Salary Question/Concern

[deleted690619]

Again it depends on region to region. 150k is considered "low ball" here in New Jersey. As a Nurse Practitioner i make well above that, lol. Podiatrists (post residency) are starting in the low 200s, then again you have to consider the cost of living in said state you are planning to practice in. If you want a high salary potential, id recommend practicing near a regional urban center, per se , large cities -- where there will be plenty of opportunities to go into wound care, higher surgical cases and to collaborate in primary care.

Between your $200K nurse practitioner salary, 1 post history, and FNP-BC, Ph.D, M.S.N, M.A. resume it's hard to tell if you're trolling or not but I will give you the benefit of the doubt. Why are you switching from NP to DPM, or any physician specialty for that matter, if you have such a successful (lucrative) career? Do you mind explaining your rationale/motives behind that?

I'll also add for future forum readers (no longer replying to the OP) that I have multiple classmates who's parents are DPMs and have obviously decided to go through with this 7-year pipeline to become the same type of physician/surgeon. All of their DPM parents make $230K+

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[Packers4lifeDPM]

An ENT phyician I worked for said that his pay is 40% less than it was 6 years ago and he is making the hospital more money than ever.

 

[NP 2 DPM]

Between your $200K nurse practitioner salary, 1 post history, and FNP-BC, Ph.D, M.S.N, M.A. resume it's hard to tell if you're trolling or not but I will give you the benefit of the doubt. Why are you switching from NP to DPM, or any physician specialty for that matter, if you have such a successful (lucrative) career? Do you mind explaining your rationale/motives behind that?

Ive been a lurker in this site for quite a long time. I've always had a passion to go into podiatry for quite a while, but decided to go into Nursing due to the time. My experience in ER, ICU, then led to me to further my options as I was not satisfied as an acute care registered nurse, hence i went to graduate school to become a Family Nurse Practitioner. Completed my Ph.D in Health Administration as this opened doors for me as a practitioner. Still the drive to go to podiatry remained.

Financials does not determine professional satisfaction or for that matter, self actualization, Nanocure. Had that been the case then I would have gone into the DNP programs in my area (Temple, Rutgers).

Regards.

 

[NP 2 DPM]

An ENT phyician I worked for said that his pay is 40% less than it was 6 years ago and he is making the hospital more money than ever.

Thats the case for most specialties, the billing system has changed since 2010. The saying in Primary Care is "numbers, numbers, numbers, baby". Its common for practitioners now a days to do their typical 3 12hour shifts at the hospital and to pick up a 2nd job either as a part time wound care specialist (diabetic) or moonlight the skilled nursing facilities.

 

[Packers4lifeDPM]

Thats the case for most specialties, the billing system has changed since 2010. The saying in Primary Care is "numbers, numbers, numbers, baby". Its common for practitioners now a days to do their typical 3 12hour shifts at the hospital and to pick up a 2nd job either as a part time wound care specialist (diabetic) or moonlight the skilled nursing facilities.

Ya that physician also owns a large allergy drop immunotherapy company so he has that helping too but the hospital he works for is more like a corporation now and has bee trying to get his partners to break off and be there own business but one won't. It's sad the direction of some hospitals. The best part is that the CEO for a non-for-profit hospital is making 18 million a year but every year they have been cutting pay to physicians. The hospital lost their entire cardiology physicians and 40 other physician due to bs changes.

 

[DexterMorganSK]

Ive been a lurker in this site for quite a long time. I've always had a passion to go into podiatry for quite a while, but decided to go into Nursing due to the time. My experience in ER, ICU, then led to me to further my options as I was not satisfied as an acute care registered nurse, hence i went to graduate school to become a Family Nurse Practitioner. Completed my Ph.D in Health Administration as this opened doors for me as a practitioner. Still the drive to go to podiatry remained.

Financials does not determine professional satisfaction or for that matter, self actualization, Nanocure. Had that been the case then I would have gone into the DNP programs in my area (Temple, Rutgers).

Regards.

Why not go the MD/DO route after all those degrees of yours. Why Podiatry?

 

[deleted690619]

Thanks for the insight. As I've mentioned previously, I myself chose to become a DPM during my senior year of high school. Since you are a NP and may also become a DPM, it will be interesting to see how your scope of practice works out. I look forward to your contributions to the forums.

