Hospitalist 500k reddit. Majority of hospitalists are actually family physicians.

Hospitalist 500k reddit I am not 100% certain what you are asking, but if you are debating between being a Hospitalist and going into Gastroenterology, I can help with the financial part of the decision. Pretty doable. My goal is to retire with 7-8mil so this is the shorter way. 54 votes, 76 comments. Does any hospitalist here make more than 500k? Have you heard of any hospitalist making that much? Hospitalist jobs aren’t going to pay you 400-500k unless you take on a lot of extra shifts outside of your contract. Welcome to r/neurology home of science-based neurology for physicians, neuroscientists, and fans of neurology. This guy hit 2M at 37 as a hospitalist. 3 year residency with $500K income sounds sweet And then hospitals will catch up to the fact that an average hospitalist is now seeing 30 - 40 pts, and then it can lead to 3 things. If collectively bargained for 20-30 hospitalists, could squeeze their nutsacks hard for more money. No call. Easier to do that fresh out of residency before you get spoiled by the good I think the problem is its factoring in how much u pay for medical school. yet i am not even close. Malpractice 10-20k. Shifts would probably pay +/- 1500, so would put you around 500k if you worked nearly nonstop, which is actually impossible. Short answer: yes, it is possible. You should be able to tell just from being an IM resident if you would find meaning in being a hospitalist because the work is similar enough. $500k/1,980 hours a year = $252 per hour compensation as an anesthesiologist. Works from Home. Will make close to 380k this year but I have heard of hospitalist making over 400k and have a better quality of life. I made a comment supporting OP’s report of having an entirely opposing experience in residency vs attendinghood. This was a more reliastic question to ask a new Hospitalist - the other stuff you learn as a resident. The amount of easy extra $$ opps they have are insane too. I see one in New Mexico 500k/yr 4 day work week no call no weekends. Majority of hospitalists are actually family physicians. Summers are hot but still better than Texas. Lots of productivity bonus. I know some hospitalists who continued to "work like a resident" and clear well over 500 picking up lots of extra shifts. . Always worried about mid-levels in every speciality. If you dig around past posts you can find the 2021 MGMA data. Basically it's for you to get a feel for the place. Add in some inpatient work and procedures and you'll get close to 500k in clinical income alone. And this is ignoring my feelings about day to day hospitalist work (been moonlighting as a hospitalist throughout fellowship so I do have some perspective). But for the area it's a solid gig. Also, every field has downsides. Search for jobs that include administrative responsibilities - i. I also have a friend in the boonies making 420k base as a daytime hospitalist but he sees like 30 patients with midlevel assistance. I have hospitalist friends who do in fact make as much as I do as an interventional attending. I made north of 500k working 20% over FTE which is an average of 19 day shifts a month. Granted the pay will be very regionally based, from what I’ve seen from this and other subs, hospitalist pays quite a bit less on the coasts but outpatient will pay better. I really want to get to the $500k range sustainably. Employer pays half of FICA 15k. Several in my group are in the 500k+ range. I don't know yet though since I just started the two side gigs. Pay has increased as well. 401k 10k. If you want to work 60-70 hours like a Cardiology fellow or a early career surgeon building up their practice, you will easily clear $500K. One of the Hospitalists has cleared $500k a year the last few years quite easily. Heme/Onc on average gets 1. driving bentley continental gt's, building 5000 square foot houses. Sure you can do IM locums, work extra shifts and make more money however, keep in mind the schedule. Being regionally locked has made my life harder as well regarding this. I made about 30k post tax last Doesn’t matter if it’s 500k-750k. I know friends who are now Hospitalist directors be it the head of the group, director of patient safety, or director of say the obs unit, and are much happier doing 65 admin stuff and 35% clinic or whatever ratio it maybe. FM outpatient is around 250-270 median, hospitalist you’re looking low-mid 300s, total comp. Regarding having a child, don’t do a chief year. I make 370k base as a Nocturnist and easy 400k with bonus. No way you get this in nyc. Theoretically, I guess, but I can’t imagine anyone wanting to do this, or actually being able to it in any sort of sustainable way outside of occasional weekend hospitalist shifts. The best data I have suggests that Gastroenterology starts around 500K while Hospitalists are being compensated in the high 200k. Your standard contract requires you to work half the year. Hospitalist is a great ambition if it suits your personality and