worth switching

Discussion in 'Med Business [ MD/MBA, DO/MBA, DDS/MBA ]' started by voltron, May 15, 2014.

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  1. voltron

    voltron Member 10+ Year Member

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    Jan 12, 2003
    Probably you guys get this question a lot but here goes. I am a subspecialist and currently make good income in a practice we own. Last year we netted about 550k per partner, this year likely 600, and hoping to be around 750k withing in 3 years. Of course this is all assuming medicare decides not to f#ck us on a whim, which really is what makes medicine so stressful...the uncertainty. So I guess my question is, based on income numbers like this, is it worth moving into a more business related aspect of medicine (pharma, hosp management, etc). I like business, I manage our investments and do a lot of real estate property investment on the side. thoughts?
     
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  3. cbtk18

    cbtk18 10+ Year Member

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    Mar 23, 2006
    What is your specialty?
     
  4. Substance

    Substance 5+ Year Member

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    Jul 27, 2007
    Dude's a gas-trained pain doc based on his prior posts.

    Now, I have no idea what the future holds, but those are damn good numbers. I'd keep at it. If the rug's pulled out from under you, then you can transition. Until that time, I'd stick with the practice, even if you hate it. You can retire easily on that amount if you give it a few years.
     
  5. bronx43

    bronx43 Word. 10+ Year Member

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    Apr 22, 2006
    Dude, no. Stick with pain medicine.
     
    Silent Cool likes this.
  6. Substance

    Substance 5+ Year Member

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    Jul 27, 2007
    I would also caution about listing numbers on an open forum. Such things serve as ammunition against you.
     
  7. cognitus

    cognitus 2+ Year Member

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    Oct 17, 2013
    Hell no I wouldn't leave. You would not make much more money being in business. You actually may make less. Plus, you would lose the job security
     
  8. cbtk18

    cbtk18 10+ Year Member

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    Mar 23, 2006
    I should have considered gas
     
  9. goodoldalky

    goodoldalky Member 10+ Year Member

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    Jul 6, 2006
    Is this a joke?... I can't tell... Anyway if you do leave your job please let me know. :)
     
  10. Tachyon

    Tachyon

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    Mar 20, 2014
    Stay where you are! On that note, currently researching pain fellowship match data.
     
  11. jameswills56

    jameswills56

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    Jul 25, 2014
    Yeah, it's a good idea!!
     
  12. noroxytocin

    noroxytocin

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    Jul 9, 2014
    What does gas-trained mean? Sorry, but since I'm premed, I don't know what a lot of things mean.
     
  13. Mr.Zero

    Mr.Zero 2+ Year Member

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    Jul 2, 2014
    I'm not positive about this, but I'm guessing they mean gastroenterology.
     
  14. noroxytocin

    noroxytocin

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    Jul 9, 2014
    Oh, thanks. That makes sense.
     
  15. Tachyon

    Tachyon

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    Mar 20, 2014
    'Gas-trained' = Anesthesiology.
     

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