Fiscal goals

One surprising thing about medicine is the wide distribution of income among physicians. This is especially true in the fields of cardiology, ophthalmology, and orthopedics. The difference between a high-paying job and a medium-paying job is about $200,000 each year. If you multiply this over the course of a 30 year career and factor in compound interest, the numbers can add up to millions of dollars.

The best data for physician income may be the MGMA numbers, but many physicians tend to underestimate the spread.

Click here to see actual figures for your specialty from the MGMA.

Those who attempt to find the right job on their own must remember that the odds are stacked against them. Undesirable jobs recycle at a much faster rate than good ones. Half of new physicians do not remain at their first job, aand this initial mistake can cost them a few hundred thousand dollars, not to mention aggravation and unneeded stress. With the second attempt at finding the right job, the stakes are raised considerably. If the second job doesn’t work out, the third job- good, bad, or ugly- can be a life sentence. Employers will be unwilling to hire a physician they cannot trust to stay longer than a few years.

Anyone who is knowledgeable about the wide spread of medical incomes will tell you that ability has little correlation to income. There are mediocre physicians with tremendous practices, and great physicians with mediocre practices.

The other doctors you are competing with are talented in their field, but they are inexperienced in the business of medicine. Our services will give you an edge over the competition.