What’s the most you know of a doc making?

[worthless]

Just curious….what’s the most if you know of a doc making from clinical work?

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[abolt18]

A lot

 

[thesauce]

A little

 

[deleted1133766]

The most I have heard was a spine specialist in NYC who said he was making near $5 million but I think the news story was about him dating some socialite or that he was married and was getting divorced so I don't know if I would use that example as as a measuring stick.

I don't know how he was getting to $5 million but he was obviously in medicine for the money being that he was associating with the elites who probably made way more than that.

I wouldn't be surprised if reasonably business savvy specialists are easily making close to a million today.

Keep in mind that a financially smart GP will make more money than a cardiologist who knows nothing about money or business.

 

[LADoc00]

25m. You cant get this to under any normal circumstances and I dont think you can get there even with very high end Plastics in Beverly Hills.

But for a few years the clinical lab docs rolling deep in covid testing became gods.

 

[Saddleshoes]

Procedures = $$$$

 

[Mad Jack]

Procedures = $$$$

Incorrect. Employees = $$$$

 

[2024 or 5 ?]

2 million

 

[emergentmd]

Just from work? Close to $1M as an ER doc.

Docs owning medical practices and doing zero clinical work? 5M+

 

[Slack3r]

Employees will have a ceiling in the high 6 figures to low 7 figures depending on subspecialty. There’s really just not enough time in the day to go much higher.

If you own a practice, however, it can be essentially limitless. Practice in my town just sold to PE for 8 figures.

 

[wamcp]

Michael jackson’s anesthesiologist made 150K a month at the time, what’s that when inflation adjusted?

 

[worthless]

Thanks for the input. 2M from purely clinical work is the most I’ve heard of.

 

[Splenda88]

I know of one interventional cardiologist who made 1.4 mil in 2021

The hospital has 2 IC. The other one make just a little over 1 mil. It's a 250 bed hospital.

 

[turnupthegas]

Spine surgeon 10M. Lots of work with lawyers for personal injury cases. Payment lags greatly, but typically pays very well. Also, ownership of ASC’s. Guy Is business savvy, but I don’t know how clean it is. Spine is the wild west.

CT Surgeon 2.2M - Busy and generates lots of money for the hospital. Procedures pay booty, but ancillary testing and ICU pays nicely.

Anesthesiologist - 1.1M - works like a dog.

Anesthesiologist - PE buyout 3-4M

 

[worthless]

Spine surgeon 10M. Lots of work with lawyers for personal injury cases. Payment lags greatly, but typically pays very well. Also, ownership of ASC’s. Guy Is business savvy, but I don’t know how clean it is. Spine is the wild west.

CT Surgeon 2.2M - Busy and generates lots of money for the hospital. Procedures pay booty, but ancillary testing and ICU pays nicely.

Anesthesiologist - 1.1M - works like a dog.

Anesthesiologist - PE buyout 3-4M

Thank you. I was asking about clinical work.

 

[nimbus]

Top of the list are football coaches followed by academic doctors.

All salaries for 2021 | Transparent California

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Vaughn Starnes at USC/CHLA $3mil

Top 10 Highest-Paid Medical Professionals at Nonprofits 2021 | ERI Economic Research Institute

Results from an ERI white paper showed the highest-paid positions in the health care industry were both legal and medical professionals.

www.erieri.com

Who says you need to move to North Dakota/BFE to make decent money?

 

[abolt18]

Post #13 in this thread Anyone actually live paycheck to paycheck here (as an attending)?

Neurosurgeon making $5.6M in Alaska from clinical work.

 

[mido114]

Neurosurgeon 2.1M, Neurocrit a little over 1M

 

[turnupthegas]

It seems I should of been a surgeon lol.

 

[Iamnew2]

Top of the list are football coaches followed by academic doctors.

All salaries for 2021 | Transparent California

Search California public, government employee, workers salaries, pensions and compensation

transparentcalifornia.com

Vaughn Starnes at USC/CHLA $3mil

View attachment 362804View attachment 362805

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Top 10 Highest-Paid Medical Professionals at Nonprofits 2021 | ERI Economic Research Institute

Results from an ERI white paper showed the highest-paid positions in the health care industry were both legal and medical professionals.

www.erieri.com

Who says you need to move to North Dakota/BFE to make decent money?