gives you the work-life balance you desire, and the lack of control/ continuity you're ok with. I Bill more nerve blocking a hip fracture or reducing a shoulder than a Hospitalist can bill for an ultra-complex medical dumpster fire. e you do a residency in internal medicine and find a hospitalist job after. People make a lot more than doctors. HF market seems pretty competitive - our fellow took a job for ~500k (I think?) at a large city in Texas - private practice partnership track. Locums hospitalist shifts especially during times that hospitals have a high need can be 2-3 times the normal pay. Impossible to find 20+ hospitalists on a drop of a dime. Jun 19, 2008 · there are a number of hospitalists here in vegas making over 500k. Alternatively, if you just want to work 1 week a month for close to $170K, you can do that, or if you want to teach or do research, you can do that too. Alternatively I could go nights, 7/7 with my group (very high volume of admissions, base salary + RVU compensation) and probably make >$500k, but I'd be working like crazy to hit that. I was fortunate enough to get a GI spot and it has changed my life. 75x our joint salaries here and our monthly payment with a 15yr mortgage is less than rent here. Shifts: EM shifts are at all hours of the day, Hospitalist shifts are more in the nature of day vs Night (maybe a mid shift if you’re a triage hospitalist). Asking folks graduating this year what job offers they've accepted. I'm an academic hospitalist in a big city and I make low 200s. That was nearly ten years ago. Hospitalist in your example is 7 on 7 off at 12 hours per day. You could also do part time hospitalist while you find your passion in medicine. Also note, Nocturnist make more. Long answer: it is very, very difficult to do so as an employee. Money is the great motivator bro. Worked at a hospital where the IM doctors covering nights didn't do any procedures and didn't have 24/7 intensivist coverage either with the understanding that the ED doctor would come up to do an emergent procedures (100 bed community hospital). Ask to talk to as many Hospitalist as you can. I started hospitalist work out of residency and we got paid monthly. I'm IM but I'm doing pcp making about 350k a year. I feel comfortable with ~25 but can handle >30 if they’re not icu. and i had zero debt. Not sure why medicine always has to be this altruistic ivory tower. It’s a scam. Have colleagues who also do 50/50 primary care and hospitalist. Weekends off with call every few weeks. Closed icu preferably with round and go. 5-2x a hospitalist salary and I was offered 320K for heme/onc at UCLA without sign-on bonus. Will likely make cardiologist/GI/hemonc $$$ working as hospitalist. Because if you were to do 1099, you’d pay those out of your gross. I was living off of 50K in residency. Average salary of 240k hospitalist includes benefits package of: Health insurance 5k-10k. My plan is to work maybe 3-5 years as a hospitalist, save money and invest in cryptocurrency during that time and then go to Europe for a few years and then come back to the US and repeat. So total compensation package is actually worth 280-295k. e. I don't know how i am i so far behind. Not bad at all. If you don’t enjoy hospital medicine, would recommend against being a hospitalist. One of my goals is to increase public awareness of what it means to be a good family doc. I do not, unfortunately, know how many patients he saw per day. Same thing with hospitalists. But we do pretty well. and I am a frugal person and on top of that no kids and i moonlight 30+ shifts annually. Average hospitalist salary is closer to 220-250 now days. This makes a huge difference. Personally I wanted pulm-crit but didn't match and I then found that I really enjoyed being a hospitalist. Hours will be around 45 hrs/wk on average since I can leave around 4-5 pm at both hospitals. Jul 16, 2020 · Despite having worked in permanent and locum settings in the NE, Midwest, and South, I have yet to have the pleasure of knowing/meeting a hospitalist that makes >500k. Be absolutely sure and have a good plan if you decide That’s such an odd post. Source: cardiologist As a hospitalist you can take reddit breaks while busting out notes and IM route keeps plenty of fellowship options open. My other 2 side gigs (hospitalist and nursing home) will hopefully push me over 500k. Hospitalist varies a lot across the board and it all depends on your hospital. Other offers I've had are around ~ 300k with very limited growth/partnership, no pension, no PTO, no sign on bonus, etc. If you are a competent owner, your clinical income can reach those levels. Physicians spend more than a decade and inhumane conditions to be experts of human health; they should be compensated fairly. It’s not embarrassing, but I really expected a higher income considering the work it took to get here. I've been doing it for better part of a decade and seen the medical complexity and volume tick up and up. Central-Northern California has very lucrative hospitalist jobs. but they