Salaries of Physicians Data

[brady23]

Found a nice summary document about pre-tax salaries for physicians in 2016. 

It lists the average for most specialties for doctors who made over $100,000, based on National Physicians Database Salary Data.

Only thing this doesn't account for is overhead and taxes. 

Link: http://www.canadianhealthcarenetwork.ca/files/2018/03/20-years-compensation-chart.pdf

[Snowmen]

Why the heck is PM&R paid so much in Saskatchewan?! Surely that has to be a mistake?

[NeuroD]

Ontario neurology = sucka

[brady23]

Yeah, it surprised me that FM is above 4-5 year specialties like neurology, psychiatry, pediatrics and physiatry!

 

 

[psychiatry2017]

8 minutes ago, brady23 said:

Yeah, it surprised me that FM is above 4-5 year specialties like neurology, psychiatry, pediatrics and physiatry!

 

 

You tend to see more pts in FM , usually q 10-15 min and the FHT/FHO models are attractive financially . You should compare after the overheads though as FM docs pay more overhead than specialists working in hospital

[NeuroD]

Just now, psychiatry2017 said:

You tend to see more pts in FM , usually q 10-15 min and the FHT/FHO models are attractive financially . You should compare after the overheads though as FM docs pay more overhead than specialists working in hospital

That gets pretty messy, because you also have it the other way around, FP hospitalists vs specialists with their own clinics.

[brady23]

1 minute ago, psychiatry2017 said:

You tend to see more pts in FM , usually q 10-15 min and the FHT/FHO models are attractive financially . You should compare after the overheads though as FM docs pay more overhead than specialists working in hospital

Yes that's true! But pediatrics, physiatry , psychology and neurology tend to have about 25-30% overhead too from what I've heard.

 

[zizoupanda]

There’s some pretty whacky numbers that make me question the methodology, Neurosurgery only makes 206k in Saskatchewan?? That can’t be right. Physiatry makes 789k in Saskatchewan? And Derm makes 829k in Manitoba and 915k in Alberta?

[NeuroD]

1 minute ago, zizoupanda said:

There’s some pretty whacky numbers that make me question the methodology, Neurosurgery only makes 206k in Saskatchewan?? That can’t be right. Physiatry makes 789k in Saskatchewan? And Derm makes 829k in Manitoba and 915k in Alberta?

There's an explanation for the neurosurg number in a box on the bottom right. The only other thing that seems off is that physiatry number. Has to be off for some reason or another (or a very special setup for a small number of them).

Side note: Ophtho avg of 1.2M in MAN/ALTA...lol

[Edict]

This is really interesting info. I think when the numbers are really weird it is because the data isn't available or there are other ways people bill. 

[brady23]

3 minutes ago, zizoupanda said:

There’s some pretty whacky numbers that make me question the methodology, Neurosurgery only makes 206k in Saskatchewan?? That can’t be right. Physiatry makes 789k in Saskatchewan? And Derm makes 829k in Manitoba and 915k in Alberta?

You can look at the National Physician Database Payments Data for 2015-2016. I just verified Ontario, but everything in that graph matched.

Those numbers do seem too high though for those provinces - but they mentioned that Saskatchewan and Alberta had some anomalies.

[zizoupanda]

2 minutes ago, PhD2MD said:

There's an explanation for the neurosurg number in a box on the bottom right. The only other thing that seems off is that physiatry number. Has to be off for some reason or another (or a very special setup for a small number of them).

Side note: Ophtho avg of 1.2M in MAN/ALTA...lol

Thanks hadn’t seen that.

Ophtho average from the states (MGMA data) is 411k lol.

[Snowmen]

47 minutes ago, zizoupanda said:

There’s some pretty whacky numbers that make me question the methodology, Neurosurgery only makes 206k in Saskatchewan?? That can’t be right. Physiatry makes 789k in Saskatchewan? And Derm makes 829k in Manitoba and 915k in Alberta?

In Saskatchewan, physiatry must take care of the neurosurgery.

[Birdy]

And here I am, SUPER excited about my PGY-1 salary starting in July. 

[rmorelan]

32 minutes ago, Birdy said:

And here I am, SUPER excited about my PGY-1 salary starting in July. 

Ha as well as all of the new people coming in should be

With those tax credits you actually don't do too badly for residency as a family doctor. Those two years go by super quick

[Birdy]

5 minutes ago, rmorelan said:

Ha as well as all of the new people coming in should be

With those tax credits you actually don't do too badly for residency as a family doctor. Those two years go by super quick

I have three (four by the end of the year) adorable little tax deductions in addition to my tuition credits. Those kids do have their uses. 

Additionally, because of my family size, I won't have to repay my student loans at a PGY-1 or PGY-2 salary so I won't actually have to do anything about those until after I'm done. 

Life's good in FM. 

[rmorelan]

Just now, Birdy said:

I have three (four by the end of the year) adorable little tax deductions in addition to my tuition credits. Those kids do have their uses. 

Additionally, because of my family size, I won't have to repay my student loans at a PGY-1 or PGY-2 salary so I won't actually have to do anything about those until after I'm done. 

Life's good in FM. 

Definitely - I have always been somewhat annoyed I don't like  family medicine more than my current choice.  It has a lot going for it - the shortened training time just being just one of them.  You will have some coverage as well when you are on any mat leave you take. 

Family medicine goes fast - even if you have gone to your residency school as a med student it still takes 6 months at least to learn the resident ropes. Then you turn around and bam - you are a year away from your licensing exam and have to hit the books. Then it is done. 

 

[md2018plz]

16 hours ago, rmorelan said:

Family medicine goes fast - even if you have gone to your residency school as a med student it still takes 6 months at least to learn the resident ropes. Then you turn around and bam - you are a year away from your licensing exam and have to hit the books. Then it is done. 

 

So true. Surprised there aren't talks of making it 3 years like the states.

[rmorelan]

42 minutes ago, md2018plz said:

So true. Surprised there aren't talks of making it 3 years like the states.

I am not completely sure on this but I believe that Canada's program is actually the shortest one in the world. 

[goleafsgochris]

2 hours ago, md2018plz said:

So true. Surprised there aren't talks of making it 3 years like the states.

As someone who finished a 5y program a year ago, 2 years would have been amazing.  You don't care about 5 years when youre finishing med school, but holy shit did I ever want to be done by year 4 of residency.  Then you get to study for the royal college exam, instead of being in your third year of work if you had done family.  

People often say 2 years is "too short," but now that I'm out I realize how little it matters.  I think for most people much of your learning is in the first few years of practice anyway.  My "residency learning" largely plateaued by the end of PGY3--after that point, most of my practical knowledge you can gain as a resident was there, and I only really picked anything up through unrelated independent reading.  I suspect a family PGY3 would be very similar to this--would likely not add all that much.