Guest guest Posted December 23, 2008 Report Share Posted December 23, 2008 Hi Andew.Welcome1 Your first problem is that you get up way too early:)2 Northern NJ I think is hard from what I hear Glad you are thinking about t hat it will help prevent crashing later3 You have good insight and seem to analyze things well that is a big strength Could you do a hybrid plan- start your own practice near the nursing home so the NH gives you work- and some patietns when they leave the skilled unit if there is one to fill your practice-- and start a practice that will have flexible hrs essentially being part time for several yrs . iMP principles would allow you th e flexibility you need and the nice thing about nh is the flexibility of scheduling they offer- those patients don't go no where so you could see patietns in the office more or less as is needed and the nh fits in around that That you have financial security is greatSince you have been working recently ther e would be some patietns who would follow you to start the practice and you could expect a 3-5 yr time til maturity Just keep a way low overhead Run off a laptop-you take it to the nH with you ,and one room, and minimal " Stuff " in the office.My two cents SignedI am not magnetic either...in MAIne 1 degree this am we got 2 feet of snow on sunday. Hello all, sorry if this post is slightly off-topic in that IMP is just one career option I am considering. I've been in internal medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc group, last 2.5 in a smaller 3 doc group). I just left the last group after the older doc wanted a ridiculous amount of money to buy him out. I've looked around for other practice opportunities but in the last few months I've only found 2 others which primarily consist of inpatient/nursing home work without much outpatient/office. I like the outpatient work for the continuity of relationships, but don't like nursing home work as much for the amount of phone calls it generates. So I feel like I am at a crossroads now. Should I try to wait it out until an opportunity that has more outpatient work comes along? This would entail then some period of unemployment which I can handle financially but might look bad to future employers(?) Or should I take one of the present positions with the thinking that it would just be temporary for the next 1-2 years until the economy improves and/or we get some health care reform after which I might start my own practice. The idea of starting my own practice is attractive for the independence aspect, avoiding the feeling that you are on a hamster wheel trying to keep as productive as everyone else in the group (particularly in groups where revenue is divided evenly). Also, I don't mind the business aspect even though I'm sure there would be a lot to learn. On the other hand, starting my own practice would be risky in that I live in Northern NJ which might be considered a dead zone that is saturated with PMD's already. (I currently don't have the option to move due to my wife's job.) In addition, I've come to realize that I don't exactly have the magnetic personality that draws patients in droves (in addition to the disadvantage of being male). The low overhead model of practice would be attractive in that I might not necessarily need to see 20 or more patients a day to make a living. So...I'm not sure what to do at this point. If anyone has any thoughts, suggestions or words of advice it would be greatly appreciated. - -- If you are a patient please allow up to 24 hours for a reply by email/please note the new email address.Remember that e-mail may not be entirely secure/ MD ph fax Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 23, 2008 Report Share Posted December 23, 2008 First of all, I think is very magnetic (of course magnets also repel things) Living here in the great Northeast-land of underpaid family physicians and overpaid specialists-my advice is to sponge off your wife as long as possible-it's worked for me. Working in this environment is very overrated. Seriously-I work part time simply because I can and that also in this environment I refuse to devote full time in a basically dysfunctional system. (I believe this is doing my part to bring on the inevitable catastrophe that will hopefully occur very soon in the medical system as it has in the financial system) I work for a hospital system but have enough years in the system that I can basically write my own ticket and while I do not do a very low volume practice I do not do a high volume practice either. If I were you, I would look at something part time that tries to combine some clinical and some monetary satisfaction for you. So basically-as the saying went in medical school " play when you can, work when you have to..Don't F*** with the pancreas " Just my four cents (inflation) > > > Hello all, sorry if this post is slightly off-topic in that IMP is > > just one career option I am considering. I've been in internal > > medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc > > group, last 2.5 in a smaller 3 doc group). I just left the last group > > after the older doc wanted a