- Joined
- Apr 23, 2018
- Messages
- 1
- Reaction score
- 0
Cornea trained. Private practice. Northeast. Will be doing comprehensive and some cornea probably. What should I be looking at?
200k? 300k?
200k? 300k?
What kind of salary?
- Thread starter OphthoDoc78
- Start date
Too many variables to consider:
- Are you experienced or a newbie?
- Expected volume?
- Ability to buy into ASC and practice in general?
- Saturation of eye docs in the area?
etc, etc
- I think anything from 200-300k is a good base salary for a starting associate.
- Are you experienced or a newbie?
- Expected volume?
- Ability to buy into ASC and practice in general?
- Saturation of eye docs in the area?
etc, etc
- I think anything from 200-300k is a good base salary for a starting associate.
- Joined
- Mar 19, 2005
- Messages
- 83
- Reaction score
- 74
Guys and gals, see my answer on the recent retina salary thread: How much do retina specialists make on average in an academic setting?
It depends on:
1. Your clinical volume- number of patients seen. If you see fifteen patients a day, don't expect to be paid as much as someone who sees 45 patients per day. Although if you run a solo micro-practice like I do, you can make a great living seeing 15 per day.
2. Reimbursement for patients- lots of medicaid or poor paying plans? Is the owner dumping capticated plan patients on you?
3. Collections and billing- are they *****s who send out a bunch of statements hoping patients will pay, or do they collect patient responsibilities upfront?
4. Overhead- do they waste a ton of money on techs that sit around? Is the owner sucking out a lot of profits to line their own pockets? Or is it the most efficient practice ever?
5. How much do you want to push premium lenses, etc? You can make a perfectly good living without doing so BTW.
6. Call- are you taking a ton of trauma hospital call and the owner is keeping the cash from the hospital?
I'm not going to pretend the initial salary isn't important, when you're used to being paid $50000 a year and have a ton of debt, but I urge everyone to look long term and see if partnership is offered, if the job has room for growth, etc. Because if the initial salary is high and you're miserable after three years, back to square one.
Read this about the job search: How to evaluate an ophthalmology job associate position
And this about why a $300,000 salary may not be what it seems: Why a $300,000 junior associate salary may not be as good as it seems
It depends on:
1. Your clinical volume- number of patients seen. If you see fifteen patients a day, don't expect to be paid as much as someone who sees 45 patients per day. Although if you run a solo micro-practice like I do, you can make a great living seeing 15 per day.
2. Reimbursement for patients- lots of medicaid or poor paying plans? Is the owner dumping capticated plan patients on you?
3. Collections and billing- are they *****s who send out a bunch of statements hoping patients will pay, or do they collect patient responsibilities upfront?
4. Overhead- do they waste a ton of money on techs that sit around? Is the owner sucking out a lot of profits to line their own pockets? Or is it the most efficient practice ever?
5. How much do you want to push premium lenses, etc? You can make a perfectly good living without doing so BTW.
6. Call- are you taking a ton of trauma hospital call and the owner is keeping the cash from the hospital?
I'm not going to pretend the initial salary isn't important, when you're used to being paid $50000 a year and have a ton of debt, but I urge everyone to look long term and see if partnership is offered, if the job has room for growth, etc. Because if the initial salary is high and you're miserable after three years, back to square one.
Read this about the job search: How to evaluate an ophthalmology job associate position
And this about why a $300,000 salary may not be what it seems: Why a $300,000 junior associate salary may not be as good as it seems
