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Typical Salaries of the various medical specialties?


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Hi there,

 

British Columbia has published the provincial billings for the various specialties. This can be found within the BC Health website. Essentially, it's a document that lists the various areas in BC and the numbers of physicians within each specialty categorized by billing amount. If I recall correctly the largest category is $600K or greater and there are quite a number of physicians whose billings rank within this category.

 

Cheers,

Kirsteen

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  • 2 months later...
Why is ophthalmology so high? Are doctors that perform LASIK, etc. inflating the numbers?

Hi there,

 

For one, it's a procedural-based specialty and generally those types of specialties offer a chance for higher billings. Two, with the technological advances among the tools used to repair retinas, etc., the time required to perform these procedures is relatively small, so many more procedures may be scheduled in a day.

 

Cheers,

Kirsteen

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Isn't that the golden question!? (excuse the pun)

I haven't found any concrete data out there because there are way too many variables.

I'm not sure why it isn't posted anywhere. There are some estimates out there but I think they are highly inaccurate.

 

Shuda gone for million dollar question ;)

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According to the crusty old optho who lectured us a few months ago, the "cataract cowboys" also bring the average income for ophthos up significantly.

Hey there,

 

They certainly can. I've been on a couple of biking trips with two of the biggest Canadian Opthos out there and their salaries were impressive. If you consult the BC fee schedules, a number of the Ophthos are pulling in close to $2M per year, and that's from public billings solely.

 

Cheers,

Kirsteen

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Is it just me, or does anyone else feel that your med school curriculum tends to shove internal med, family, psych, and any other easy-to-match-to, non-competitive field, down your throats while not giving any exposure to the more competitive and therefore lucrative specialties like radio, ophtho and such?

Hi there,

 

At UofC we do have mandatory clinical exposure to Ophtho during our Surgery rotation as well as pre-clerkship exposure during some of our other courses, i.e., Neuro. As for Rads, we didn't have too much exposure at all aside from lectures that incorporated Rads within a different block and the requirement of being able to read some plain films for our anatomy exams.

 

Cheers,

Kirsteen

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I'm also pretty sure that some schools have "selectives" built into mandatory rotations. IE: On your surgery rotation you would complete time in general surgery but are than given the option to take part in two other related fields(ie: plastics, ortho, optho, etc.)

 

I'm not sure if I got all the number right but they do have selectives:)

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Is it just me, or does anyone else feel that your med school curriculum tends to shove internal med, family, psych, and any other easy-to-match-to, non-competitive field, down your throats while not giving any exposure to the more competitive and therefore lucrative specialties like radio, ophtho and such?

 

Yes it is true that the curriculum focuses more on the internal, family, psych, peds, o&g and gerneral surgery. This is likely multifactorial. These are the subjects that are emphasized in the LMCC exams. These are the specialties that require the most number of residents/physicians. Ultimately the goal of medical school is to make you a well rounded general physician. Medical school would have to be much longer to meet these goals and expose you to every specialty out there!

 

At UofA we have lectures on all specialties. Radiology is taught in lectures and through our anatomy lab. We have tons of elective time to explore specialties that we don't have core rotations in. We do have a surgery selective in 4th year where we do 2 weeks of ortho and 2 weeks each of 2 other subspecialties.

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Hmm..regarding the OP, when I was researching the physician salaries sometime last year, I found a link that had cardio surgeon salaries pegged at ~800k. Not sure if this was highest observed or average, probably former or a foggy memory...

 

Seems inflated in comparison with the 02/03 values that temp_degoo posted. I'll try and find the link...

 

edit: err...on second thought, I'm pretty sure that was highest observed...

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Hmmmm. Think I see a CMA/AMA audit of Dermatologists' billing practices in Alberta and in the near future. Those are astonishing differences vs. the other provinces, particularly in the case of Alberta.

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  • 9 months later...

Table 5.2. Average Gross Fee-for-Service Payment per Full-Time-Equivalent Physician by Type of Practice, 2005–2006

 

 

Total Fee for service for FM by province:

 

NL 204,008

PEI 188,052

NS 212,413

NB 231,848

Que 171,218

ON 211,584

Man 212,735

Sask 232,524

AB 267,060

BC 228,180

Total 211,671

 

So Alberta is top paying for FM by this account. Really, quite impressive and it disbands some of the stereotypes that GPs make a lot less than other specialists. Although we can argue that money is not the deciding factor in career choice, it is an important one for anyone. For me, it equates to being more valued and as respected as my specialist colleagues. The upward trend in GP salaries is a great start to easing the GP shortage. They are making more than several medical specialists in AB but not quite at the level of any surgical specialties.

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I think the FM numbers are probably hard to sort out....there are alot of incentives out there to entice fam docs to practice in rural locations. Rural docs, from what I understand, do relatively well, but also work very long hours and due to shortages have heavy call and a hard time taking vacation time.

 

Urban fam docs are at the lower end of things and also have higher overhead.

 

So it would be interesting to see a breakdown between urban and rural....cause lets face it, not everyone wants to go rural.

 

Also, I think some of the complaints with regard to fam med, is that a fam doc will often get paid less for the exact same visit/procedure compared to the specialist....a little insulting if you were the fam doc!

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Those are gross salaries, which means you still have to deduct taxes and overhead. I would guess family doctors across Canada probably net closer to the $100-150K range after all those deductions. Any thoughts? I've heard overhead can range 30-40%...

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Those are gross salaries, which means you still have to deduct taxes and overhead. I would guess family doctors across Canada probably net closer to the $100-150K range after all those deductions. Any thoughts? I've heard overhead can range 30-40%...

 

 

30% is reasonable from what I have heard in terms of overhead.

 

The salaries posted were gross for all specialties....so overhead applies to them as well. So it's fair to compare the salaries without deducting overhead.

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  • 5 months later...

Also, I think some of the complaints with regard to fam med, is that a fam doc will often get paid less for the exact same visit/procedure compared to the specialist....a little insulting if you were the fam doc!

 

Somebody told me the other day that a GP-Anaesthetist gets about $30 for a pre-op consult, while an FRCPC gas-passer would get $100+ for the same consult on the same patient. Crazy.

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