Doctor VS Nurse Salaries

[@joes7028]

All those years and hard work someone's got to go though to become a Doctor just to have the government tax almost half your income 😢

[@thepuredrop79]

Invest, invest, invest! I wish I had! You never know what life will bring you and I had to stop work to care for my disabled mum and sister

[@DoctorRich]

Thanks for your comment perhaps we should do a video on investing strategies

[@lashaesworld777]

That doctor's salary is definitely either family or internal medicine. My grandfather is a Cardiologist-Cardiac Electrophysiology and makes over 770K. Before he had his own practice and made over 3m in one year. My grandmother was a nurse and retired because my grandfather did not want her to work. The video makes it seem like nurse get paid more and that is false.

[@sincityguns3460]

The salary for the physician is the very lowest possible income scenario for a physician. Totally depends on their specialty, surgical vs non-surgical, private practice vs employed, etc. Also doesn’t factor in if the physician makes partner, ancillary revenue streams associated with a medical practice, etc. I have been in the medical industry for 20 years and I do not know one physician who is only making 350k. Most surgical specialties are starting out at 500k - 800k. I love the positive message for RN’s but it is not accurate at all.

[@janelane-q6c]

from my experience youre talking out of your hole. on average most physicians make 250k annually even in high col areas like california starting. and most make 300-350k for clinic positions. obviously specialties like anesthesiology and surgeons amongst other specialties like derm will make in the 500-800k. but no way its starting lol, you said "i have been in the medical industry for 20yrs" lmao you clearly exaggerate and dont know anything. of course every specialty has outliers but on average that number you said 500-800k is inflated. RNs on average make 80k and 100k or so, california has many outliers making 200-300k or so, but thats not the average. using your opinion gives innacurate information so stop talking out of your hole thanks.

[@sincityguns3460]

@@janelane-q6c I clearly said “most surgical specialties” when referring to 500-800k. I also pointed out that private practice vs employed make a difference as do ancillaries. Like you said, clinic based positions make considerably less. I know tons of surgeons and they are all making well over 500k. I have direct knowledge of just one ancillary service that pays all the surgeon partners 150k per year just for that one revenue stream. I also know several open positions for surgical specialists paying 500k to start, before making partner. So again, that 500-800k is very accurate for surgical specialties (ortho, urology, neurology, etc)

[@DoctorRich]

Assumptions are made in any financial model. Those baseline assumptions and speculative return estimate can skew the results significantly one way or another. Of course this is just one example used to emphasize the power of compounding. Clearly different specialities and geographical regions and resulting assumptions would yield different results.

[@sincityguns3460]

@@DoctorRich Yes sir! Love the overall message!

[@colleenkochman9656]

As medical professions succumb to industrialization due to takeover by insurance companies, previous independent practices which allowed for setting one's own fee schedules disappeared. Physicians now work FOR a business instead For themselves. Also, respectfully, lifestyle choices play into end results of financial security. This model seems stereotypical of male doctors and spinster females.

[@DoctorRich]

Definitely agree that this is just one example and there are millions of different models. Also We intend to publish a follow-up video on the importance of investing and financial security. Great suggestion! It is interesting that the video only mentions doctor and nurse and uses they/them pronouns. Yet some viewers impose their own gender bias on the gender roles of the doctor and nurse 🤔.

[@colleenkochman9656]

@@DoctorRich my opinion is it is easier for industry to use "on/off" concepts to create impersonal models of employees as equipment in a Goldblatt inspired work flowsheet as they improve "efficiency" by mechanizing work concepts as if one can actually administer oral meds to a geriatric confused pt. or a terrified child much less for a host of other reasons. Patients are not boxes to be filled or product to apply widgets to, it often takes more time to do the job right (hence increase of check the box charting instead of Actually doing the task). Quality of care has diminished significantly and it is not reflected in computerized charting.(pardon the digression)

[@DoctorRich]

@@colleenkochman9656 we couldn't agree more