 

[NP 2 DPM]

Why not go the MD/DO route after all those degrees of yours. Why Podiatry?

Why would i ? I am already an NP, and have been practicing as a provider for nearing 5 years. Foot and Ankle Surgery / Diabetic Specialty is what i yearn for. Doing the allopathic / osteopathic route would require one to go into an orthopaedic surgical residency , then fellowship into foot and ankle surgery. Skip that and go straight into the Podiatry program.

As for practicing medicine? I can prescribe and treat already as an NP.

 

[Packers4lifeDPM]

Why not go the MD/DO route after all those degrees of yours. Why Podiatry?

I got accepted to D.O. school and turned them down to go podiatry this year. I found out about podiatry this past summer from a friend at des Moines program and since then have loved everything about it. One big factor for me was the surgical residency. The merger with the MD/DO residency right now is just too political and I don't want to miss out on doing surgery which I have known I wanted to do since the 8th grade. Also the life style is way better in my opinion. Like many others have said, if you pick podiatry because you couldn't get into MD/DO school, you may have regrets.

 

[GypsyHummus]

You can be a surgeon with a DO degree.

I got accepted to D.O. school and turned them down to go podiatry this year. I found out about podiatry this past summer from a friend at des Moines program and since then have loved everything about it. One big factor for me was the surgical residency. The merger with the MD/DO residency right now is just too political and I don't want to miss out on doing surgery which I have known I wanted to do since the 8th grade. Also the life style is way better in my opinion. Like many others have said, if you pick podiatry because you couldn't get into MD/DO school, you may have regrets.

 

[NP 2 DPM]

I got accepted to D.O. school and turned them down to go podiatry this year. I found out about podiatry this past summer from a friend at des Moines program and since then have loved everything about it. One big factor for me was the surgical residency. The merger with the MD/DO residency right now is just too political and I don't want to miss out on doing surgery which I have known I wanted to do since the 8th grade. Also the life style is way better in my opinion. Like many others have said, if you pick podiatry because you couldn't get into MD/DO school, you may have regrets.

I could not agree more with you, @Packers4lifeDPM . And this is coming from one who originally wanted to go to the podiatry route back in undergrad, lol.

As a 31 year old , all i can say is this --- we live only once, so don't live with regrets. Seize the opportunity if it comes at you. Or as my one friend said to me, "if one doors closes, build another door!"



PS. good to see another podiatry enthusiast in here.

 

[DexterMorganSK]

I got accepted to D.O. school and turned them down to go podiatry this year. I found out about podiatry this past summer from a friend at des Moines program and since then have loved everything about it. One big factor for me was the surgical residency. The merger with the MD/DO residency right now is just too political and I don't want to miss out on doing surgery which I have known I wanted to do since the 8th grade. Also the life style is way better in my opinion. Like many others have said, if you pick podiatry because you couldn't get into MD/DO school, you may have regrets.

I "picked" podiatry after being accepted into SMPs with direct admissions into DO programs and two acceptances for PharmD programs. So, I get why Podiatry is better than the others if we have a genuine interest in this field.

I asked that question above because the above poster is just not a BSN or just an NP going for the Pod route, they also have a Ph.D.

 

[NP 2 DPM]

I got accepted to D.O. school and turned them down to go podiatry this year. I found out about podiatry this past summer from a friend at des Moines program and since then have loved everything about it. One big factor for me was the surgical residency. The merger with the MD/DO residency right now is just too political and I don't want to miss out on doing surgery which I have known I wanted to do since the 8th grade. Also the life style is way better in my opinion. Like many others have said, if you pick podiatry because you couldn't get into MD/DO school, you may have regrets.

Are you planning to practice in Des Moines area? I'm not trying to discourage you , but just saying that there is a demand for podiatric specialists in the east coast, particularly in the greater Philly region -- south jersey, delaware, eastern pa , maryland. Too many old retiring docs and not enough greenhorns, lol.

 

[Packers4lifeDPM]

You can be a surgeon with a DO degree.

Yes but the merger caused many DO residency to disappear and to get into an orthopedic surgical residency with the merger will be even harder now. A lot of M.D. residency programs are bias towards DO students and with the merger there is too many political bs going on. And since I heard and learned about podiatry I have loved all the other things they do with care. I personal have had an major ankle injury due to sports and other foot and ankle problems so I can relate to a lot of people with similar problems which I believe goes a long way with patient care. So now not only do I get to do surgeries to help people, but I ha e many other facets of care I can use to improve my future patients health and wellness.