Im confused, how do some of those orthopedic/urology/cardiac chairs make millions? from what?

 

[nimbus]

Im confused, how do some of those orthopedic/urology/cardiac chairs make millions? from what?

High volume of well compensated procedures. We have a cardiologist in town who does up to 18 Watchmans in 2cath labs in one day. On TAVR days, he can do 7 TAVRs between 7a-2pm.

But I bet Dr. Mccullough does better

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[abolt18]

High volume of well compensated procedures. We have a cardiologist in town who does up to 18 Watchmans in 2cath labs in one day. On TAVR days, he can do 7 TAVRs between 7a-2pm.

But I bet Dr. Mccullough does better

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I'm suddenly curious how much he's getting reimbursed for each watchman. Looked it up and it said something like a total of 22 RVUs, but i don't know what that's worth in the world outside of anesthesiology. Same question for TAVRs.


Not physicians, but I was talking to a dental student today who's pursuing endodontics, told me a local endodontist he works with is making $2M yearly with 4 days of work.

One of the OMFS residents that graduated from our place took a PP job where he was starting out at $800K and would make ~$1.3M for 3-4 days/week of work.

And to think that people think that physicians make too much money.

 

[nimbus]

I'm suddenly curious how much he's getting reimbursed for each watchman. Looked it up and it said something like a total of 22 RVUs, but i don't know what that's worth in the world outside of anesthesiology. Same question for TAVRs.


Not physicians, but I was talking to a dental student today who's pursuing endodontics, told me a local endodontist he works with is making $2M yearly with 4 days of work.

One of the OMFS residents that graduated from our place took a PP job where he was starting out at $800K and would make ~$1.3M for 3-4 days/week of work.

And to think that people think that physicians make too much money.

Honestly not that much. To make good money, they need high volume in an efficient Cath lab. I think medicare professional fee for watchman is about $800. Tavr may be a little more. Private insurance pays more but the majority of patients are Medicare. Dental specialists definitely make more for less stress and less hours. Their patients don’t routinely try to die on them like TAVR patients occasionally will.

 

[abolt18]

Honestly not that much. To make good money, they need high volume in an efficient Cath lab. I think medicare professional fee for watchman is about $800. Tavr may be a little more. Private insurance pays more but the majority of patients are Medicare. Dental specialists definitely make more for less stress and less hours. Their patients don’t routinely try to die on them like TAVR patients occasionally will.

Well, if you're cranking out 18 of them in a day like you indicated is possible for said cardiologist, let's say, 3x/month, that's a solid $550K, for 36 days of work... More realistically, even if that's only 2x/month, it's $345K for 24 days of work. So it's not even looking at any of his/her other clinical work or procedures or call stipends.

 

[clubdeac]

Dr. Sackler and his Dr. brother. Both psychiatrists. made billions off of oxycontin. insane story. if you haven't read Empire of Pain I'd highly recommend it.

 

[bravotwozero]

Dr. Sackler and his Dr. brother. Both psychiatrists. made billions off of oxycontin. insane story. if you haven't read Empire of Pain I'd highly recommend it.

Dopesick was also a good series on it, on Hulu.

 

[sirspamalot]

Or you can find a nice straightforward specialist job in a lower density area and work lightly for high 6 figures. Those guys making 1-3M a year are working their asses off for it, except maybe the cardiology folks. But ortho and Nsurg WORK.

 

[WorkNoteEmergency]

10 years ago, hometown paper at my former job published top 10 salaries at my hospital system. #1 was CEO at a little over $1M and the rest were interventional and EP cardiologists at $800-900k. This is in a town with real estate $100/sf.

 

[Medstart108]

Fertility in the right locale (think big city with ambitious types) can net OBs 6-8 mil a year.

 

[sirspamalot]

Seriously? Dayum.

 

[USCTrojan11]

Top of the list are football coaches followed by academic doctors.

