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Things I like about IM
-This is a big one: feeling like a real doctor. Everything on my med school personal statement applies to IM.
-I like interacting with nurses and feeling like part of a team
Things I dislike about IM:
-I enjoy seeing patients but not for 8-10 hours nonstop, as I am kind of introverted. Working in an outpatient office where I'm expected to see 20-25 patients per day sounds miserable.
-I hate rounding and get very nervous giving patient presentations.
-I'm not a great teacher. Sometimes I can have trouble articulating my own thoughts and I feel like this is not a great thing for explaining diseases to patients. Although I'm sure this is something that can improve with practice.
-The constant interruptions and being able to know about so many patients at one time is very draining and stressful to me. Even as a med student carrying 3-4 patients I find it overwhelming to be fielding multiple phone calls and conversations at once where you're expected to know everything about your patient. I'm not a multitasker. I like to do one thing with minimal interruptions and then move onto the next. Yes, you get interrupted in rads too but I don't find it as stressful for some reason.
Things I like about rads:
-Also diversity of pathology, the idea of having to know OB, Peds, Surg, and IM is awesome to me
-I enjoy learning about radiology, I find it easier to study radiology than internal medicine, and I'm interested in it. I like physics.
-I like the idea of being a "doctors doctor" or a consultant for doctors. I don't NEED patient interaction if there was significant interaction with colleagues. I just wish it was more than a 30 second phone call a few times per day.
-I think the future of medicine is in radiology. Radiologists are making more and more of the diagnoses and I'm excited to see what the technology will look like in the future
-The days are not as draining. I feel less fulfilled after a day of rads than a day of IM, but I also have way more energy. I can come home to my girlfriend excited to see her and talk about our days, exercise, etc. When I get home after a day in IM all I want to do is sit in front of netflix with some food. I'm nasty to my girlfriend and I generally hate how I act but I just have no social energy left after talking to people all day long.
Thing I dislike about rads:
-By going into rads I feel like I'm throwing away this idea I had of myself as a clinician. I feel like I would miss feeling like a "real doctor"
-I sometimes feel lonely sitting in the reading room all day watching the attendings read. I find myself hoping that the clinicians will come in and interrupt so that we can talk about a patient. This rarely happens in my hospital (outside of peds radio). A phone call just doesn't do it for me in terms of interaction with colleagues
-Job market isn't great although it has been improving. I live in a major coastal metropolis and would really like to stay here as my family and girlfriend are here.
Rads:Getting near application season and I have narrowed my specialty choices to IM or radiology. I recently decided to focus my energies on radiology because I felt like I needed to make a decision already, but I am having serious feelings of unease as the summer progresses. I find that I have this constant feeling that I am making a mistake, but then when I open up the forums, do some research, etc., I end up reassured that radiology is the right specialty for me. The feeling of contentment only lasts a few hours or days before it comes back though.
Things I like about IM
-3 year residency, I could see myself stopping at that point to work as a hospitalist. I could also see myself in a subspecialty but I don't have anything specifically in mind
-Great job market
-Ability to tailor my career how I want. Who knows what I will want to do in 10 years, I'll be a completely different person by then. I feel like IM gives me so much flexibility.
-Diversity of pathology
-This is a big one: feeling like a real doctor. Everything on my med school personal statement applies to IM.
-I like interacting with nurses and feeling like part of a team
Things I dislike about IM:
-I enjoy seeing patients but not for 8-10 hours nonstop, as I am kind of introverted. Working in an outpatient office where I'm expected to see 20-25 patients per day sounds miserable.
-I hate rounding and get very nervous giving patient presentations.
-I'm not a great teacher. Sometimes I can have trouble articulating my own thoughts and I feel like this is not a great thing for explaining diseases to patients. Although I'm sure this is something that can improve with practice.
-The constant interruptions and being able to know about so many patients at one time is very draining and stressful to me. Even as a med student carrying 3-4 patients I find it overwhelming to be fielding multiple phone calls and conversations at once where you're expected to know everything about your patient. I'm not a multitasker. I like to do one thing with minimal interruptions and then move onto the next. Yes, you get interrupted in rads too but I don't find it as stressful for some reason.
Things I like about rads:
-Also diversity of pathology, the idea of having to know OB, Peds, Surg, and IM is awesome to me
-I enjoy learning about radiology, I find it easier to study radiology than internal medicine, and I'm interested in it. I like physics.
-I like the idea of being a "doctors doctor" or a consultant for doctors. I don't NEED patient interaction if there was significant interaction with colleagues. I just wish it was more than a 30 second phone call a few times per day.