also "see" 40-50 patients a day. Personally couldn't live anywhere else, even if i was making 500k a year, not worth it to me. Most jobs, you spend a lot more time training and when you start, you end up having to work really hard as a junior doctor trying to buy into a practice or getting promoted. A Hospitalist can Bill virtually no CC time, and does very fever procedures. Anywhere from 400-800k. Take home message is similar for cardiology as it is to other IM subspecialties - you can make a lot of money in the middle of nowhere or take a large pay cut for academics and/or a desirable location. Usually either a 7 on 7 off type of deal. Academic hem/onc you’ll make less than a hospitalist (200ish), private sky is the limit. UCLA is notorious for not paying their physicians. 200k is base for non-academic inpatient hospitalists and nocturnists. This subreddit is a place where high income professionals of all types can ask, answer, discuss, and debate the personal finance and investing questions specific to our unique situations without being criticized, ostracized, or downvoted simply for having a high income and "first world" problems. Hospitalist life is tough and more power to you if you can do it for a career but it was soul sucking. Maybe they all spend their time working and posting on SDN. 7x12 = 84 hours a week x 26 working weeks a year = 2,184 hours a year. I did hospitalist for a year and GI is way ahead better. The more rural you go the higher the salary and bonusrs. Plain old salaries I've seen as low as a flat $160-180k w/o RVU bonuses in some new england academic places (not worth your time unless you legit want to be a researcher or need a J1 visa), and I've seen as high as $340k in Texas, $350-400k+ in Iowa private practice, $300k (including for J1 visas) in Missouri in a large community hospital and Whether being a hospitalist is "terrible" is mostly about attitude and perception than it is about the work. You can live like a king in Spain with 50K/year, so if you save 500K here in the US you can live around 10 years in Europe without working. I look forward to going to work daily, 2 days of scope and 3 days of clinic. GI fellowship is difficult to match. Tax is high but so is the salary. they also have lower job security, but for what its worth pediatricians r happy people. Was offered 350K at Cedars Sinai down the street. I interviewed at several academic hospitalist programs and the only one offering less that 150 was the VA (and that wasn't a 100% hospitalist job anyways). You'd have to absolutely want to be in a certain part of the country to get paid market value but also see 30 pts a day and actually be in the hospital 84 hrs (rationally 90+ at I made 500k last year. Average census of 14 patients a day. I am same age and only 500K net worth and i am in 5th year of my being hospitalist. Keep in mind this is all pretax so a 10k bonus is more like 5-7k depending where you live A lot of these golden handcuff places are 7y stay and they forgive in chunks so if you stay x amount you get to keep y but pay back z Jul 17, 2021 · You work full-time locum tenens: The key is to work enough to make it worthwhile for an agency/hospital to cover as much of your expenses as possible (i. Back to why EPs make more per hour. For shifts, rural is where it’s at - urgent care, ER, hospitalist locum work. "Our chief just graduated IM, his offers included base $500k, sign-on was $90k and a Bugatti, they count his RVUs as double, and his loans will be personally forgiven by Joe Byron. Worked 65 extra shifts. Current schedule won't be sustainable for long term. Hospitalist is structured differently than most physician jobs in that it favors young physicians. GIM can routinely bill $500k+ but this doesn’t take into account differences in currency conversion, taxes, overhead, etc. $350k/2,184 hours a year = $160 per hour compensation as a hospitalist. EM pgy1 who considered IM for a hot sec and did my required AI on an IM hospitalist service. Wondering what internal medicine jobs straight out of residency are looking like with regards to pay and work expectations. I think with Hospitalist the key is to eventually get into admin or director positions to start making solid changes. Are the hospitalists sharing their W2s with you? 350K is what I'd expect for a hospitalist in the South where nobody wants to Like the other commenter who mentioned peds, general internal medicine is very much considered a consultant specialty in Canada. Cost of living similar to big cities in Texas. After that, pure outpatient GI without night or hospital coverage is a 35-40hr work week to make 300-500k a year. I pickup some low census hospital shifts to beef it up to a little over 500k. Topics include multiple sclerosis, seizures/epilepsy, stroke, peripheral neurology, anatomy of the brain and nerves, parkinson's disease, huntington's disease, syncope, medical treatments, ALS, carpal tunnel syndrome, vertigo, migraines, cluster headaches, and more. You can do primary care. Hospitalist gigs are barely