All salaries for 2021 | Transparent California

Search California public, government employee, workers salaries, pensions and compensation

transparentcalifornia.com

Vaughn Starnes at USC/CHLA $3mil

View attachment 362804View attachment 362805

View attachment 362806

Top 10 Highest-Paid Medical Professionals at Nonprofits 2021 | ERI Economic Research Institute

Results from an ERI white paper showed the highest-paid positions in the health care industry were both legal and medical professionals.

www.erieri.com

Who says you need to move to North Dakota/BFE to make decent money?

This isn't accurate for HSS

A couple of the guys make way more than the quoted spine surgeon. Their top spine guy, not even listed, makes 3M/year on an NFL payroll alone on top of his clinical duties at HSS

 

[ChudsMgee]

ER Physician friend makes $5+ million a year through his chain of urgent care clinics.

 

[Iamnew2]

ER Physician friend makes $5+ million a year through his chain of urgent care clinics.

Yes because every doctor owns a bunch of urgent care clinics. Most people should not expect to be the exception. That is flawed.

 

[ChudsMgee]

Yes because every doctor owns a bunch of urgent care clinics. Most people should not expect to be the exception. That is flawed.

I didn't say this was the norm. I also missed the OP saying "clinical work" so my buddy doesn't count anyways. He is usually in Africa killing elephants and hasn't been close to a patient in a few years

 

[Doc_with_a_skull]

There is a lot to be said about this, but really, it depends on what you mean by "what they make." I think this should be divided into two things: Primary income & others. Primary income is what I would consider as salary/income by being a doctor/dentist/pharmacist etc. Others is side hustle, owning, etc. Most reported income is still somewhat lower than what you see out, but I would say average is around 350K across all disciplines. However, the "rich doctors" you see are either spending beyond their means, making a lot more than "normal" or making a lot of income from other things. Especially older doctors have a lot of their investment/ side hustles established, so it can be relatively common for them to be making significant amount from "others" than primary income.

Here are some median income figures: Median Income
Here are some financial "mistakes/ tips": 10 basic financial tips

 

[OncePreDent]

General Dentist producing $12M a year, 1 doctor 3 locations 5 days a week. Owns his own clinics, he probably nets around $6M a year.

 

[sirspamalot]

animal style

 

[forchinet121]

General Dentist producing $12M a year, 1 doctor 3 locations 5 days a week. Owns his own clinics, he probably nets around $6M a year.

You’re claiming one dentist is working at these 3 locations and the dentist alone produces 12 mil in revenue?

 

[OncePreDent]

You’re claiming one dentist is working at these 3 locations and the dentist alone produces 12 mil in revenue?

Yes

 

[forchinet121]

Yes

Who told you this and are you currently a dentist?

 

[OncePreDent]

Who told you this and are you currently a dentist?

The dentist. I have also seen the practice as well - I've never seen a clinic run the way the dentist runs it. Highly efficient - all locations are open 5 days a week, virtual consultations (mainly Invisalign). The dentist is extremely impressive at delegation.

 

[forchinet121]

The dentist. I have also seen the practice as well - I've never seen a clinic run the way the dentist runs it. Highly efficient - all locations are open 5 days a week, virtual consultations (mainly Invisalign). The dentist is extremely impressive at delegation.

Are you a practicing dentist right now? How is he able to generate that much revenue by himself?

 

[OncePreDent]

Are you a practicing dentist right now? How is he able to generate that much revenue by himself?

Nope, I am not. I have been to around 20-30 different practices & I've never seen the sheer quantity of patients this doctor/office sees. I've been to ortho practices where it's a 1-doctor office(s) seeing 140-160 patients a day ($5-$7M in production - very successful) & this dentist is on a completely different level than them. I don't want to go too much into the specifics for this dentist, but mainly Invisalign & delegating tasks to DA & RDH (not sure if the dentist had any dental therapists on the team, but no other dentists). The dentist keeps the other locations open for virtual consultations as well. Also, the offices are in prime locations. The only reason why the dentist is able to produce this much is because of major delegation.

I haven't seen the dentist's numbers myself, but after seeing the operation, I don't question the $12M in production. The dentist actually said $12-$15M in production, but I am going with the lower end.