-I think the future of medicine is in radiology. Radiologists are making more and more of the diagnoses and I'm excited to see what the technology will look like in the future
-The days are not as draining. I feel less fulfilled after a day of rads than a day of IM, but I also have way more energy. I can come home to my girlfriend excited to see her and talk about our days, exercise, etc. When I get home after a day in IM all I want to do is sit in front of netflix with some food. I'm nasty to my girlfriend and I generally hate how I act but I just have no social energy left after talking to people all day long.
Thing I dislike about rads:
-By going into rads I feel like I'm throwing away this idea I had of myself as a clinician. I feel like I would miss feeling like a "real doctor"
-I sometimes feel lonely sitting in the reading room all day watching the attendings read. I find myself hoping that the clinicians will come in and interrupt so that we can talk about a patient. This rarely happens in my hospital (outside of peds radio). A phone call just doesn't do it for me in terms of interaction with colleagues
-Job market isn't great although it has been improving. I live in a major coastal metropolis and would really like to stay here as my family and girlfriend are here.
What should I do? My 4th year schedule is already filled up with radiology. Do I continue on this path? Finish my prelim year and reevaluate at that point?
I am having pretty much the same issue but with pediatrics vs radiology. A lot of the things you said resonate with me, especially the part about the idea of being a"real doctor." Here are some other things I am struggling with that may or may not be relevant to you:
- I want to be a mom one day and be able to spend time with my kids. I know pediatrics is supposed to be family-friendly, but I rarely hear pediatric attendings talk about their own children and have NEVER seen a pregnant pediatric resident. On the contrary, the radiology attendings I've worked with always talk about coaching their children's soccer teams, taking their kids camping, etc and a lot of the residents are either pregnant or already have kids. I LOVE children, but I don't want to feel like taking care of other people's kids takes away from my ability to take care of my own kids. And maybe having my own children will be more than enough to satisfy my need to be around kids.
- I feel selfish and guilty about considering choosing radiology instead of peds. I have this idea stuck in my head that taking care of sick kids is a noble, humble role. Which is stupid because I don't think of radiologists as selfish people at all; I think I just tend to idealize and heroicize (if that's a word) pediatricians.
- In radiology, your patients will never know your name and will never think of you as their doctor. This one bothers me a lot.
- If there is an emergency on a plane (or wherever), no one is gonna say "oh thank god, we have a radiologist here"
I was completely taken off-guard by how much I like radiology. I always knew I was visually oriented but I didn't realize that I (apparently, according to my attendings) have exceptional spatial perception. I didn't expect to find it so intellectually engaging, and have enjoyed this rotation more than other medical students who actually want to go into radiology. I actually only took this elective to have a "break" after completing a grueling but rewarding acting internship in peds last month. And now I'm extremely confused, and only have a couple weeks left to make a decision.
I think my scores and grades are okay (>240 step 1, 50/50 honors/high pass on clerkships), but at this point all of my letters are based on pediatrics, and 2/3 are written by pediatricians. I have one publication (second author) that happens to be about imaging techniques in a pediatric population, but no other meaningful research.
Any advice would be greatly appreciated!
Radiology, then pediatric fellowship? Radiology can have a great lifestyle so you can spend more time with your kids. You can even do teleradiology from home and still earn a great salary. Also, it's nice to have a clear separation between home and work.I am having pretty much the same issue but with pediatrics vs radiology. A lot of the things you said resonate with me, especially the part about the idea of being a"real doctor." Here are some other things I am struggling with that may or may not be relevant to you:
- I want to be a mom one day and be able to spend time with my kids. I know pediatrics is supposed to be family-friendly, but I rarely hear pediatric attendings talk about their own children and have NEVER seen a pregnant pediatric resident. On the contrary, the radiology attendings I've worked with always talk about coaching their children's soccer teams, taking their kids camping, etc and a lot of the residents are either pregnant or already have kids. I LOVE children, but I don't want to feel like taking care of other people's kids takes away from my ability to take care of my own kids. And maybe having my own children will be more than enough to satisfy my need to be around kids.
- I feel selfish and guilty about considering choosing radiology instead of peds. I have this idea stuck in my head that taking care of sick kids is a noble, humble role. Which is stupid because I don't think of radiologists as selfish people at all; I think I just tend to idealize and heroicize (if that's a word) pediatricians.
- In radiology, your patients will never know your name and will never think of you as their doctor. This one bothers me a lot.
