 5500-7200. I'm asking for both surgical and non-surgical podiatrist.
What's the typical wRVU earned for a podiatrist yearly? I've seen all over from 5500-7200. I'm asking for both surgical and non-surgical podiatrist.
True. A lot of folks don't realize that high volume practices seeing 30 to 40+ patients a day are all saddled by mostly medicaid patients coming in for wounds, nails, itchy feet from poor hygiene etc. This could be profitable ONLY if you are RVU based but then it gets tiring and overwhelming and leads to burn out.One of the biggest errors most new grads make is thinking they'll see 25, 30, 40+ per day consistently and right away.
Too many factors. Depends on size of hospital and resources. Depends on size of community.What's the typical wRVU earned for a podiatrist yearly? I've seen all over from 5500-7200. I'm asking for both surgical and non-surgical podiatrist.
This situation is a 1% podiatry experience for what it’s worth. It’s what schools hope everyone will do but only a very few motivated and smart individuals like retrograde actually end up in. That being said, most grads cant do what retrograde does.Too many factors. Depends on size of hospital and resources. Depends on size of community.
I've had two hospital gigs.
First one was an independent hospital in a town of 60,000. Not bad volume but terrible hospital support and resources. I still did close to 10,000 RVUs my last year there but I was absolutely killing myself
Second gig I am at a 600 bed tertiary referral center in a town of 200,000. Lots of wound care certified nurses to do my ex-fix dressings on the floor. I have two nurses in clinic. I have an APRN who does our inpatient rounding. This frees me up to do as many surgeries as I can. I am currently on pace for 12-13K RVUs this year and I am not nearly stressing out as much as I was when I was at a small community hospital.
Other factor is skill set. Potential productivity depends on skill set. I do everything from toenails to TARs. My practice is more wound care and limb salvage and trauma. I also do elective cases but majority is high risk limb salvage and wounds with trauma that nobody wants to do. Big RVU cases. If you aren't comfortable doing Charcot, ex-fix, muscle flaps, STSG, wounds then you are going to lose a lot of productivity.
RVU system is built for limb salvage. You can really take advantage of these cases and really rack up RVUs if you are willing to do it. Trying to make a killing in RVUs only doing elective cases is going to be a struggle because these elective cases you are fighting for with other podiatrists and even foot and ankle ortho if they are present in our community. But nobody wants to do wounds and diabetic offloading surgeries and charcot, etc
What would be a good dollar amount per wRVU? Assuming the base is 250k for first couple yearsIt's very dependent on what the $ to wRVU rate is and what base you start with BUT 350K should be very reasonable. Assuming full-time and 15-20ish patients a day, with or without surgery, you should exceed 350K.
It's very dependent on what the $ to wRVU rate is and what base you start with BUT 350K should be very reasonable. Assuming full-time and 15-20ish patients a day, with or without surgery, you should exceed 350K.
The majority of hospital-employed (DPMs, not MD/DOs) are VA and IHS... so they don't have a bonus. $350k is basically impossible for them. 🙂For the hospital pods out there, how feasible is it to earn ~350k salary in a wRVU based model? ...
At the risk of sounding like an a**hole, the offer is in hand. But in high cost of living area, hence the specific question about 350k potential, which is what I would anticipate needing for family to be comfortable.The majority of hospital-employed (DPMs, not MD/DOs) are VA and IHS... so they don't have a bonus. $350k is basically impossible for them. 🙂
Hospital jobs (non govt) are under 10%, prob under 5%, of DPMs overall.
It's a noble goal, but the majority of those jobs are flooded with apps and go to someone with a connection.
Last facility I was at, the rate was 38 but then it got negotiated to 45. I think there are pods getting 60s and even 80s but I'm not sure how true that is.
Never taking call, or doing inpatient work, having average surgical volume. Sounds like they’re right at place in PP podiatry.I have ortho colleagues at $50. Speaking of production, I recently heard of a few hospitals get rid of their podiatry departments and all of a sudden these pods are scrambling to find jobs as associates in our community. Somehow they never did take call or do inpatient work, and had average surgical volume. I don’t know the details of why the hospitals decided to let them go but it’s scary that they would do that apparently out of nowhere
I have ortho colleagues at $50. Speaking of production, I recently heard of a few hospitals get rid of their podiatry departments and all of a sudden these pods are scrambling to find jobs as associates in our community. Somehow they never did take call or do inpatient work, and had average surgical volume. I don’t know the details of why the hospitals decided to let them go but it’s scary that they would do that apparently out of nowhere
Never taking call, or doing inpatient work, having average surgical volume. Sounds like they’re right at place in PP podiatry.
