Physician Career Information : Physician Salary

[mrthomas2000]

in my country, it's 6 years of university, then you become a resident for 3 to 7 years. But the salary for a resident is about 4800 $ (USD) A YEAR! and for a doctor it's about 14500 $ (USD) A YEAR!

[1080portal]

70k....lol!

[thucie]

@WarrenAch i just wanted to clarify your comment on the length of physician training. we have to go through 4 years of college, 4 years of medical school, and 3 years of residency in order to fully practice. however, a fellowship or post-masters's is not required. if physicians want to specialize, a fellowship can last 1-4 more years. for more info, i write about the different specialties and salary figures in my blog, mdsalaries . good luck w/pre law!

[ADuckOnQuack97]

someone said some plastic surgeons make $460 000 a year holy titties

[ADuckOnQuack97]

i care alot about money

[CambridgeHeights]

Doctors (especially primary care) are very underpaid. 60 hours of work per week, the 11-18 years of post-high school training, the constant and enormous stress, the continuing lifelong learning, etc.

[xxDJWooddellxx]

damn thats takes too damn long

[BnJohansen]

who cares for money... seriously.... you don't become a physician / doctor because of the money.... one becomes a doctor/physician because you like/love to help people and to take care of them

[HAAKONNSKER]

@BnJohansen well to cut your time short you could go get a job at a local nursing home or retirement house.. face it part of the intrest that most people have in becoming a physician is not only to help others but to help themselves by the type of income you'll recieve.

[Nyguenify]

@BnJohansen I love when I hear that. BS. First, you should love medicine because you love helping yourself. You have to love yourself before helping others. Second, you don't HELP anyone. You prescribe drugs which they never get off of, at least from you anyhow. Diet is the key to health and they don't teach that in PA, MED, or NP school. Allopathic medicine is a joke. As for helping ppl, what..you think every day you go to work with this LOVE to help people? Get real. It's a job.

[Nyguenify]

@BnJohansen You should hear the comments in morning report about fat people and whatever. You should hear the comments I've heard when people are under anesthesia, you should see how people are talked about who have a lot of problems as if they are a piece of shit and full of shit. Dude, you have no idea of what you are even talking about with this nonsense you spew. Medicine isn't what you think. Sure, there are some good folks, genuine, but not most.

[BnJohansen]

@Nyguenify Don't troll xD didn't you get into med. school ?! xD

[arivas713]

can you skip the 3 years of residency and go directly to working for programs like doctors without borders?

[zbjordan23]

@arivas713 no

[weedman8222]

HELLZZ YEAAA MONEEYYY IS GOOD!!! IMMA GET THIS IMMAA GETT THIS!@!@!!!

[TheFlanker35]

@0:35,

Doctors always make the claim that they go to school so much. It was true in the old days. It isn't that true today. Today, most regular, decent jobs require 4 wasted years of college and at least 2 years in graduate school. Medical residents make higher than the per capita income so those aren't bad either. Everyone has student loans too.

Doctors have it made but are like Iceland and try to keep people out.

[1Amiel1]

"Tremendous need for Physicians".

This is why I want to enter the Medical field because it's a stable job.

[WarrenAch]

Stable job?Working over 60 hours a week and not being able to live a proper relationship is stable ?

If you're joining Medical school with the hope of "living a good life and making money" is the worst idea ever...

A doctor doesn't make shitloads of money,he loses about 40-50% of what he makes a year and with all the work schedules,you won't even have enough time to live with your money.

Join this field for passion and science loving.

Money is in M.B.A degrees,not M.D.

[1Amiel1]

Sorry, I mean safe job. Also, I know the hardships a doctor has to endure for the rest of his career. However, if what you're doing is making people's lives easier for them to live than I m willing to go through hell. (Sounds overdramatic but I would).

Also, I stated wanting to go to the 'Medical Field' and not specifying what branch. The Nursing branch is where I really want to go.

[WarrenAch]

I understand your point,the same hard work applies to nurses and other medical professions as well...

You seem to be very motivated,so go for it.

Good luck,and have fun ^^

Things are always fun if you have a passion on what you are doing.

[00MrPanda00]

@WarrenAch I say become a nurse instead. 50k-70k is just as good, and I hear they get about 4 days off.

[LAO90]

@WarrenAch are you a doctor?

[WarrenAch]

@LAO90 I'm a pre-med student right now,working my way up.

But,i know plenty of doctors,my father himself is a cardiologist and i know

a lot about generalists/specialists + other health professions.

I can answer your questions if you want.

[LAO90]

@WarrenAch Right now im working towards my bachelors degree in biology. My question is does financial aid help throughout medical school?

