3 ms·
A lot of doctors in specialties are pulling in pretty decent money, but it's probably not as much as you're thinking. I say that as someone working with medical
by fencepost 7y ago
A lot of doctors in specialties are pulling in pretty decent money, but it's probably not as much as you're thinking. I say that as someone working with medical practices and physicians on a regular basis. Internal medicine, general practice and family docs are generally making less.
There are also a lot of things going on with consolidation and big medical groups, driven in part by pharmaceutical costs. As an example, we used to have several oncology practices as clients. We're not working with any of those anymore because they have all been bought out by hospitals or health systems. From talking with the doctors at the most recent one this was not because they got a big payday out of it but was instead because looking forward a few years they were not going to be able to afford to stock chemotherapy drugs. They sold out because they could see the time when the business was no longer sustainable as an independent practice.
I'm sure the doctors didn't come out of this hurting, but this was not a startup unicorn style exit.