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Reply to "Do you think doctors are rich people?"
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[quote=Anonymous][quote=Anonymous]I'm an attorney who has seen a lot of physician contracts. The more elite specialties - interventional cardiology, for e.g. - are over a million. So are many surgeons - e.g. ortho and eye - though income depends on the number of procedures and whether they are salaried for a hospital system or have an ownership interest in an ambulatory surgical center. I've seen surgeons who own their own ASCs make upwards of $7m. In addition, many docs supplement their income with training, teaching, speaking etc. activities for drug and device companies. And surgeons can get involved in product development for device companies and get royalty streams. Bottom line is that doctors can still do very, very well if they are entrepreneurial. [/quote] I 2nd this. A lot of young docs now do combined MD/MBA programs to also learn how to run a business. [/quote]
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