dingdong Posted February 20, 2016 Report Share Posted February 20, 2016 How much can a family doctor net (lets assume new graduate with enough money to invest in a practice) in the first few years, lets say in the GTA. Are people lined outside once you open up a practice or how long does it take to start seeing 40-50 patients a day. I know several walk-ins in the GTA seem some what empty (over-saturation maybe?) How much money can you realistically pull in? Link to comment Share on other sites More sharing options...
booradley83 Posted April 28, 2016 Report Share Posted April 28, 2016 Bump, this is an important question..............how long would it take for a new grad to realistically build up a practice in the GTA? All practices I've spoken to say that 400k billings annually are about average; how long would it take to build up to that? And how many patients/hours would it require? Also, are FHO's still available in GTA? Link to comment Share on other sites More sharing options...
mononoke Posted April 29, 2016 Report Share Posted April 29, 2016 It depends on whether those 400K billings are gross or net - if it's net, then that's a lot of patients you have to see, or you would be doing cosmetic procedures on the side Link to comment Share on other sites More sharing options...
youngdad Posted May 4, 2016 Report Share Posted May 4, 2016 I strongly recommend against seeing that many patients in a day on a regular basis when you are a new grad. You will likely stab your eyeballs out. I'm in BC so I don't know the answer to your question. 400K seems like a lot. Link to comment Share on other sites More sharing options...
booradley83 Posted May 4, 2016 Report Share Posted May 4, 2016 So what the average billings for a typical office with say, 40 hours of patient time? 8 hours of office work/5 days a week? Link to comment Share on other sites More sharing options...
youngdad Posted May 6, 2016 Report Share Posted May 6, 2016 Depends. Some see 25 in 8 hrs. Some see 40 in 8 hrs. Huge difference Link to comment Share on other sites More sharing options...
dynomedasaur Posted July 20, 2016 Report Share Posted July 20, 2016 Just going to play some simple math... maybe some of you will be able to look at these numbers and add/remove things? Say you have 25 patients in 8 hours... average is $35/visit ... thats $875/day Now: $875 * 5 days per week * 4 weeks per month = $17,500/month Annual income on visits only = $17,500 * 12 months = 210,000If you have a few patients with complex care requirements...: Each patient you have will pay you $315 PER condition PER year. Assume you have enough patients to give you 100 of these conditions in your patient population $315 x 100 = $31,500 for complex care management. Total billing will then look like = 210,000 + 31,500 = $241,500/yearNow...- costs of a secretary = $50,000/year- costs of a building/rental/upkeep = .... not sure?Income after everything looks to be just over 100k? Doesn't seem like that much.... Link to comment Share on other sites More sharing options...
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