- If there is an emergency on a plane (or wherever), no one is gonna say "oh thank god, we have a radiologist here"
I was completely taken off-guard by how much I like radiology. I always knew I was visually oriented but I didn't realize that I (apparently, according to my attendings) have exceptional spatial perception. I didn't expect to find it so intellectually engaging, and have enjoyed this rotation more than other medical students who actually want to go into radiology. I actually only took this elective to have a "break" after completing a grueling but rewarding acting internship in peds last month. And now I'm extremely confused, and only have a couple weeks left to make a decision.
I think my scores and grades are okay (>240 step 1, 50/50 honors/high pass on clerkships), but at this point all of my letters are based on pediatrics, and 2/3 are written by pediatricians. I have one publication (second author) that happens to be about imaging techniques in a pediatric population, but no other meaningful research.
Any advice would be greatly appreciated!
Radiologists also do procedures, so it's not like it's reads all day every day. That gets you some interaction with other people.Getting near application season and I have narrowed my specialty choices to IM or radiology. I recently decided to focus my energies on radiology because I felt like I needed to make a decision already, but I am having serious feelings of unease as the summer progresses. I find that I have this constant feeling that I am making a mistake, but then when I open up the forums, do some research, etc., I end up reassured that radiology is the right specialty for me. The feeling of contentment only lasts a few hours or days before it comes back though.
Things I like about IM
-3 year residency, I could see myself stopping at that point to work as a hospitalist. I could also see myself in a subspecialty but I don't have anything specifically in mind
-Great job market
-Ability to tailor my career how I want. Who knows what I will want to do in 10 years, I'll be a completely different person by then. I feel like IM gives me so much flexibility.
-Diversity of pathology
-This is a big one: feeling like a real doctor. Everything on my med school personal statement applies to IM.
-I like interacting with nurses and feeling like part of a team
Things I dislike about IM:
-I enjoy seeing patients but not for 8-10 hours nonstop, as I am kind of introverted. Working in an outpatient office where I'm expected to see 20-25 patients per day sounds miserable.
-I hate rounding and get very nervous giving patient presentations.
-I'm not a great teacher. Sometimes I can have trouble articulating my own thoughts and I feel like this is not a great thing for explaining diseases to patients. Although I'm sure this is something that can improve with practice.
-The constant interruptions and being able to know about so many patients at one time is very draining and stressful to me. Even as a med student carrying 3-4 patients I find it overwhelming to be fielding multiple phone calls and conversations at once where you're expected to know everything about your patient. I'm not a multitasker. I like to do one thing with minimal interruptions and then move onto the next. Yes, you get interrupted in rads too but I don't find it as stressful for some reason.
Things I like about rads:
-Also diversity of pathology, the idea of having to know OB, Peds, Surg, and IM is awesome to me
-I enjoy learning about radiology, I find it easier to study radiology than internal medicine, and I'm interested in it. I like physics.
-I like the idea of being a "doctors doctor" or a consultant for doctors. I don't NEED patient interaction if there was significant interaction with colleagues. I just wish it was more than a 30 second phone call a few times per day.
-I think the future of medicine is in radiology. Radiologists are making more and more of the diagnoses and I'm excited to see what the technology will look like in the future
-The days are not as draining. I feel less fulfilled after a day of rads than a day of IM, but I also have way more energy. I can come home to my girlfriend excited to see her and talk about our days, exercise, etc. When I get home after a day in IM all I want to do is sit in front of netflix with some food. I'm nasty to my girlfriend and I generally hate how I act but I just have no social energy left after talking to people all day long.
Thing I dislike about rads:
-By going into rads I feel like I'm throwing away this idea I had of myself as a clinician. I feel like I would miss feeling like a "real doctor"
-I sometimes feel lonely sitting in the reading room all day watching the attendings read. I find myself hoping that the clinicians will come in and interrupt so that we can talk about a patient. This rarely happens in my hospital (outside of peds radio). A phone call just doesn't do it for me in terms of interaction with colleagues
-Job market isn't great although it has been improving. I live in a major coastal metropolis and would really like to stay here as my family and girlfriend are here.
What should I do? My 4th year schedule is already filled up with radiology. Do I continue on this path? Finish my prelim year and reevaluate at that point?
He didn't mention his big 3 total. Until I see that I'd hold off.Ortho
He didn't mention his big 3 total. Until I see that I'd hold off.
Millennials want to be employees to be fleeced. It's sad, but we had a business lecture for the residents and medical students, and when he asked who had any interest in business I was one of only two people to raise my hand. Doctors don't view the business of medicine as a business, unfortunately, which leaves them open for exploitation.and then there is this:
- Great job market
-Ability to tailor my career how I want.
