The Great Z Know's What's Up

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.

Consigliere

Membership Revoked
Removed
15+ Year Member
Joined
May 28, 2008
Messages
2,524
Reaction score
3,135
One Distinction Anesthesiologists Would Rather Not Have.
I came across this article from Becker's Hospital Review. Titled "Compensation growth among physician specialties," I thought this looked promising. I could use a little good cheer after reluctantly predicting the end of anesthesiology as we know it.

The article concerns a physician survey conducted by SullivanCotter and Associates. They are a consulting firm specializing in physician compensation. There is no information on the number of physicians who participated in the survey or any other demographic data so take it for what it's worth.


The information initially looked promising. In general, nearly every specialty saw its reimbursements rise from 2013 to 2014. Great. I'll just look down this chart to see how well anesthesiologists fared. Okay. Urology. Up 7%. Good. Next. Gastroenterology. Up 6%. This shows promise. According to the Medscape Physician Compensation Survey, anesthesiologists usually rank right up there with GI in earnings so we couldn't be that bad. So I keep looking down the long comprehensive chart. And keep looking. And looking.

Pediatrics, up 5%. Hospitalist, up 4%. Family Medicine, up 3%. Where is this going? Did they forget to survey anesthesiologists? Just when I was starting to think that anesthesiologists were not included in their compensation poll, I arrive at the rock bottom of the chart. And guess who resides down there. Anesthesiologists, DOWN 2%.

WTH. Granted the median compensation is still pretty good at $368,510. But we were the only medical field to show a decrease in earnings year over year. Our services aren't even valued enough to maintain our previous year's income, which would actually be a decrease when inflation is taken into account.

Is this another sign that the anespocolypse is upon us? One year's worth of data doesn't make a trend. We'll have to wait another year or two to discover if it's time to start moonlighting in a profession where there is real pricing power and you don't have to take sh** from anyone--nursing.
 
We need to make residencies grant us PhD degrees so we can add more letters after our names and increase our perceived value. Fight fire with fire.
 
Cause anesthesia residency spots are increasing at a ridiculous rate that is totally unsustainable. There are going to be sooo many unemployed anesthesiologists when i graduate in 6 years... meanwhile from the article orthopedics/derm has barely changed
 
Cause anesthesia residency spots are increasing at a ridiculous rate that is totally unsustainable. There are going to be sooo many unemployed anesthesiologists when i graduate in 6 years... meanwhile from the article orthopedics/derm has barely changed
What is the determining factor for an unsustainable growth rate?
Total anesthesiology residency spots (PGY1 + PGY2) per NRMP data:
2007: 1338
2008: 1364
2009: 1374
2010: 1385
2011: 1404
2012: 1476
2013: 1591
2014: 1564
Total growth: 16%

Total derm spots:
2007: 320
2008: 327
2009: 338
2010: 360
2011: 374
2012: 363
2013: 392
2014: 400
Total growth: 25%

About 2% average growth per year is a "ridiculous rate?" A 1.6% loss from last year is "totally unsustainable" growth? I disagree.
According to the NRMP, the number of PGY-1 spots in Anesthesiology has increased from 797 in 2010 to 1,049 last year.
Please note the huge flaw in this number - it does not include the transition of advanced to categorical spots that many programs have pushed through.
 
What is the determining factor for an unsustainable growth rate?
Total anesthesiology residency spots (PGY1 + PGY2) per NRMP data:
2007: 1338
2008: 1364
2009: 1374
2010: 1385
2011: 1404
2012: 1476
2013: 1591
2014: 1564
Total growth: 16%

Total derm spots:
2007: 320
2008: 327
2009: 338
2010: 360
2011: 374
2012: 363
2013: 392
2014: 400
Total growth: 25%

About 2% average growth per year is a "ridiculous rate?" A 1.6% loss from last year is "totally unsustainable" growth? I disagree.

Please note the huge flaw in this number - it does not include the transition of advanced to categorical spots that many programs have pushed through.

It also doesn't include the impact of the all-in policy that was implemented recently
 
What is the determining factor for an unsustainable growth rate?
Total anesthesiology residency spots (PGY1 + PGY2) per NRMP data:
2007: 1338
2008: 1364
2009: 1374
2010: 1385
2011: 1404
2012: 1476
2013: 1591
2014: 1564
Total growth: 16%

Total derm spots:
2007: 320
2008: 327
2009: 338
2010: 360
2011: 374
2012: 363
2013: 392
2014: 400
Total growth: 25%

About 2% average growth per year is a "ridiculous rate?" A 1.6% loss from last year is "totally unsustainable" growth? I disagree.

Please note the huge flaw in this number - it does not include the transition of advanced to categorical spots that many programs have pushed through.

what i meant is the jobs wont sustain the graduates. The article i believe also only looked at past 5 years.. the reason anesthesia is 16% from 2007 t o 2014 is because from 07 to 11 it only increased like 70 spots. then suddenly, you see the HUGE jump. 70 in one year, then 120 in one year..
Plus there is a surplus of anesthesiologists according to the latest study so i dont see why it was increasd so much

Also dont forget the Physician only spots for anesthesiologists... thats another 98 spots
 
2014 1662 positions
2013- 1653 positions
2012- 1476
2011-1404
2010-1355

______
2009 1394
2008 1364
2007 1338
2006 1311
2005 1283

2005-2009 data may not include another group of Residents who switched into anesthesiology. However, that number has usually been around 50-80 per year.
 
Top