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For my dad, a psychiatrist, running a private practice netted him around $400,000 yearly.
by gaogao 8y ago
For my dad, a psychiatrist, running a private practice netted him around $400,000 yearly.
- ataturk 8y agoNet? Or Gross?
- jerf 8y agoPsychiatry scales "poorly", being "merely" linear in input. I scare quote those words because they're only poor by software standards. That's why software companies make the big bucks; they're just about the only businesses around that can reliably scale superlinearly in inputs. People who can help you scale superlinearly in inputs are pretty darned valuable.
- lordnacho 8y agoDon't doctors in the US have massive malpractice insurance to pay? I heard it was 6 figures. Got family who are docs there.
- dragonwriter 8y ago> Don't doctors in the US have massive malpractice insurance to pay? Depends a lot on specialty, but apparently within some specialties there's almost a 10× range of annual costs. > I heard it was 6 figures. For the highest cost specialty (OB/GYN), near or into the six figures range is right by the first source I find, and surgery specialities seem potentially to be in that range. Others much lower, down as low as four figures. https://www.capson.com/medical-malpractice-insurance-by-specialty/ https://www.capson.com/medical-malpractice-insurance-by-spec...