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What is the income of physicians?

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  • benign_user
    replied
    Well I imagine you came to this forum because you understand the importance of money. Am I wrong?

    Leave a comment:


  • fatlittlepig
    replied
    Our incomes are less than you because we aren't as educated and skilled of a physician as you.

    Leave a comment:


  • benign_user
    replied
    I believe I upset some folks on this thread when I was surprised by the salaries some were earning.

    Leave a comment:


  • wonka31
    replied
    I’m truly surprised that this thread has lasted more than two posts. Did anyone read the initial post? The variances among specialties, geography, employed vs independent, negotiation in contracts, etc make this an impossible question to answer logically.

    How much does a doctor, lawyer, investment banker, real estate agent or daytrader make? Ummm, it depends.

    Leave a comment:


  • benign_user
    replied










    So you are posting the question to help med students and residents find out what factors will result in lower salaries?  How thoughtful of you.
    Click to expand…


    Isn’t this the whitecoatinvestor.com forum? You should read William Bernstein’s book, The Investor’s Manifesto, where he describes the importance of income in making investments, the title of this website/forum.
    Click to expand…


    And you should read 1 Timothy 6:10.

    Just because some specialties pay more than others, and some areas of the country have higher salaries than others, doesn’t automatically mean that a medical resident should put maximizing salary over every other concern.  Scaling down their desires and choosing a specialty and a practice setting they will enjoy makes much more sense.  Any physician who hasn’t run up ridiculous levels of student loan debt and who isn’t suffering from affluenza earns enough to be able to invest and achieve a comfortable retirement.
    Click to expand...


    I agree, income should not be the major reason a student picks a field.

    Leave a comment:


  • artemis
    replied







    So you are posting the question to help med students and residents find out what factors will result in lower salaries?  How thoughtful of you.
    Click to expand…


    Isn’t this the whitecoatinvestor.com forum? You should read William Bernstein’s book, The Investor’s Manifesto, where he describes the importance of income in making investments, the title of this website/forum.
    Click to expand...


    And you should read 1 Timothy 6:10.

    Just because some specialties pay more than others, and some areas of the country have higher salaries than others, doesn't automatically mean that a medical resident should put maximizing salary over every other concern.  Scaling down their desires and choosing a specialty and a practice setting they will enjoy makes much more sense.  Any physician who hasn't run up ridiculous levels of student loan debt and who isn't suffering from affluenza earns enough to be able to invest and achieve a comfortable retirement.

    Leave a comment:


  • benign_user
    replied
















    Why does dusn’s region matter if you want global/US numbers?

    I’m having trouble understanding your backlash to the fact we can’t answer your constantly evolving question
    Click to expand…


    Because Dusn is reporting earnings that are much lower than the ones I see in my colleagues. So I’m trying to figure out why they are so low.
    Click to expand…


    I’m in the Southeast in a large town.  There’s only one major hospital system and they have a near monopoly.  If you’re a group that’s not employed by this hospital system they’ll make your life miserable.

    Anyway, tell us what you think are typical salaries, for which area of the country, which specialties, and type of practice, employed vs owner, how many patients per day and what ancillaries.
    Click to expand…


    So I’m only familiar with the south. I’m in a large metro area. The average salaries for PCPs in my hospital are 300-350K. Specialists do pretty well, the best paid are some Bariatric surgeons making north of $2million/year. There are very few employed physicians in my hospital and there are multiple competing hospital systems in this large metro area.
    Click to expand…


    LOL, who knew there are geographical differences in physician salaries. Fatlittlepig just got back from texas, I wouldn’t move there for an extra 100 or 200K.
    Click to expand...


    I do have to say though physicians are generally better respected in the South as compared to in California.

    Leave a comment:


  • fatlittlepig
    replied













    Why does dusn’s region matter if you want global/US numbers?

    I’m having trouble understanding your backlash to the fact we can’t answer your constantly evolving question
    Click to expand…


    Because Dusn is reporting earnings that are much lower than the ones I see in my colleagues. So I’m trying to figure out why they are so low.
    Click to expand…


    I’m in the Southeast in a large town.  There’s only one major hospital system and they have a near monopoly.  If you’re a group that’s not employed by this hospital system they’ll make your life miserable.