I think all recent USA MD graduates (last 10 years?) should file a class action law suit against their medical schools, LCME and AAMC for failing to educate them about the current state of medical business practices. These new physicians are like sheep standing in line readying themselves for the sheering....butt naked.
The "great job market" is indeed great for Third Party Payers, licking their chops as they see freshly minted MDs signing contracts for reimbursement schedules, hospital admins "hiring" physicians and CEOs of medical groups laughing all the way to the bank. As for physicians "ability to tailor" their own career.....I just shake my head and think, "poor sheep".
While Goro goes on and on about Caribbean medical schools preying on desperate wannabe medical students, where is the outcry of medical schools failing to educate students about the real practice of medicine in America?
I wonder how many of them actually have an interest, but weren't willing to say so for fear of the judgment of their peers. Or how many physicians, residents, and medical students actually had an interest in business but basically conditioned themselves out of it through years of feigned altruism.So true lol. It's taboo to even say the word money, how the hell do you expect them to express interest in business?
I am having pretty much the same issue but with pediatrics vs radiology. A lot of the things you said resonate with me, especially the part about the idea of being a"real doctor." Here are some other things I am struggling with that may or may not be relevant to you:
- I want to be a mom one day and be able to spend time with my kids. I know pediatrics is supposed to be family-friendly, but I rarely hear pediatric attendings talk about their own children and have NEVER seen a pregnant pediatric resident. On the contrary, the radiology attendings I've worked with always talk about coaching their children's soccer teams, taking their kids camping, etc and a lot of the residents are either pregnant or already have kids. I LOVE children, but I don't want to feel like taking care of other people's kids takes away from my ability to take care of my own kids. And maybe having my own children will be more than enough to satisfy my need to be around kids.
- I feel selfish and guilty about considering choosing radiology instead of peds. I have this idea stuck in my head that taking care of sick kids is a noble, humble role. Which is stupid because I don't think of radiologists as selfish people at all; I think I just tend to idealize and heroicize (if that's a word) pediatricians.
- In radiology, your patients will never know your name and will never think of you as their doctor. This one bothers me a lot.
- If there is an emergency on a plane (or wherever), no one is gonna say "oh thank god, we have a radiologist here"
I was completely taken off-guard by how much I like radiology. I always knew I was visually oriented but I didn't realize that I (apparently, according to my attendings) have exceptional spatial perception. I didn't expect to find it so intellectually engaging, and have enjoyed this rotation more than other medical students who actually want to go into radiology. I actually only took this elective to have a "break" after completing a grueling but rewarding acting internship in peds last month. And now I'm extremely confused, and only have a couple weeks left to make a decision.
I think my scores and grades are okay (>240 step 1, 50/50 honors/high pass on clerkships), but at this point all of my letters are based on pediatrics, and 2/3 are written by pediatricians. I have one publication (second author) that happens to be about imaging techniques in a pediatric population, but no other meaningful research.
Any advice would be greatly appreciated!
Or they're like me, and have never liked business, finance, or administration. It's definitely possible to like making money and not like business.I wonder how many of them actually have an interest, but weren't willing to say so for fear of the judgment of their peers. Or how many physicians, residents, and medical students actually had an interest in business but basically conditioned themselves out of it through years of feigned altruism.
You can't earn real money without an interest in those things.Or they're like me, and have never liked business, finance, or administration. It's definitely possible to like making money and not like business.
To stay on topic: OP, have you considered IR? It sounds like it might be worth checking out for you.
The definition of "real money" is super relative, I guess. Anything 6 figures is real money to me, but I also come from a very rural area.You can't earn real money without an interest in those things.
Agree about IR, but is OP competitive for it?
I grew up poor and rural as well, but I've become quite good with finance over my many years prior to medical school. The difference between owning your own practice and investing versus just being an employee that goes into the eployer retirement plan can be literally 200%+++, depending on how good you are at business and finance. If you want to do well for yourself, you could be an employee. If you want to build an empire that could support your family in perpetuity, well, that's something that requires some business knowledge or solid investments.The definition of "real money" is super relative, I guess. Anything 6 figures is real money to me, but I also come from a very rural area.