paying $300k here which isn’t something I’m happy with nor proud of. EM will always see a wider variety of patients (OB/gyn, Peds, trauma in its many forms, and I feel so depressed and demotivated. We were able to buy a house that was 0. I am currently working 10-12 hours on site and doing 18-20 shifts a month. Well you'll notice on reddit, the highest salaries are always reported by the people who aren't earning those salaries. Private practice primary care here, clearing close to $500k this year because of billing things like this. Edit: your math can definitely be off - you are assuming a locum hospitalist gets paid the same as contracted. Would always offer to see extra patients and do admits on high census days when the admitting docs or rounding docs were getting slammed. Without you guys, the hospital can't do the lucrative stuff that actually drives profits. After taxes, I was maybe clearing like 3,000 or 3,500$ in a month. Work as hospitalist week on week off and pump out papers if you must. Reply reply I've seen as low as 150k for outpatient FM and internists. Go an hour north or west to NJ and salaries go up by 50k. I'll see a few years where hospitalists will be able to see 30-40 patients inpatient - suddenly general IM track will become hyper competitive. Dec 11, 2022 · I should be able to make ~500k/yr working 18 days/month. We see more people, we do more procures, and we can Bill more critical care time. so in comparison to a regular job sure its alot of money, but not when u factor being half a mil in the hole with loans and not working for years. 10-14 shifts a month for hospitalists). Yes, you learn how to talk to families, but when you become a Hospitalist you hone that skill even more. Feb 18, 2021 · How do you make top money as a hospitalist? I'm covering all possible options including part-time, full-time, per diem, and locum tenens. Groups just need to make them aware. Some people don't, and thats okay too. Trying to hit around 400-500k in the year. Go to PA or North NY state and you'll easily see 300. I’ve been looking around for hospitalist jobs but most pay like 150/h or 250k a year Can anybody link or direct me to a place anywhere in the country where a hospitalist still makes around 350k base to end up with 500k if working very hard? The sky has been falling on reddit for 15 years now, midlevels are gaining independence ground but it didn't do crap with the transition to value based care and their lack of training, optoms, CRNAsetc have been about to destroy Gas and ophtho for 40 years yet we're still here, our SKILLS AS DOCTORS ARE AND ALWAYS WILL BE NEEDED AND VALUABLE Seems absolutely impossible unless they're paying $500k/yr. I was curious how feasible it is to hit that $500k threshold as a hospitalist? Whether that is working during your week off or finding a round and go gig where you could do a med spa or round at a nursing home. I can pick up more shifts/see as many pts as I want. See if there is a path for you to become the leader of the hospitalist group who works directly with c-suite non-medical executives Network with the other MBA's/MHA's at recruiting events. Yes, you can get into the $400-500K range as a hospitalist if you’re prepared to work nights and/or do extra shifts and/or work in a rural location, but doing 20 night shifts per month in an undesirable location is not something that most people would be able to sustain for more than about 2-5 years. Addiction med is probably the fellowship least talked about when it comes to FM since everyone thinks anesthesia. I had a client purchase a practice that had made $350-500k to the owner every year since the late 90s. My clinic runs from Tuesday to Friday and nets me about 350k a year. its also a weird specialty in that pediatric specialists often make less than regular Look on nejm career center, practice link, Merritt Hawkins for offers for shitty jobs. If your mortgage is 35k/month, car is 2,500/month , you buy luxury items almost every week and still paying student loans . Any recommendations for day hospitalist spots. Where we both had a bad experience in residency at one hospital, and then nothing but positive experiences after grad since - I’m a locum so I have rotated through like a dozen different workplaces and everywhere I’ve just had positive feedback and The private hospitalists at my shop are making $400k between base salary and RVUs, working 7 on/off, 16 cap with midlevels doing all the grunt work. I’ve seen at least 2 other clinics that are in the $250-400k per year to the owner. Base salary out of residency for IM hospitalist is $210-290k then there are bonuses of 15-50k. Then yes for sure it’ll never be enough. Personal experience is that all IM hospitalists I know are making 300-340k on average for 7 on 7 off (6 months a year), and I tend to use that as a baseline marker for the job market when looking at other specialties. That's why these posts about "Can I make 500K" feel like there's a lack of perspective. uflvj kge sgo rvesdp nbmfiw wbzb uje eszzeh brmiq debqfiksq