moo Posted April 18, 2012 Report Share Posted April 18, 2012 The bottom line is if you wanna make the dough you have to work hard. I work hard for my money. Yes,I'm efficient but I'm also careful and care about my patients. I spend half an hour with some patients because I know I can make it up with easy walk in patients. Those times can be brutal. But being a specialist isn't easy either. In the end we all work hard. Link to comment Share on other sites More sharing options...
battleford Posted April 18, 2012 Report Share Posted April 18, 2012 i read something in the toronto star recently talking about the avg physician salary being around $360,000.. .but i believe this to be misleading to the general population... b/c that's their gross billings, out of which they need to pay their rent, equipment, staff, etc... at 30%, that amounts to $120,000 (which is probably pretty easy to get to with just two staff and rent) Link to comment Share on other sites More sharing options...
aaronjw Posted April 18, 2012 Report Share Posted April 18, 2012 I'm attempting to do some research into the growth of physician income over the last few years and I'm curious about something. What is the ammunition to suggest to the public that physician incomes shouldn't be somewhat restricted when the latest NPS indicates physicians on average work just over 50hours a week with a decreasing trend in direct clinical patient care? Opportunity costs aside which for public consumption isn't a valid reason in their eyes. How would you guys make this argument? I'm curious. http://www.nationalphysiciansurvey.ca/nps/news/PDF-e/NPS2010-Backgrounder-en.pdf Link to comment Share on other sites More sharing options...
dms Posted April 19, 2012 Report Share Posted April 19, 2012 Here are some stats for Quebec: http://santeinc.com/wp-content/uploads/2011/11/tab4-1024x923.jpg Radiology is a serious outlier. Link to comment Share on other sites More sharing options...
NLengr Posted April 19, 2012 Report Share Posted April 19, 2012 Here are some stats for Quebec: http://santeinc.com/wp-content/uploads/2011/11/tab4-1024x923.jpg Radiology is a serious outlier. Quebec is an outlier in itself when it comes to pay. They are the lowest. Link to comment Share on other sites More sharing options...
AtomSmasherXVII Posted May 23, 2012 Report Share Posted May 23, 2012 It's possible to make good money ($300k +) with just FM residency, but you need to be smart about it. If most of your money as a GP is coming from the government, you're doing it wrong. Seriously considering bailing into FM for this reason, I hate school. Link to comment Share on other sites More sharing options...
Dr.Henderson Posted May 23, 2012 Report Share Posted May 23, 2012 It's possible to make good money ($300k +) with just FM residency, but you need to be smart about it. If most of your money as a GP is coming from the government, you're doing it wrong. Seriously considering bailing into FM for this reason, I hate school. Or quite a bit more, see some of moo's posts for some good insight into how lucrative FM can be. Link to comment Share on other sites More sharing options...
Med0123 Posted May 23, 2012 Report Share Posted May 23, 2012 Or quite a bit more, see some of moo's posts for some good insight into how lucrative FM can be. where is he btw, we haven't seen him for a good time Link to comment Share on other sites More sharing options...
HycrestJIT Posted May 23, 2012 Report Share Posted May 23, 2012 It's possible to make good money ($300k +) with just FM residency, but you need to be smart about it. If most of your money as a GP is coming from the government, you're doing it wrong. Seriously considering bailing into FM for this reason, I hate school. My good friend and previous FM mentor gross billed 650 last year, and his clinic overhead is 15%. He worked 9/12 months, with 2 months of vacation and 1 month of CME. He was trained as a Family Doc and nothing else. Dare I mention that he not only did at least one delivery/week, but worked 3-4 full-time ER shifts per week in a place where ER is so busy that there are 2 air ambulances based out of the local airport full-time due to the volume of acute cases that flow through there? Yup, you not only get to intubate the acute COPDer, but also get to manage the polytrauma with bilat chest that tubes you placed youself, thrombolyse the STEMI, reduce a compound femur fracture and sew back on a guy's nose (all of which I've been a part of in a tiny "rural community"). Welcome to Rural Medicine. If you realize that you can work for a month or two without "all the big city amenities," then the world is your oyster. If you like the "amenities," then take advantage of them during your vacation time. At that point, you appreciate them more. ./end 'I wish more people chose rural medicine" rant Link to comment Share on other sites More sharing options...
tooty Posted May 23, 2012 Report Share Posted May 23, 2012 Hycrest, what is the catchment population of that hospital? It sounds like an awesome place to work. Link to comment Share on other sites More sharing options...