You would probably be better equipped to answer that than me, I'm just a lowly M1
Not the case at my institution, it seemed like almost every peds resident was planning on having kids, was pregnant, or had kids already. They even count the resident's care of their child as a newborn rotation... They are second only to OBYGN in terms of number of residents pregnant at one time!I am having pretty much the same issue but with pediatrics vs radiology. A lot of the things you said resonate with me, especially the part about the idea of being a"real doctor." Here are some other things I am struggling with that may or may not be relevant to you:
- I want to be a mom one day and be able to spend time with my kids. I know pediatrics is supposed to be family-friendly, but I rarely hear pediatric attendings talk about their own children and have NEVER seen a pregnant pediatric resident. On the contrary, the radiology attendings I've worked with always talk about coaching their children's soccer teams, taking their kids camping, etc and a lot of the residents are either pregnant or already have kids. I LOVE children, but I don't want to feel like taking care of other people's kids takes away from my ability to take care of my own kids. And maybe having my own children will be more than enough to satisfy my need to be around kids.
Doctors don't view the business of medicine as a business, unfortunately, which leaves them open for exploitation.
What is the climate these days for Rads interested in building their own practice and contracting with hospitals? I was under the impression that many PPs are being bought out by larger groups/hospitals. I can imagine it being difficult as a Radiologist to either start a new PP from scratch, particularly in an urban setting.
Not really possible unless you have over 5 millions of capital to start, at which point investing those money into a new practice is a good way to lose them.
PACS isn't only just a couple of computers.How the hell do you need 5 million to open a rads practice? Don't you just need a couple of computers and some hospital to feed you referrals?
I wonder how many of them actually have an interest, but weren't willing to say so for fear of the judgment of their peers. Or how many physicians, residents, and medical students actually had an interest in business but basically conditioned themselves out of it through years of feigned altruism.
I dunno, I've spoken with many a resident and fourth year that dropped the act after some careful questioning and admitted they'd just been lying to themselves on some level about why, exactly, they choose to enter medicine in the first place.I doubt they were conditioned out, rather I believe they were weeded out from the get go by academic doctors. As soon as you start any sort of talk involving money with them they go on altruistic rant about how its wrong to deny patients who cannot pay. It can be a touchy topic, but the reality is if you don't have "enough "patients who can pay, you can't keep a sustainable practice.
I dunno, I've spoken with many a resident and fourth year that dropped the act after some careful questioning and admitted they'd just been lying to themselves on some level about why, exactly, they choose to enter medicine in the first place.
I am having pretty much the same issue but with pediatrics vs radiology. A lot of the things you said resonate with me, especially the part about the idea of being a"real doctor." Here are some other things I am struggling with that may or may not be relevant to you:
- I want to be a mom one day and be able to spend time with my kids. I know pediatrics is supposed to be family-friendly, but I rarely hear pediatric attendings talk about their own children and have NEVER seen a pregnant pediatric resident. On the contrary, the radiology attendings I've worked with always talk about coaching their children's soccer teams, taking their kids camping, etc and a lot of the residents are either pregnant or already have kids. I LOVE children, but I don't want to feel like taking care of other people's kids takes away from my ability to take care of my own kids. And maybe having my own children will be more than enough to satisfy my need to be around kids.
- I feel selfish and guilty about considering choosing radiology instead of peds. I have this idea stuck in my head that taking care of sick kids is a noble, humble role. Which is stupid because I don't think of radiologists as selfish people at all; I think I just tend to idealize and heroicize (if that's a word) pediatricians.
- In radiology, your patients will never know your name and will never think of you as their doctor. This one bothers me a lot.
- If there is an emergency on a plane (or wherever), no one is gonna say "oh thank god, we have a radiologist here"
I was completely taken off-guard by how much I like radiology. I always knew I was visually oriented but I didn't realize that I (apparently, according to my attendings) have exceptional spatial perception. I didn't expect to find it so intellectually engaging, and have enjoyed this rotation more than other medical students who actually want to go into radiology. I actually only took this elective to have a "break" after completing a grueling but rewarding acting internship in peds last month. And now I'm extremely confused, and only have a couple weeks left to make a decision.
I think my scores and grades are okay (>240 step 1, 50/50 honors/high pass on clerkships), but at this point all of my letters are based on pediatrics, and 2/3 are written by pediatricians. I have one publication (second author) that happens to be about imaging techniques in a pediatric population, but no other meaningful research.
Any advice would be greatly appreciated!
Getting near application season and I have narrowed my specialty choices to IM or radiology. I recently decided to focus my energies on radiology because I felt like I needed to make a decision already, but I am having serious feelings of unease as the summer progresses. I find that I have this constant feeling that I am making a mistake, but then when I open up the forums, do some research, etc., I end up reassured that radiology is the right specialty for me. The feeling of contentment only lasts a few hours or days before it comes back though.