 

[NP 2 DPM]

I "picked" podiatry after being accepted into SMPs with direct admissions into DO programs and two acceptances for PharmD programs. So, I get why Podiatry is better than the others if we have a genuine interest in this field.

Interesting, good to see other folks from eclectic backgrounds.

So you were originally Pre-Pharm ? Sorry, its offtopic.

 

[Packers4lifeDPM]

Are you planning to practice in Des Moines area? I'm not trying to discourage you , but just saying that there is a demand for podiatric specialists in the east coast, particularly in the greater Philly region -- south jersey, delaware, eastern pa , maryland. Too many old retiring docs and not enough greenhorns, lol.

I'll be attending AZpod. I'm not sure exactly where my life will take me with my future practice but as of now I'd like to practice in the Midwest since I'm from Wisconsin and I'm very close with my family whom all live in Wisconsin. But who knows where life will take me. My moto is to take life one day at a time and everything will happen for a reason lol

 

[Packers4lifeDPM]

I "picked" podiatry after being accepted into SMPs with direct admissions into DO programs and two acceptances for PharmD programs. So, I get why Podiatry is better than the others if we have a genuine interest in this field.

I asked that question above because the above poster is just not a BSN or just an NP going for the Pod route, they also have a Ph.D.

Personally I found out you can ask all the questions for advice on here you want and get answers but when it comes down to it, only you know what the best is for you. The OP has to know what he wants with his life and if he wants money, life style, type of medicine he wants to do, etc. to be the deciding factor. Each person's reason is different and that's okay.

 

[NP 2 DPM]

Personally I found out you can ask all the questions for advice on here you want and get answers but when it comes down to it, only you know what the best is for you. The OP has to know what he wants with his life and if he wants money, life style, type of medicine he wants to do, etc. to be the deciding factor. Each person's reason is different and that's okay.

In the end, i find that money and financial success is not everything. Given, it is important and one tends to grow accustomed to certain lifestyle habits and tastes, lol. However, one shouldn't be too concerned on lack of numbers or statistics. Podiatry is in itself a specialty within medicine, so of course numbers from salary sites may not paint an accurate picture juxtaposed to the regional dialectic in regards to cost of living and work opportunities. A podiatrist working in let's say rural Alabama or Georgia will have less opportunities than say a practicing podiatrist who sees plenty of surgical cases an working / living in say the northeastern states, specifically NJ/NY/EasternPA.

Money is not everything, but if it is so critical for some folks -- remember this word, "Overtime", or "2nd Job".

 

[DexterMorganSK]

Interesting, good to see other folks from eclectic backgrounds.

So you were originally Pre-Pharm ? Sorry, its offtopic.

No, I always had an interest in Podiatry. The others were a "backup" plan in case I bomb the MCAT. Good luck at Temple!

 

[Weirdy]

I was looking for hard data, not anecdotes. I've gotten enough anecdotes, and I didn't need additional ones from you.

Again, I'm not trolling. The podiatry track is one I've been very seriously considering, but the financial aspect largely remains a mystery to me.

I apologize if my anecdotes were not what you are looking for.

However, you seem to be a bit green when it comes to job experience/negotiating salaries.

Salary information may be quantified in the MGMA for hospital places to put a ballpark number on you.
However, it is ultimately up to you and the knowledge you have gathered from those in this profession that will get you the salary you deem fair.

 

[NP 2 DPM]

No, I always had an interest in Podiatry. The others were a "backup" plan in case I bomb the MCAT. Good luck at Temple!

A solid answer, Dexter. Thank you and good luck to you as well. See you around here.

 

[NP 2 DPM]

I'll be attending AZpod. I'm not sure exactly where my life will take me with my future practice but as of now I'd like to practice in the Midwest since I'm from Wisconsin and I'm very close with my family whom all live in Wisconsin. But who knows where life will take me. My moto is to take life one day at a time and everything will happen for a reason lol

You're going to find plenty of opportunity in the midwest. There are plenty of opportunities in Chicagoland , as well. Good luck this year @Packers4lifeDPM !

Carpe Diem !