    Anyway, tell us what you think are typical salaries, for which area of the country, which specialties, and type of practice, employed vs owner, how many patients per day and what ancillaries.
    Click to expand…


    So I’m only familiar with the south. I’m in a large metro area. The average salaries for PCPs in my hospital are 300-350K. Specialists do pretty well, the best paid are some Bariatric surgeons making north of $2million/year. There are very few employed physicians in my hospital and there are multiple competing hospital systems in this large metro area.
    Click to expand...


    LOL, who knew there are geographical differences in physician salaries. Fatlittlepig just got back from texas, I wouldn't move there for an extra 100 or 200K.

    Leave a comment:


  • Tim
    replied
    “I’m still amazed that people on this forum are asking me why I’m curious about physicians’ income.”

    That was clarified. Average. Asked and answered without objection.
    The Medscape survey (with all the weakness) was provided.
    If you objective is to have a conversation about an individual’s income, some are more open than others.

    Dusn did not request advice personally or for the acquaintances.
    You asked a question and received an answer.
    Push back is “philosophical “, the followups don’t have a purpose and don’t relate to your original curiosity.
    Not being judgmental, sometimes I read and don’t understand. That’s not pushback, it’s I even told you how to find details of wealth and compensation here for about 300 physicians. Why persist?

    Leave a comment:


  • benign_user
    replied










    Why does dusn’s region matter if you want global/US numbers?

    I’m having trouble understanding your backlash to the fact we can’t answer your constantly evolving question
    Click to expand…


    Because Dusn is reporting earnings that are much lower than the ones I see in my colleagues. So I’m trying to figure out why they are so low.
    Click to expand…


    I’m in the Southeast in a large town.  There’s only one major hospital system and they have a near monopoly.  If you’re a group that’s not employed by this hospital system they’ll make your life miserable.

    Anyway, tell us what you think are typical salaries, for which area of the country, which specialties, and type of practice, employed vs owner, how many patients per day and what ancillaries.
    Click to expand...


    So I'm only familiar with the south. I'm in a metro area. The average salaries for PCPs in my hospital are 300-350K. Specialists do pretty well, the best paid are some Bariatric surgeons making north of $2million/year. There are very few employed physicians in my hospital and there are multiple competing hospital systems in this metro area.

    Leave a comment:


  • Anne
    replied







    So you are posting the question to help med students and residents find out what factors will result in lower salaries?  How thoughtful of you.
    Click to expand…


    Isn’t this the whitecoatinvestor.com forum? You should read William Bernstein’s book, The Investor’s Manifesto, where he describes the importance of income in making investments, the title of this website/forum.
    Click to expand...


    Lol.  Already read it.  I learned some history, but the behavioral stuff I've been doing since I started investing (which was prior to med school).  41 and FI but still loving my job.  Good luck to you in your search for whatever answers you are looking for.

    Leave a comment:


  • fatlittlepig
    replied







    So you are posting the question to help med students and residents find out what factors will result in lower salaries?  How thoughtful of you.
    Click to expand…


    Isn’t this the whitecoatinvestor.com forum? You should read William Bernstein’s book, The Investor’s Manifesto, where he describes the importance of income in making investments, the title of this website/forum.
    Click to expand...


    you don't seem to be very sophisticated when it comes to finances as demonstrated by your question and replies.

    Leave a comment:


  • Dusn
    replied







    Why does dusn’s region matter if you want global/US numbers?

    I’m having trouble understanding your backlash to the fact we can’t answer your constantly evolving question
    Click to expand…


    Because Dusn is reporting earnings that are much lower than the ones I see in my colleagues. So I’m trying to figure out why they are so low.
    Click to expand...


    I'm in the Southeast in a large town.  There's only one major hospital system and they have a near monopoly.  If you're a group that's not employed by this hospital system they'll make your life miserable.

    Anyway, tell us what you think are typical salaries, for which area of the country, which specialties, and type of practice, employed vs owner, how many patients per day and what ancillaries.

    Leave a comment:


  • benign_user
    replied




    So you are posting the question to help med students and residents find out what factors will result in lower salaries?  How thoughtful of you.
    Click to expand...


    Isn't this the whitecoatinvestor.com forum? You should read William Bernstein's book, The Investor's Manifesto, where he describes the importance of income in making investments, the title of this website/forum.

    Leave a comment:


  • Anne
    replied
    So you are posting the question to help med students and residents find out what factors will result in lower salaries?  How thoughtful of you.

    Leave a comment:

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