Things I like about IM
-3 year residency, I could see myself stopping at that point to work as a hospitalist. I could also see myself in a subspecialty but I don't have anything specifically in mind
-Great job market
-Ability to tailor my career how I want. Who knows what I will want to do in 10 years, I'll be a completely different person by then. I feel like IM gives me so much flexibility.
-Diversity of pathology
-This is a big one: feeling like a real doctor. Everything on my med school personal statement applies to IM.
-I like interacting with nurses and feeling like part of a team
Things I dislike about IM:
-I enjoy seeing patients but not for 8-10 hours nonstop, as I am kind of introverted. Working in an outpatient office where I'm expected to see 20-25 patients per day sounds miserable.
-I hate rounding and get very nervous giving patient presentations.
-I'm not a great teacher. Sometimes I can have trouble articulating my own thoughts and I feel like this is not a great thing for explaining diseases to patients. Although I'm sure this is something that can improve with practice.
-The constant interruptions and being able to know about so many patients at one time is very draining and stressful to me. Even as a med student carrying 3-4 patients I find it overwhelming to be fielding multiple phone calls and conversations at once where you're expected to know everything about your patient. I'm not a multitasker. I like to do one thing with minimal interruptions and then move onto the next. Yes, you get interrupted in rads too but I don't find it as stressful for some reason.
Things I like about rads:
-Also diversity of pathology, the idea of having to know OB, Peds, Surg, and IM is awesome to me
-I enjoy learning about radiology, I find it easier to study radiology than internal medicine, and I'm interested in it. I like physics.
-I like the idea of being a "doctors doctor" or a consultant for doctors. I don't NEED patient interaction if there was significant interaction with colleagues. I just wish it was more than a 30 second phone call a few times per day.
-I think the future of medicine is in radiology. Radiologists are making more and more of the diagnoses and I'm excited to see what the technology will look like in the future
-The days are not as draining. I feel less fulfilled after a day of rads than a day of IM, but I also have way more energy. I can come home to my girlfriend excited to see her and talk about our days, exercise, etc. When I get home after a day in IM all I want to do is sit in front of netflix with some food. I'm nasty to my girlfriend and I generally hate how I act but I just have no social energy left after talking to people all day long.
Thing I dislike about rads:
-By going into rads I feel like I'm throwing away this idea I had of myself as a clinician. I feel like I would miss feeling like a "real doctor"
-I sometimes feel lonely sitting in the reading room all day watching the attendings read. I find myself hoping that the clinicians will come in and interrupt so that we can talk about a patient. This rarely happens in my hospital (outside of peds radio). A phone call just doesn't do it for me in terms of interaction with colleagues
-Job market isn't great although it has been improving. I live in a major coastal metropolis and would really like to stay here as my family and girlfriend are here.
What should I do? My 4th year schedule is already filled up with radiology. Do I continue on this path? Finish my prelim year and reevaluate at that point?
I dunno, I've spoken with many a resident and fourth year that dropped the act after some careful questioning and admitted they'd just been lying to themselves on some level about why, exactly, they choose to enter medicine in the first place.
I think it'll be a self-resolving issue as the hospitalist market saturates. Hospitalist postings have gone down for the first time in years at most recruiters due to inpatient saturation, which will ultimately drive hospitalist wages down and internists into the outpatient setting (where wages will likely also go down, unfortunately, due to heavy competition).Back in the 1990s /2000s, when employees drove the market, employers were in the back seat of job negotiations. Since the economic crash of 2008, the employers have run the work place setting.
A recent Letter to the Editor in the American College of Physicians Internist publication (excerpt follows below my text) was authored by a PD of an IM Program in Kentucky. He couldn't have been more blunt as to the desperation PDs in IM programs feel in recruiting IM Resident with an interest in the outpatient IM setting. If this sentiment is accurate, then there are many more business opportunities available to IM Residents if they knew how to play their cards. Medical students and Residents need to jump on the business learning curve pronto. As we say in business, "negotiate your salary/benefits on your way going in".
In 2014 and 2015, program administrators surveyed residents about one to five years post-residency and found that many reported being underprepared to understand the business of medicine, quality metrics, and incentive-based care.
Source: Prepping IM residents for primary care, American College of Physicians, May 2017
Specialization in medical education
A letter to the editor addresses the primary care shortage in medical education.
I am now the program director of the internal medicine residency program at Lake Cumberland Regional Hospital in rural Kentucky. I practiced as an “old school” general inpatient/outpatient internist for nearly 30 years before beginning my current position. One of the most challenging things about my current job is finding general internists to teach and proctor the 130 continuity clinic sessions required by the Accreditation Council for Graduate Medical Education (ACGME).