 

[sirspamalot]

Good golly miss molly. And here I was thinking living easy peasy at # was the way to go.


BTW have you EVER looked at how bad your dental insurance plan is? I had one "take" my SO's insurance, only to tell me AFTER THE FACT that it was "the worst insurance possible, they pay cheapo nothing" while charging 300% of what the insurer paid. Scream bloody hell and Insurer says "Dentists pull this **** all the time. They tell you they take your insurance, well yeah, we'll pay anyone our rate. We don't care. But the (greedy ones who work in the ritzy part of town) high end ones will do this nonsense we get calls every day like this."

(Family Guy Narrator Voice). Dentists: They have the highest suicide rate.

 

[forchinet121]

Nope, I am not. I have been to around 20-30 different practices & I've never seen the sheer quantity of patients this doctor/office sees. I've been to ortho practices where it's a 1-doctor office(s) seeing 140-160 patients a day ($5-$7M in production - very successful) & this dentist is on a completely different level than them. I don't want to go too much into the specifics for this dentist, but mainly Invisalign & delegating tasks to DA & RDH (not sure if the dentist had any dental therapists on the team, but no other dentists). The dentist keeps the other locations open for virtual consultations as well. Also, the offices are in prime locations. The only reason why the dentist is able to produce this much is because of major delegation.

I haven't seen the dentist's numbers myself, but after seeing the operation, I don't question the $12M in production. The dentist actually said $12-$15M in production, but I am going with the lower end.

yeah 12M in revenue as a single dentist is insane as in 1 in a million insane, most neurosurgeons and cardiac surgeons are not even close to doing those kind of numbers

 

[OncePreDent]

yeah 12M in revenue as a single dentist is insane as in 1 in a million insane, most neurosurgeons and cardiac surgeons are not even close to doing those kind of numbers

This is also production, not what the dentist collects or nets. I believe the average dentist produces around $1M a year in production (please correct me if I am wrong). But countless factors go into that.

 

[finalpsychyear]

This is also production, not what the dentist collects or nets. I believe the average dentist produces around $1M a year in production (please correct me if I am wrong). But countless factors go into that.

its like 55-60 percent overhead in their field maybe even more now who knows. Neurosurgeons back in the glory days of medicine were making 3-5mill and having planes and stuff. That type of money in the 80s and 90s would be like 10 mill net today. crazyness.

Ultimately, unless your into planes, multiple houses in the world, boats etc... it all comes down to how little are you working to make whatever money. I'd take working 30-35 hours from home making 500k vs 1 mil pushing 60 ish with some wknd, night, holiday nonsense. For me and those that gain wisdom with time it boils down to how much free time you get esp with friends and family. Not interested in having 10m extra at death if that cost me double the working time per week. Time is priceless.

 

[sirspamalot]

Correct. Life/work balance must be achieved...as more 0's don't = happiness alone.

 

[OncePreDent]

its like 55-60 percent overhead in their field maybe even more now who knows. Neurosurgeons back in the glory days of medicine were making 3-5mill and having planes and stuff. That type of money in the 80s and 90s would be like 10 mill net today. crazyness.

Ultimately, unless your into planes, multiple houses in the world, boats etc... it all comes down to how little are you working to make whatever money. I'd take working 30-35 hours from home making 500k vs 1 mil pushing 60 ish with some wknd, night, holiday nonsense. For me and those that gain wisdom with time it boils down to how much free time you get esp with friends and family. Not interested in having 10m extra at death if that cost me double the working time per week. Time is priceless.

Yeah, that is absolutely insane. Those are the glory days; I don't see those days returning - at least anytime soon. I agree; I would rather make $500k working 30 hours a week and spending more time with kiddos than working 60-80 hour weeks making significantly more.

 

[cloth_alert00]

Very realistic for a dentist in private practice to net 500k on 28-30hrs/week doing bread and butter procedures. Just have to have the right systems in place. And no, you don’t have to go rural.

Honestly it is apples and oranges to compare dentist incomes to MDs. Dentists can make more working significantly less hours.