I get angry at the fact that people actually work for this company.Denver Hospital Offering Emergency Physicians $21 Per Hour
Emergency physician hospital employment in Denver is competitive. Lutheran Medical Center pushes the envelope by offering doctors $21/hour!sullivanlegal.us
Wow such a competitive wage
Probably new grads. A few years back when I was talking to USACS RE: CO jobs I put the recruiter on the spot and made the comment "Man...I can't believe you guys are finding docs to work at these rates. You must have a lot of new grads fresh out who don't know what they are worth yet." He chuckled and said "Yeah...yeah..well, we do have a lot of new docs out of residency....thanks for your time doc."
Medicare is actually paying more like $160-170 for a 99285.
When you aren’t the business owner this is true.
I think USACS has most of the Denver market, outside of what is staffed by the university group and only 1 SDG at 1 site I believe is left.
I believe it's $138. The physician fee for a 99285 in 2022 is exactly 4.0 RVUs. The final RVU conversion factor is $34.6062 / RVU. --> 138.42 for a lvl 5 chart. I had the conversion factor wrong in my original post, so it's actually USACS collecting at least $276.84 while paying you $141 assuming 2 lvl 5 charts/hr.
The 4.0 rvus is wrvus. I’m talking total.
There is no academic job I know if that pays over 200 dollars an hour. Granted it is salary based, and I calculated it out roughly before I took my current academic job, and it wasn't even in the 200 dollar ballpark. And I'm considered to be at an academic shop that "pays well" relatively speaking.
Was this St Johns pre teamhealth?
St John’s was not an SDG, was just a local CMG, with w-2 jobs. I trained there, and in my senior year the owner of the group sold it to TH for about $40 mil, all without telling the docs of course.
Ole Brooks?
Forgot the names but it was 2 docs that owned it.
I have learned this over time. People don't consider benefits, Some people don't understand their W-2 income vs 1099 income etc. It speaks to why and how we get abused and USACS can push thru their lies and the gullible just sit by like slack jawed yokels.
Again, very few people in academics are straight clinical. Just like you take into consideration benefits, matching etc, you have to take into account the degree of uncompensated time, which is a lot (research, administrative work, quality processes, resident/med student teaching, resident conference, faculty meeting, sepsis committee meeting, plus the side work I do in EMS, much of this is REQUIRED by your department). Unlike working in the community where hourly pay makes sense, it really does not translate well into being a salaried W2 employee of a university physician group. 1440 hours per year can be 100% clinical which it often is for most new faculty... Granted that clinical time can be bought down with outside sources of funding, but it can still be challenging to do.
Not all benefits are worth the same to everyone. Kudos for breaking it down to sort out what makes sense for you. So few people do this.
Yeah it's surprising the lack of time some people spend on what is potentially one of the most important financial decisions they will make in life (second only to who one marries, and perhaps what house they purchase). I even broke down how long the commutes for the two jobs would be and factored in the time value of the drive.
I would argue a high paying job is more important than a house. Lets say you buy a house and you overpay 150K for that house. Most of us on here would be like how could someone do something so dumb.. Yet we see people make idiotic decisions in their jobs and give up 50k+ per year over a 25 year or more career. Ill say similarly many SDGs are poorly run and leave an insane amount of money on the table.
Will many EM docs pack their bag if the going rate is $150-175/hr... That seems decent when you look at it from a non surgical specialty.
Some will, but most won't. Talk is cheap. A lot of doctors are in debt up to their eyeballs and can't afford to be out of work for even a week. So yes, they'll moan and gripe. And then, back to work.