[WarrenAch]

@LAO90 Of course,i can tell you that 2/3 of the people in Med borrow money from either their University or Bank,it will put you in debt,but i'm sure you'll be able to pay it off during residency,once you start making around 50k/year(you'll have nothing to do with that money anyways.).

A B.Sc. in Biology? That's a great mix dude,keep your GPA up/PREPARE for MCAT and you won't worry to get an interview,

Feel free to ask anything !

[TheFlanker35]

@WarrenAch,

Just so you know, taxes make it deceptively difficult to pay off student loans. If a med-student graduates with 200K in debt, he/she's got to find a way to pay taxes and student loans. You can't write off more than $3,000 annually for student loans. Your city and state take 5% probably first. Then Uncle Sam takes 25%. Rent takes 15% probably. That leave you with about 28K to pay off loans. Loans are the biggest deterrent to entering the medical profession.

[WarrenAch]

@TheFlanker35 High taxes come with High Salaries.

I know plenty of Physicians who don't declare all their income,so they end up paying less.Ask any NeuroSurgeon making over 800k/year,most of them declare like 300-450k/year salaries so they don't get ripped off by taxes because they already paid too much in malpractice.

Same goes for any other salaried person.

Also,for your other comment about residents,i find their salary very miserable compared to the hours they have to deal with.

[TheFlanker35]

@WarrenAch,

I didn't realize that the work weeks on medical residents were still that grueling until you pointed it out. I just checked and they're officially capped at 80 hours a week, but I'm sure it's sometimes longer due to seminars and such. That's pretty rough. However, it's not abnormal for I-bankers to put those hours and more into work for low starting pay.

[WarrenAch]

@TheFlanker35 Yes,Physicians do get higher starting salaries,but still,they have loans,high malpractice insurances and don't have experience on declaration.

So basically,the Physician won't do much "money" once he gets at least 5-10 years of experience.Knowing that they have to work over 80hours/week for 43k/year during residency and fellowship...it's a long road,I-Bankers finish studies earlier,so in the bottom line,both end up making lots of money,but I-Bankers have better lifestyle.

[TheFlanker35]

@WarrenAch,

I think being a Physician, Nurse, Pharmacist, etc. is both much more rewarding and much more stable a profession than the I-Banker types. BTW, a lot of I-bankers take a long time in school too(my parents worked on Wall St., but I want to be in medicine). Many top investment bankers have M.B.A./J.D. degrees which are 5 years. They have student loans too.

[WarrenAch]

@TheFlanker35 I agree with you on that point.

But,J.D. degrees are for lawyers,I-Bankers have to go through B-School and their degrees last 3-4 years.

M.B.A. is basically 2 years in full time.

Physicians have to go through,4 years of college,4 years of med,3 to 6 years in residency,3 years fellowship and 2 years of masters(not required but most do it) to fully practice.

[TheFlanker35]

@WarrenAch,

Sorry if I'm hijacking the thread, but most top I-Bankers often also have law degrees. Some practice law and others don't, but you need a lawyer's knowledge of the law to analyze the mergers and acquisitions. What exactly is fellowship and masters?

[WarrenAch]

@TheFlanker35 A Master is a a 2nd cycle degree,often known as M.B.A. or M.Sc. degrees.

A fellowship is known as a sub-specialty that most Physicians must take after residency,Family docs may avoid it but all specialists have one.

In example:If you're a Cardiothoracic Surgeon that wants to do Heart Transplant procedures,you must take a Fellowship to have the right to do it,there is only 1200 transplant surgeons in the World.

It generally lasts 1 to 3 years depending on the branch of study.

[TheFlanker35]

@WarrenAch,

Just one warning. I don't think it's legal to leave income undeclared. You don't want to get audited, trust me! That hypothetical NeuroSurgeon isn't a good example anyways because he could easily pay off his debts. The dangerous part is that the high salaries don't come for a few years, but the loan repayments do.

[WarrenAch]

@TheFlanker35 I know it's illegal,but any Specialist that respects himself with leave about 45% of his income undedeclared,it's easy to do if you have the experience.

[TheFlanker35]

@WarrenAch,

An M.B.A. from most schools is a waste of time and money. Sometimes, a top school M.B.A. is worth something for about 4 years after you graduate but not always. M.B.As often work longer hours than doctors(eighty hour weeks) for much less pay. The M.B.A. salary is purely mythical.

[WarrenAch]

@TheFlanker35 You are cleverly misinformed.

Yes the salary may be weak for a fresh out MBA grad,but the salary raises A LOT faster than Physician Salaries.All my friends who went in MBA were breaking the 250k/year mark after like 3-5 years.

