Nociceptor, you don't have to respond to MilitaryMD....I already shut him up with this post (it collectively refuted all his points he had in this thread):
"I've been trying hard not to reply to this thread because Military is pretty hopeless to talk to. He keeps coming up with another argument once the previous one has been refuted. Unfortunately his arguments keep getting dumber and dumber.
Your rants about people willing to work for less makes no sense. The market ultimately regulates itself. Now if you have a monopoly on services in a particular area and you keep undercutting other groups in order to obtain that clout (something which we already argued against earlier in the thread for the benefit of the specialty and future compensation) and a great deal of residents wants to stay in that area then yes, you will get them to accept less money. All this does is drive down the salary for everyone in that area and if this is habitual all across the country then salaries will fall for all while the savings go to the hospital. Poor economics on the behalf of the specialty but it will be people like you at fault. If people want to accept less money, great for you, you get to keep some extra profit, or you could share that with your new hires, or maybe even attract stronger anesthesiologists by your "higher" salary. Don't put that money back into the healthcare system though because you'll have a hard time seeing it again (but maybe you'll have a nice new cafeteria).
Your other point is even dumber. If you take a microeconomics course you'll easily realize how wrong you are, but it may be a bit difficult to conceptualize. You're saying by taking money out of the anesthesia pot it will trickle down into lower insurance premiums and save you $. Are you frickin kidding me? So take a million dollars out of the cost of anesthesia services at your group, it will trickle down to a 10 cents less per month in your premium. Tell me how YOU, the ANESTHESIOLOGIST are better off? You pay 10 cents less per month, but you lose $50,000 in salary. I don't know about everyone else, but I am there to keep my patients safe and comfortable while keeping my reimbursement at its maximum level. If you don't understand this then it just reinforces the common notion that doctors have some of the worst business sense."