 

[AnkleGuy]

Thats the case for most specialties, the billing system has changed since 2010. The saying in Primary Care is "numbers, numbers, numbers, baby". Its common for practitioners now a days to do their typical 3 12hour shifts at the hospital and to pick up a 2nd job either as a part time wound care specialist (diabetic) or moonlight the skilled nursing facilities.

NP 2 DPM that makes so much sense. Almost every pod I shadowed worked a second job somewhere else. That's really interesting. That also explains why the salary numbers are calculated the way they are. I wish this was brought more to light when people are considering podiatry.

 

[NP 2 DPM]

NP 2 DPM that makes so much sense. Almost every pod I shadowed worked a second job somewhere else. That's really interesting. That also explains why the salary numbers are calculated the way they are. I wish this was brought more to light when people are considering podiatry.

You're welcome. Let me share with you personal experience as a clinician. Statistics for FNPs who are practicing in New Jersey will start at $120k to a high $150k. AGAIN this is dependent on experience and years of work in the acute care setting, or outpatient setting.

A Nurse Practitioner can work his / her 3 12hour shifts (total of 72 hours per pay period/ every 2 weeks) -- and salaried at say $135,000. That same practitioner can pick up two part time jobs at an urgent care facility or nursing home. With these two jobs on the side , a practitioner can make an additional 100k extra , easy.

While it is true that Nurse Practitioners are "making" $120-150k a year with one job, if one has a 2nd or 3rd job, theres no reason why said practitioner(s) cant bring home bacon of $250-280k. Is it unheard of? Of course not. Its common.

I have colleagues who i worked with in the ICU when I was an Surgical ICU nurse (back in my mid 20s) who are now CRNAs. In NJ, they salary CRNAs at $190,000- $200k + . Mind you that's one job. They can easily get a 2nd job and make $400k+ if they want to.

Certified Nurse Anesthetist Salaries in New Jersey and by education, experience, Location and more - Salary.com

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Same issue for Podiatrists. Job 1 : $190k; Job 2: $150k = $300+K, easy.




The caveat is this: If you want IT -- you can MAKE IT. Just enjoy the ride.

 

[bobtheweazel]

I think my post and old OP's post got merged. Who are you talking to

I was talking about Sculptura

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[NP 2 DPM]

To the OP and others interested in the potential in wound care medicine :

The Role of Podiatry in Wound Management

Podiatrists are assets in this paradigm of medicine -- wound care and debridement. Probably in my experience, podiatrists are exceptional wound care clinicians and the level of intricacy / detail in ulcer care is amazing. So many opportunities now in emerging wound care centers.

 

[Packers4lifeDPM]

You're going to find plenty of opportunity in the midwest. There are plenty of opportunities in Chicagoland , as well. Good luck this year @Packers4lifeDPM !

Carpe Diem !

Good luck to you too!!

 

[AnkleGuy]

Why do I see that the average salary podiatrists are around $119k a year, but when I search for ANY specific location in the US the average salaries are usually around $160-190k a year?

Average salary of podiatrists (non-specific google search): $119k

Average salary of podiatrists in Kentucky: $181k
Average salary of podiatrists in Colorado: $196k
Average salary of podiatrists in North Carolina: $190k

Are podiatry students really worrying about their potential salaries, or is it realistic to barely make over $100k a year as a fully licensed podiatrist who had a three year residency (3+ years after practicing medicine)? I feel like I'm missing something or reported salaries online are incorrect.

 

[bobtheweazel]

Why do I see that the average salary podiatrists are around $119k a year, but when I search for ANY specific location in the US the average salaries are usually around $160-190k a year?

Average salary of podiatrists (non-specific google search): $119k

Average salary of podiatrists in Kentucky: $181k
Average salary of podiatrists in Colorado: $196k
Average salary of podiatrists in North Carolina: $190k

Are podiatry students really worrying about their potential salaries, or is it realistic to barely make over $100k a year as a fully licensed podiatrist who had a three year residency (3+ years after practicing medicine)? I feel like I'm missing something or reported salaries online are incorrect.

I would look at actual salary surveys, which are generally more in line with your higher numbers, rather than online job listings or random online salary estimates.

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[AnkleGuy]

I would look at actual salary surveys, which are generally more in line with your higher numbers, rather than online job listings or random online salary estimates.

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Yeah I suppose. It's just interesting that there's the reputation that podiatry carries in terms of what they're compensated for. Unless what they meant was that pods aren't paid $400k as common as orthopedic surgeons.