Beacon Posted February 18, 2016 Report Share Posted February 18, 2016 . Link to comment Share on other sites More sharing options...
NLengr Posted February 18, 2016 Report Share Posted February 18, 2016 Lets be clear here: When you say "lots", you are talking an absolute number of physicians. Not a relative number. The percentage of physicians billing 7 figures is very low (<1% I would guess). The amount seeing it as a take home income after business expenses is even less. The key point of the long list: If you want to make lots of money, work privately. Money is much more plentiful outside of the public health system. To be honest, most doctors I know (I'm in a surgical specialty so it's a lot of surgeons) could make more money than they currently are. But they'd rather make less and have a better lifestyle. There comes a point for most people where free time is worth a lot more than additional pay. Link to comment Share on other sites More sharing options...
rmorelan Posted February 18, 2016 Report Share Posted February 18, 2016 Lets be clear here: When you say "lots", you are talking an absolute number of physicians. Not a relative number. The percentage of physicians billing 7 figures is very low (<1% I would guess). The amount seeing it as a take home income after business expenses is even less. The key point of the long list: If you want to make lots of money, work privately. Money is much more plentiful outside of the public health system. To be honest, most doctors I know (I'm in a surgical specialty so it's a lot of surgeons) could make more money than they currently are. But they'd rather make less and have a better lifestyle. There comes a point for most people where free time is worth a lot more than additional pay. yeah I mean unless you are pouring everything in to the job in order to retire early - and I mean really early - beyond a point you are not exactly doing anything useful. The running joke is you have to work so hard so you can pay for your spousal support payments. If you want to enjoy life you have to actually have some free time in there somewhere Link to comment Share on other sites More sharing options...
uwopremed Posted February 19, 2016 Report Share Posted February 19, 2016 NLengr: I think those billing over 1 million, INCLUDING PRIVATE BILLING, is actually quite a bit higher than 1% = probably 3-5% range. In fact - more than 1% of all licensed doctors in Ontario billed OHIP more than 1 million - and that includes part time folks that barely work. Toss in all the private billings we don't see - and we are talking quite a few more doctors. In BC the percentage might be even higher. The BC blue book shows how much every doctor bills. Those over 1 million do seem to be more than 1% for sure. Link to comment Share on other sites More sharing options...
NLengr Posted February 19, 2016 Report Share Posted February 19, 2016 I wonder how many would crack one million in billings to OHIP if you didn't include Optho? Link to comment Share on other sites More sharing options...
uwopremed Posted February 19, 2016 Report Share Posted February 19, 2016 I agree NLengrer. With the recent pay cuts, probably not that many anymore on OHIP billings alone. Link to comment Share on other sites More sharing options...
GrouchoMarx Posted February 19, 2016 Report Share Posted February 19, 2016 bc blue book is optho uro and cardiology over 1 mil w optho overrepresented. i guess if u dont know about optho as a med student go check it out and see if u like it. Link to comment Share on other sites More sharing options...
ploughboy Posted February 20, 2016 Report Share Posted February 20, 2016 So at the risk of sounding like your boring uncle Bob, let me say one thing: It's not what you make. It's what you keep. Link to comment Share on other sites More sharing options...
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