If a hospital employs a podiatrist who can’t see inpatients why are they even there? No outside independent practices should be doing call at a hospital for free when they aren’t employed. The only reason hospital employed podiatrists should exist are to deal with inpatients as needed.
To them I say good riddance. I’d rather have a doctor as my boss than an associate/bachelors grad bean counter who doesn’t know about medicine cutting losses.
I have ortho colleagues at $50.
Latest MGMA data on this would be super helpful. I've heard median total comp. was around $280k but not sure about the $ per wRVU breakdownWhat is MGMA data saying now about it? A few years back $53 was average for surgical pods but I don’t have access to that info now, but it might be good to get my our hands on it and use that in your negotiations. Remember, that’s the average, so I would start higher than that and bring up your cost of living etc.
Ask and you shall receive.Bring back baby billy avatar please. Thank you
Ask and you shall receive.
Praise be to he!
350K should be a certainty if you are the only DPM on staff. If not then it should be a certainty after 2 years. There are factors that influence this such starting base pay, dollar per RVU, size of hospital, etc.For the hospital pods out there, how feasible is it to earn ~350k salary in a wRVU based model? Does this require 'burnout' level of hours/work? Specifically in a limb salvage/inpatient wound care focused practice. Assuming good midlevel/admin support and other foot & ankle surgeons to help with call etc.
So you're telling me you're not a "Foot and Ankle Surgeon" ... just a measly "podiatrist"? 😛If you pick and choose pathology it will not happen. I came from a well known residency program. We never did complex limb salvage or wound care. It was frowned upon. We were "surgeons". Whatever.
I am a podiatrist. I say it proud. I know my role and have accepted it. I'll fix anything that is referred or dumped on me. All I do now is hunt RVUs.So you're telling me you're not a "Foot and Ankle Surgeon" ... just a measly "podiatrist"? 😛
Great post. I think there should be more residency emphasis and respect on complex limb salvage rather than frowning on it. It’s where the money is and our calling as a profession to fill an unmet need. And it’s truly the best way to gain respect with MDs and DOs, for those who even care about that stuff.350K should be a certainty if you are the only DPM on staff. If not then it should be a certainty after 2 years. There are factors that influence this such starting base pay, dollar per RVU, size of hospital, etc.
First year out of residency at my first hospital job I did not bonus at all just had my base salary which was $240K at the time (7 years ago). Second year I had maybe 60-70K in bonuses. Third and fourth year I was getting 100-150K in bonus and also had my base salary bumped from 240K to 275K during that time. I was only making $45 per RVU at this hospital job which was normal for the region.
Then I got a job in a more favorable area for podiatry at a hospital 5x bigger than the community hospital I had worked at before. I have two other surgical podiatry partners at this new job. Still cranking 1000 RVUs out per month since I do mostly complicate limb salvage cases and trauma nobody wants to do along with some bread and butter podiatry cases. I also do a ton of outpatient wound care.
At this job my base is 325K and $53 per RVU.
It certainly can happen.
DPMs who take jobs at the Kaisers, VAs, or even some really dumpy independent community hospitals may not get there but I will say this. The more pathology you are willing to treat or have the skill set to treat will grossly increase your production potential. If you pick and choose pathology it will not happen. I came from a well known residency program. We never did complex limb salvage or wound care. It was frowned upon. We were "surgeons". Whatever. I jumped right into that stuff my first year out because that is the most common thing you will see and do and be given by ortho, medicine, general surgery, etc. You can't turn that stuff down. In an RVU system it is an absolute money maker. You would be a fool to turn it down but that would be podiatry for you.
The number of hospital employed podiatrists has increased over the last few decades, but I would not go so far as to say there is an unmet demand. Trust me unlike many specialties that have unfilled positions all over the country podiatry will be able to meet organizational demand for the foreseeable future.Great post. I think there should be more residency emphasis and respect on complex limb salvage rather than frowning on it. It’s where the money is and our calling as a profession to fill an unmet need. And it’s truly the best way to gain respect with MDs and DOs, for those who even care about that stuff.
