TackleMD Posted March 4, 2021 Report Share Posted March 4, 2021 Hi all, Just accepted to USMD - likely to cost 300k USD. My main question, maybe for someone who has been on this path and journey, Is it worth it to complete a USMD then try to match family medicine in Canada from a financial stand point? Or should I just really focus on trying to get a competitive specialty and staying in the states. I feel like I would much more like to practice in the Canada simply because of the healthcare system and FM seems to pay well here/ shorter residency. It also seem specializing doesn't pay as well here. Any insight would be great. Quote Link to comment Share on other sites More sharing options...
bearded frog Posted March 4, 2021 Report Share Posted March 4, 2021 Don't worry about the cost difference between CA vs US when making this decision. Regardless of FM or other specialty in US or Canada, you will be able to pay it off in a few years. If you want to practice in Canada, try and match in Canada, but realistically you will apply to both to keep your options open. If you want to do FM, then apply to FM. If you want to specialize, specialize. In general, I think specialists make more money in US, but have to pay more for malpractice insurance, health care, etc. Which one comes out ahead will vary by specialty, location, and type of practice. TackleMD 1 Quote Link to comment Share on other sites More sharing options...
JohnGrisham Posted March 5, 2021 Report Share Posted March 5, 2021 13 hours ago, TackleMD said: Hi all, Just accepted to USMD - likely to cost 300k USD. My main question, maybe for someone who has been on this path and journey, Is it worth it to complete a USMD then try to match family medicine in Canada from a financial stand point? Or should I just really focus on trying to get a competitive specialty and staying in the states. I feel like I would much more like to practice in the Canada simply because of the healthcare system and FM seems to pay well here/ shorter residency. It also seem specializing doesn't pay as well here. Any insight would be great. Don't focus on the small details. If you do FM in the US and then come back, that is also perfectly fine and you will just feel more prepared for independent practice. FM pays well in Canada, if you're willing to work hard. TackleMD 1 Quote Link to comment Share on other sites More sharing options...
Intrepid86 Posted March 5, 2021 Report Share Posted March 5, 2021 Most of the people I know who trained in the States ended up staying there. The most likely reason being they enjoyed their time, and ultimately found more things they liked than didn't. If you're worried about the one extra year of training for FM, then I would say it shouldn't even be a consideration. JohnGrisham and TackleMD 2 Quote Link to comment Share on other sites More sharing options...
JohnGrisham Posted March 6, 2021 Report Share Posted March 6, 2021 13 hours ago, Intrepid86 said: Most of the people I know who trained in the States ended up staying there. The most likely reason being they enjoyed their time, and ultimately found more things they liked than didn't. If you're worried about the one extra year of training for FM, then I would say it shouldn't even be a consideration. Agreed, and in modern times when there is a lot to know, an extra year of residency training serves most people well! It is all a continuum, minus the pay difference of course. Quote Link to comment Share on other sites More sharing options...
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