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Reply to "Is the US health system collapsing? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Average annual salary of a US pediatrician is $183,000. At 50hrs/wk with 2wk/yr vacation, that's about $73 an hour. Average debt from training is $264,000, but of course it accrues interest until paid off. For family doctors, it's an average salary of $220,000, of about $88/hr, with an average of $192,000 school debt. I don't think they are going to Europe multiple times a year. You probably want to aim that arrow, PP. https://www.forbes.com/sites/andrewdepietro/2020/02/27/pediatrician-salary-state/ https://www.aap.org/en/career-resources/planning-your-career/managing-medical-student-debt/[/quote] I don’t think it’s accurate. DC has a friend group where almost all kids are doctors’ kids and they are all millionaires.[/quote] Doctor here. If your kids’ friends’ parents are millionaire doctors then they sure as heck don’t work for Johns Hopkins. I earn 450K (20+ years of experience, division director at an academic hospital, very high cost of living city, subspecialty that is moderately well paid), and Hopkins contacted me asking me to consider a division director position at their main hospital for 215K. Almost certainly the reason that these people appear to be millionaires is family money. Lots of family money in medicine. It’s expensive just applying to med school. And yes, the medical system in the US is crashing and burning. My colleagues and I work 60 hours a week; it is exhausting. So many people are retiring because they can’t take it. Last night several people in my group and an attending from another hospital were all shooting emails to each other about a new patient from 10-midnight because the person on call was already swamped and the fellows can’t take call anymore (work hours regulations). We just work all the time. I think we do it because is very very rewarding - we literally save people’s lives, the patients are complex and interesting, and my colleagues are brilliant and funny, so it can be really fun to work - it’s almost addicting to get the opportunity put your brain into hyperdrive daily! But the administrative burden is crushing, we haven’t had a raise since 2019, and I saw - this is not a joke - 47% more patients per year in 2023 than in 2019. And hospital leadership took away my admin, so now I get to do things like fix the (shared) printer, fax documents, and order office supplies. It not a great way to live when you are in your 50s, and it enrages your family when you work on vacation, on weekends, and immediately start up your computer the minute you get home from work at 9:30 PM. And we make an order of magnitude less than the tech guys in our city who work 30 hours a week from home. [/quote]
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