So I highly doubt this is true but wanted to post it anyways
Reviving an old thread- but new folks may be interested in first hand knowledge.
Knocking out several questions at once:
-I own my own podiatry practice. I completely ethically brought in over 300k **this month (gross not net)**. I’ve been in practice for 10 years. I also know pods making 100k for the entire year- so I am an outlier, but there are plenty of us.
-If you work for a hospital system you will not make money. You just won’t. You are at the mercy of unfavorable RVUs. 350k per year tops if you go that route. Those are for the docs that genuinely love surgery, have a bit of a ‘wish I was an ortho’ chip on their shoulder, or really hate spending time with their family If you work as an associate for another pod you also won’t come close to the income level of a smart practice owner.
– You have to work smart. Along with several practice locations I also own a single specialty surgical center (why just get the measly surgeon reimbursement when you can keep both payments and provide a better experience for the patient, and a more expeditious process all around), a pathology lab with a sub contracted pathologist, and some med device consulting. Just showing up ststus quo and fixing bunions all day, isn’t going to place you where it sounds like you want to be. Likewise- what makes the profession unique is that there are many different billable services that can be offered- more services than family practice med. This is true for all surgical fields across the board.
-I genuinely save lives every day. This feels good. You won’t get the credit for that bit in the medical community though. If status and fanfare (which are dwindling in medicine period) are important for your self-esteem head towards the MD degree, you will 100% be more respected as a physician there. Otherwise you can feel good about the care you are providing, work smart, and take it to the bank.