It’s much more rewarding to save a limb (and by extension possibly a life) than it is to make someone’s arthritis feel better.
I am a podiatrist. I say it proud. I know my role and have accepted it. I'll fix anything that is referred or dumped on me. All I do now is hunt RVUs.
It depends. There are pros and cons. It is good to learn it all....I think there should be more residency emphasis and respect on complex limb salvage rather than frowning on it. It’s where the money is and our calling as a profession... ...It’s much more rewarding to save a limb (and by extension possibly a life) than it is to make someone’s arthritis feel better.
The difference is that I have never done an emergent scope and stab or bunion at 2am.They are both helping people... and what they do most or value primarily will logically follow the reimbursements
Started off at 275K. Out produced my contract. Got bumped to 325K. Did 670K gross end of second year. Third year salary is 90% of that so I am at 610K base salary. Have to maintain 80% of target RVU goal (little over 900) for that 610K salary to maintain that pay. If I go over I still bonus. I am still bonusing.Are any hospital employees willing to either state here or DM me what their compensation/benefit package is like? About to negotiate my first contract and I don’t even know where to start![]()
Pre-pods, pod students, residents.. this is what you call an outlier.Started off at 275K. Out produced my contract. Got bumped to 325K. Did 670K gross end of second year. Third year salary is 90% of that so I am at 610K base salary. Have to maintain 80% of target RVU goal (little over 900) for that 610K salary to maintain that pay. If I go over I still bonus. I am still bonusing.
6 weeks PTO
Holidays off
Hospital covers 80% of my benefits (medical insurance/dental insurance)
Reimbursement for gas for outreach
403B with 5% match
Retention bonus 15K per year
Started off at 275K. Out produced my contract. Got bumped to 325K. Did 670K gross end of second year. Third year salary is 90% of that so I am at 610K base salary. Have to maintain 80% of target RVU goal (little over 900) for that 610K salary to maintain that pay. If I go over I still bonus. I am still bonusing.
6 weeks PTO
Holidays off
Hospital covers 80% of my benefits (medical insurance/dental insurance)
Reimbursement for gas for outreach
403B with 5% match
Retention bonus 15K per year
300k base, 30k signing bonus with 18 month retention to not have to pay it back. Base increases 20k per year for the first 5 years then a renegotiation after 5 years to see where it'll sit. As retro said above it'll be some % level of previous year but I'll always have a base. $52/rvu, can bonus if I go over base.Are any hospital employees willing to either state here or DM me what their compensation/benefit package is like? About to negotiate my first contract and I don’t even know where to start![]()
Dude lives in 2300. Hyperinflation has set in. BTC is $15,000,000 a coin. Diabetes is prevalent in 50% of Americans as ozempic was shown to cause diabetes after chronic use.What part of the country are you in? Metro or rural?
Pretty good day for the markets that’s for sureI live in present time
My salary and benefits are real
I told you all about crypto and it’s playing out how I told you. Everyone missed the boat or didn’t get the message….because podiatry
I will see you all on the moon when BTC pumps to Valhalla after Trump gets into office in a few days.
Too bad I had no money to invest during that time while I was slowly wasting away in pod school and residency (barely made enough to support family). Totally missed the boat on that one.I live in present time
My salary and benefits are real
I told you all about crypto and it’s playing out how I told you. Everyone missed the boat or didn’t get the message….because podiatry
I will see you all on the moon when BTC pumps to Valhalla after Trump gets into office in a few days.
Are any hospital employees willing to either state here or DM me what their compensation/benefit package is like? About to negotiate my first contract and I don’t even know where to start![]()
Just don't throw it away by accident. 🙂...
I told you all about crypto and it’s playing out how I told you. Everyone missed the boat or didn’t get the message….because podiatry
I will see you all on the moon when BTC pumps to Valhalla after Trump gets into office in a few days.
It basically comes down to if your supervisor(s) like chiefs/admins/HR - and your dept colleagues - are cool or not.I feel like hospital podiatry would burn you out quickly but the above examples have plenty of PTO
Nobody uses all that PTO because just like PP if not seeing patients not making money. There is a healthy in-between most fail to findI feel like hospital podiatry would burn you out quickly but the above examples have plenty of PTO