AtomSmasherXVII Posted May 23, 2012 Report Share Posted May 23, 2012 I read some of his posts. Moo makes a lot because he works his ass off, there's no big secret there. IMO if you want to make a lot of money without doing this, you have to get into privatized work. Link to comment Share on other sites More sharing options...
HycrestJIT Posted May 23, 2012 Report Share Posted May 23, 2012 Hycrest, what is the catchment population of that hospital? It sounds like an awesome place to work. This community in particular has an official population of 6,500 peeps, but it catches near 25,000 from the surrounding areas. All over the country there are gems like this. The caveat to all this is that you work hard as well, though the rural community people are usually really awesome to work alongside. Ultimately, FM can not only pay as much or more than most specialties, but it can also offer an amazingly challenging and rewarding scope of practice. Link to comment Share on other sites More sharing options...
bloh Posted May 23, 2012 Report Share Posted May 23, 2012 Hycrest, what is the catchment population of that hospital? It sounds like an awesome place to work. Really? It sounds like a pretty imaginary place to work. But I'll let someone else write up a more detailed and elaborate explanation why you can't bill 650k on 9 working months. Link to comment Share on other sites More sharing options...
Med0123 Posted May 23, 2012 Report Share Posted May 23, 2012 My good friend and previous FM mentor gross billed 650 last year, and his clinic overhead is 15%. He worked 9/12 months, with 2 months of vacation and 1 month of CME. He was trained as a Family Doc and nothing else. Dare I mention that he not only did at least one delivery/week, but worked 3-4 full-time ER shifts per week in a place where ER is so busy that there are 2 air ambulances based out of the local airport full-time due to the volume of acute cases that flow through there? Yup, you not only get to intubate the acute COPDer, but also get to manage the polytrauma with bilat chest that tubes you placed youself, thrombolyse the STEMI, reduce a compound femur fracture and sew back on a guy's nose (all of which I've been a part of in a tiny "rural community"). Welcome to Rural Medicine. If you realize that you can work for a month or two without "all the big city amenities," then the world is your oyster. If you like the "amenities," then take advantage of them during your vacation time. At that point, you appreciate them more. ./end 'I wish more people chose rural medicine" rant FM running the ER and general surgeon acting as THE surgical consultant in rural areas ftw, these are the best type of practices imo Link to comment Share on other sites More sharing options...
HycrestJIT Posted May 23, 2012 Report Share Posted May 23, 2012 Really? It sounds like a pretty imaginary place to work. But I'll let someone else write up a more detailed and elaborate explanation why you can't bill 650k on 9 working months. This includes province-specific rural retention bonuses. And during those 9 months, he works very hard - most rural docs do. Link to comment Share on other sites More sharing options...
tooty Posted May 25, 2012 Report Share Posted May 25, 2012 How does he have 15% overhead? Does he do his own billing? Most places I've heard of are in the 20-25% range. Link to comment Share on other sites More sharing options...
Med0123 Posted May 25, 2012 Report Share Posted May 25, 2012 Rural medicine - can't imagine rent being expensive and when you bill that much in a year, it is normal to see your % overhead decrease Link to comment Share on other sites More sharing options...
rmorelan Posted May 25, 2012 Report Share Posted May 25, 2012 and when you bill that much in a year, it is normal to see your % overhead decrease Yeah probably the more important factor - fixed costs and all. Rural does have its perks! Link to comment Share on other sites More sharing options...
apache Posted May 31, 2012 Report Share Posted May 31, 2012 bang… i had presentation from forensic psych in to, he made a killing, all legal work and was recognized as leader in field… n not killing for psych, a road killing I read some of his posts. Moo makes a lot because he works his ass off, there's no big secret there. IMO if you want to make a lot of money without doing this, you have to get into privatized work. Link to comment Share on other sites More sharing options...
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