Key takeaways: The mean annual wage for veterinarians was $109,920 as of May 2021, according to the U.S. Bureau of Labor Statistics. District of Columbia is the highest paid state or district in the U.S. for veterinarians with a mean annual salary of $137,170. Veterinary ophthalmology is the highest paying veterinary specialty, with a mean …
Key takeaways: Private practice employment and ownership is declining. Owning and working for a private medical practice can allow a physician to have greater autonomy, can be more lucrative, and allows the owner to develop non-medical skills. Private practices are important to healthcare, allowing patients and providers to have more options. Most physicians are employed …
The Changing Landscape of Medicine: Trends and Key Benefits of Private Practices Read More »
What is the Average Medical School Debt? Key takeaways: The average medical student graduates with $241,600 in total student loan debt. Between 76% and 89% of medical students graduate with debt. Private colleges are generally more expensive than public institutions. It is no secret that medical school is expensive. Most physicians enter the workforce burdened …
Is There a Looming Physician Shortage? Key takeaways: Demand for physician services is expected to grow due to a growing and aging population. Supply of physicians is expected to decrease because of an aging workforce and insufficient new physicians. There will likely be a physician shortage, but the magnitude of it will vary based on …
Owner vs. Associate: What to Know When Considering Dental Practice Ownership Key takeaways: Private practice dentistry owners often receive higher pay and more benefits than associates. Dental practice ownership has decreased in the last 15 years. Dental practice ownership can be incredibly fulfilling, personally and financially. Dental practice ownership can be incredibly fulfilling and beneficial …
Owner vs. Associate: What to Know When Considering Dental Practice Ownership Read More »
Three Ways Dentist Salary and Benefits are Different at Corporate and Private Practices Key takeaways: Private practice dentists earn more over time. Private practice dentists are more likely to be paid a salary. Corporate dentists are more likely to receive retirement and health insurance benefits. Preparing for a career in dentistry means more than just …
Corporate vs. Private Practice: Three Differences in Dentist Salary and Benefits Read More »
Four Insurance Tips Every Doctor Should Know The past couple of years have left many of us with anxiety, fear and doubt. These trying times have helped many realize the importance of being prepared for unforeseen circumstances. Insurance is one of the most concrete ways to help yourself and your family be ready, no matter …
Which Medical Specializations Have the Best Return on Investment? As med students continue through their training, they will need to choose a specialty before applying for residencies. It’s a huge decision for a number of reasons. Not only does your specialty dictate the types of patients you’ll treat in the future, it also has a …
Which Medical Specializations Have the Best ROI? Read More »
Infographic incorporates the following articles: AAMC – Imposter Syndrome WSJ – Why So Many Millenials Fall Prey to Imposter Syndrome Int J Med Educ – Impostor Syndrome and Burnout Among American Medical Students: a Pilot Study J PA Educ – The Imposter Phenomenon in Physician
Congratulations! You made it through medical school and have completed your residency. Now what? As you take the first step toward planning your career as a physician, there are many considerations you need to make as you embark on your journey. Investigate Different Practice Options First, explore all your options as a new physician. Consider …