They work LESS than Doctors,unless you're a trader working in NY as an MBA,it may be 50hours/week.

The average Physician works over 85 hours/week,no paid vacations,has to give free counseling most of the time,can't live a relationshio,Med for money=fail...

[EasternMerchant]

@WarrenAch what about plastic surgery? I hear the plastic surgeosn don't have to deal wtih insurace companies becuase it's a cash business so they can keep most of their profits, and that each surgery yields on average $20,000 dollars! so they work less hours, but have high earnings per job.

[WarrenAch]

@EasternMerchant That is a common misconception, but most surgeons who actually make money while working stable hours are in the private sector, which is extremely competitive.

You'll stand no chance to build this kind of business straight out of school as you'll have debts to repay and nobody will trust you to do the job with only 1 or 2 years of experience.

Cities are already saturated with private surgery/medical clinics offering services for the highest bidder.

[EasternMerchant]

@WarrenAch true, but if you do a good job with the clients they will remember you and you can start to build a client base right? I think that's how it works. As far as cities go, maybe it's best to go to a community that is just starting to develop.

[WarrenAch]

@EasternMerchant Yes, you do have to build a client base to maintain your private practice, but it's not that easy in big cities where there are thousands of doctors in private settings fighting to get the most clients.

Remember, setting up a private practice is hard, because you still need to borrow more money even though you already have med school debts to repay, it's a high risk/high reward sector, but if you screw up, you won't get up, that's a known fact...

[FalloutMessiah]

@EasternMerchant

20,000 dollers?

[Nyguenify]

@WarrenAch Join this field if you want to help big pharma get richer. MSM doesn't cure shit.  How many years of cancer funding and such with no cures? How much money has cancer, Jerry's kids, etc raked in over the last 20 years? What cures are there? People need to wake up! Go watch The Brudzynski Movie and open your eyes. Then watch The Marketing of Madness - are we all insane. Then watch Fat, Lazy and Almost dead to see how you can CURE problems with just DIET alone, juicing specifically

[WarrenAch]

@Nyguenify I won't take any positions in your claims, if you want ot discuss this subject, then feel free to contact the AMA.

[Nyguenify]

@WarrenAch Then violate the Hippocratic Oath and keep doing what's not in the patients best interest. Good luck.

[WarrenAch]

@Nyguenify Don't trip man, i'm a Pre-Law...

[Nyguenify]

@WarrenAch And? Like I care or that means anything to me. Allopathic medicine is treatment for profit. It serves purpose only in emergent care. It cures nothing. There is tons of evidence supporting naturopathic care. Only a person filled with willful pompous ignorance will state the contrary. You can go to nccam.nih.gov and read scientific data supporting naturopathic remedies, earthclinic. c om to read anecdotal evidence, etc. Discuss what with the AMA? How the fox guards the hens?

[guju4ever]

@WarrenAch The fact of the matter is doctors don't make much money early in their career, but once they finish their residencies (they are around 30 to 40, depending on when u got in medskul you can expect a very high salary around $400 K to $800K depends on ur specialty, primary care docs make around $200k to $400K, so u can buy (big house + nice car on loans) u can pay off the debts slowly when ur round 50 ur income will be around $1million up, so u start late but you catch up

[stagelightingkid]

Thats why people should become a physician assitant. 2 years of college and two of med school. Your training is done at a hospital during med school.

[Nyguenify]

@stagelightingkid Most all PA programs are Masters degrees which means you need a BS degree to get in. 6 years total. And then you can decided who's thumb you want to work under.

[MoonHunter15]

yeah, 30 years old. its worth it though to work to where you want to be

[carlosc1dbz]

There needs to be videos about how much doctors really make. Why average their salary?  Someone is California makes a certain amount vs someone who is in Oklahoma. Who cares about average salaries. Also who cares about physician shortages. The shortage has been getting worse, but the fact is that physician salaries have been going down steadily over the past 20 years.

[Nyguenify]

@carlosc1dbz The salaries are too varied. The general info is out there, but still, too much variability. Aside from the hours, location (rural, urban), coding abilities, etc. You can have a primary care doc who makes X amount of dollars and another PCP who makes a lot more because he/she decided to do a year in sports medicine and is proficient at treating arthritis, giving injections, etc. Injections and x-rays are revenue producing animals!

[FierceInTraining]

pshh too much work! lmao 30yrs old!?

[victormbachu]

you need 3 years

[latingirl97]

How many years of residency is required to be a family physician

[WS6TALS1]

usually in all states it is 3 years

[DEACONAP4LOVE]

3-7