All of us currently filling this role are aging rapidly, and trying to find anyone at all graduating from an internal medicine training program who is interested in the outpatient arena is difficult at best. I am sure these graduates exist, but they are certainly few and far between. The clear reality currently is that the combination of demand for hospitalists nationwide and the associated current pay scale for the same, along with the frequent time off while working this schedule, are colliding with professional school debt owed by most graduates to form the perfect storm against the practice of outpatient general internal medicine.
This is particularly true in rural areas, where more and more complex primary care is being delivered by nurse practitioners, many of whom are proctored by physicians in name only. If ACGME and ACP are serious about making the management of complex outpatient medical issues the continued purview of the internist, and not the family physician or physician extender, then they must recognize the reality of these market forces.
I'm happy being an employee just so that I do not have to think about the business end of things. I simply don't care, don't want to learn about it, and don't want to have to think about it. If that means I make a few hundred k less than my max, I'm actually OK with that...there's a reason people can make business into an entire education and career all of its own, and that reason is that it's a lot of work. I'd rather spend my energies elsewhere; my kids will be better off without a trust fund anyway.I grew up poor and rural as well, but I've become quite good with finance over my many years prior to medical school. The difference between owning your own practice and investing versus just being an employee that goes into the eployer retirement plan can be literally 200%+++, depending on how good you are at business and finance. If you want to do well for yourself, you could be an employee. If you want to build an empire that could support your family in perpetuity, well, that's something that requires some business knowledge or solid investments.
OP, have you considered integrated IR, or is it too procedural?
...which will ultimately drive hospitalist wages down and internists into the outpatient setting (where wages will likely also go down, unfortunately, due to heavy competition).
I'm happy being an employee just so that I do not have to think about the business end of things. I simply don't care, don't want to learn about it, and don't want to have to think about it. If that means I make a few hundred k less than my max, I'm actually OK with that...there's a reason people can make business into an entire education and career all of its own, and that reason is that it's a lot of work. I'd rather spend my energies elsewhere; my kids will be better off without a trust fund anyway.
I saw your comment on the coastal city thing for rads. It's very hard to find jobs in some of those very desirable cities if you don't go to an upper tier residency. This was major for me because I absolutely didn't think rads was worth it if I had to end up in like western NY, but if you have great stats etc this aspect won't be an issue for you.
I know I can, and if the sh¡t hits the fan and I need to, I will. But I don't want to, and right now I don't have to, so I feel no need to.You might be too young to remember the famous quote from the film Apocalypse Now by Lt Kilgore (Robert DeNiro): "I love the small of napalm in the morning".
That scene applies to the job market for IM Residents considering these IM Programs are desperate to have newly minted IM doctors in the outpatient setting.
Arming yourself with business knowledge will position you that much more strongly AND you stand a better chance of running the program on your terms. Thus you will be the physician you dreamt of being and dictating your work environment, mission statement and influencing patients and the practice of medicine as you see fit. This is more than possible and at a very young age. this is potentially better than Wall Street.
If you can do medical school, you can learn business and excel at both.
They will be in control now, but I was putting toward ten years from now.Not so. As I stated earlier, "negotiate your salary/benefits on your way in". In other words, if they are desperate at the Letter to the Editor articulated, they will not be in the driver's seat when it comes to salary negotiations. An IM Resident armed with a savvy employment attorney can write a sweet business contract where the IM Resident can effectively take over the Program. When you smell the scent of blood as a recent graduate from a Residency Program, that is your chance to strike for gold. Don't even hesitate. Your job description will get it out of you.
I think it'll be a self-resolving issue as the hospitalist market saturates. Hospitalist postings have gone down for the first time in years at most recruiters due to inpatient saturation, which will ultimately drive hospitalist wages down and internists into the outpatient setting (where wages will likely also go down, unfortunately, due to heavy competition).
You might be too young to remember the famous quote from the film Apocalypse Now by Lt Kilgore (Robert DeNiro): "I love the small of napalm in the morning".
That scene applies to the job market for IM Residents considering these IM Programs are desperate to have newly minted IM doctors in the outpatient setting.
Arming yourself with business knowledge will position you that much more strongly AND you stand a better chance of running the program on your terms. Thus you will be the physician you dreamt of being and dictating your work environment, mission statement and influencing patients and the practice of medicine as you see fit. This is more than possible and at a very young age. this is potentially better than Wall Street.
If you can do medical school, you can learn business and excel at both.
30-80k, depending on the area.What is the difference in compensation between outpatient & inpatient (hospitalist) internists?
Hard to say. Being in business school rn one of the most interesting things for me is that when you read case reports about companies who succeeded/failed in various ventures, two organizations can do the exact same thing, follow the exact same protocol, but one will fail and the other succeed.
And when various entities go back and look at the situations surrounding either organization, they try to extrapolate reasons why various components of their organization or project succeeded, but largely everyone shakes their heads, reads the book the successful company's CEO will undoubtably write, and tries their damnest to forget the loser CEO who was was in the wrong place at the wrong time.
Business is often a quagmire, without a scientific process for discovery and regimentation/accumulation of knowledge. I think you can succeed in both, as I hope to when I graduate, but at the same time it is a very different from medicine/science in general, and I would not say that every physician/scientist can stomach the kinds of logical leaps and lack of codified rationale behind many common practices that "just work" in business.
You're correct about all the people profiting off of our labor, but the job market for most MDs is still quite good even accounting for that. This is especially true for things like IM and FM.and then there is this:
- Great job market
-Ability to tailor my career how I want.
I think all recent USA MD graduates (last 10 years?) should file a class action law suit against their medical schools, LCME and AAMC for failing to educate them about the current state of medical business practices. These new physicians are like sheep standing in line readying themselves for the sheering....butt naked.
The "great job market" is indeed great for Third Party Payers, licking their chops as they see freshly minted MDs signing contracts for reimbursement schedules, hospital admins "hiring" physicians and CEOs of medical groups laughing all the way to the bank. As for physicians "ability to tailor" their own career.....I just shake my head and think, "poor sheep".
While Goro goes on and on about Caribbean medical schools preying on desperate wannabe medical students, where is the outcry of medical schools failing to educate students about the real practice of medicine in America?
Hard to say. Being in business school rn one of the most interesting things for me is that when you read case reports about companies who succeeded/failed in various ventures, two organizations can do the exact same thing, follow the exact same protocol, but one will fail and the other succeed.
And when various entities go back and look at the situations surrounding either organization, they try to extrapolate reasons why various components of their organization or project succeeded, but largely everyone shakes their heads, reads the book the successful company's CEO will undoubtably write, and tries their damnest to forget the loser CEO who was was in the wrong place at the wrong time.
Business is often a quagmire, without a scientific process for discovery and regimentation/accumulation of knowledge. I think you can succeed in both, as I hope to when I graduate, but at the same time it is a very different from medicine/science in general, and I would not say that every physician/scientist can stomach the kinds of logical leaps and lack of codified rationale behind many common practices that "just work" in business.
I am having pretty much the same issue but with pediatrics vs radiology. A lot of the things you said resonate with me, especially the part about the idea of being a"real doctor." Here are some other things I am struggling with that may or may not be relevant to you:
- I want to be a mom one day and be able to spend time with my kids. I know pediatrics is supposed to be family-friendly, but I rarely hear pediatric attendings talk about their own children and have NEVER seen a pregnant pediatric resident. On the contrary, the radiology attendings I've worked with always talk about coaching their children's soccer teams, taking their kids camping, etc and a lot of the residents are either pregnant or already have kids. I LOVE children, but I don't want to feel like taking care of other people's kids takes away from my ability to take care of my own kids. And maybe having my own children will be more than enough to satisfy my need to be around kids.
- I feel selfish and guilty about considering choosing radiology instead of peds. I have this idea stuck in my head that taking care of sick kids is a noble, humble role. Which is stupid because I don't think of radiologists as selfish people at all; I think I just tend to idealize and heroicize (if that's a word) pediatricians.
- In radiology, your patients will never know your name and will never think of you as their doctor. This one bothers me a lot.
- If there is an emergency on a plane (or wherever), no one is gonna say "oh thank god, we have a radiologist here"
I was completely taken off-guard by how much I like radiology. I always knew I was visually oriented but I didn't realize that I (apparently, according to my attendings) have exceptional spatial perception. I didn't expect to find it so intellectually engaging, and have enjoyed this rotation more than other medical students who actually want to go into radiology. I actually only took this elective to have a "break" after completing a grueling but rewarding acting internship in peds last month. And now I'm extremely confused, and only have a couple weeks left to make a decision.
I think my scores and grades are okay (>240 step 1, 50/50 honors/high pass on clerkships), but at this point all of my letters are based on pediatrics, and 2/3 are written by pediatricians. I have one publication (second author) that happens to be about imaging techniques in a pediatric population, but no other meaningful research.
Any advice would be greatly appreciated!