ridiculous amount of money to buy him > > out. I've looked around for other practice opportunities but in the > > last few months I've only found 2 others which primarily consist of > > inpatient/nursing home work without much outpatient/office. I like > > the outpatient work for the continuity of relationships, but don't > > like nursing home work as much for the amount of phone calls it generates. > > > > So I feel like I am at a crossroads now. Should I try to wait it out > > until an opportunity that has more outpatient work comes along? This > > would entail then some period of unemployment which I can handle > > financially but might look bad to future employers(?) Or should I > > take one of the present positions with the thinking that it would just > > be temporary for the next 1-2 years until the economy improves and/or > > we get some health care reform after which I might start my own > > practice. The idea of starting my own practice is attractive for the > > independence aspect, avoiding the feeling that you are on a hamster > > wheel trying to keep as productive as everyone else in the group > > (particularly in groups where revenue is divided evenly). Also, I > > don't mind the business aspect even though I'm sure there would be a > > lot to learn. On the other hand, starting my own practice would be > > risky in that I live in Northern NJ which might be considered a dead > > zone that is saturated with PMD's already. (I currently don't have > > the option to move due to my wife's job.) In addition, I've come to > > realize that I don't exactly have the magnetic personality that draws > > patients in droves (in addition to the disadvantage of being male). > > The low overhead model of practice would be attractive in that I might > > not necessarily need to see 20 or more patients a day to make a living. > > > > So...I'm not sure what to do at this point. If anyone has any > > thoughts, suggestions or words of advice it would be greatly appreciated. > > > > - > > > > > > > > > > -- > If you are a patient please allow up to 24 hours for a reply by email/ > please note the new email address. > Remember that e-mail may not be entirely secure/ > MD > > > ph fax > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 23, 2008 Report Share Posted December 23, 2008 Damn I went med school 1 mile from Spikol and I learned it as eat when you can , sleep when you can ,and don't F with the Pancreas.Consistency is sooo hard to get in medicine....Love Jean First of all, I think is very magnetic (of course magnets also repel things) Living here in the great Northeast-land of underpaid family physicians and overpaid specialists-my advice is to sponge off your wife as long as possible-it's worked for me. Working in this environment is very overrated. Seriously-I work part time simply because I can and that also in this environment I refuse to devote full time in a basically dysfunctional system. (I believe this is doing my part to bring on the inevitable catastrophe that will hopefully occur very soon in the medical system as it has in the financial system) I work for a hospital system but have enough years in the system that I can basically write my own ticket and while I do not do a very low volume practice I do not do a high volume practice either. If I were you, I would look at something part time that tries to combine some clinical and some monetary satisfaction for you. So basically-as the saying went in medical school " play when you can, work when you have to..Don't F*** with the pancreas " Just my four cents (inflation) > > > Hello all, sorry if this post is slightly off-topic in that IMP is > > just one career option I am considering. I've been in internal > > medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc > > group, last 2.5 in a smaller 3 doc group). I just left the last group > > after the older doc wanted a ridiculous amount of money to buy him > > out. I've looked around for other practice opportunities but in the > > last few months I've only found 2 others which primarily consist of > > inpatient/nursing home work without much outpatient/office. I like > > the outpatient work for the continuity of relationships, but don't > > like nursing home work as much for the amount of phone calls it generates. > > > > So I feel like I am at a crossroads now. Should I try to wait it out > > until an opportunity that has more outpatient work comes along? This > > would entail then some period of unemployment which I can handle > > financially but might look bad to future employers(?) Or should I > > take one of the present positions with the thinking that it would just > > be temporary for the next 1-2 years until the economy improves and/or > > we get some health care reform after which I might start my own > > practice. The idea of starting my own practice is attractive for the > > independence aspect, avoiding the feeling that you are on a hamster > > wheel trying to keep as productive as everyone else in the group > > (particularly in groups where revenue is divided evenly). Also, I > > don't mind the business aspect even though I'm sure there would be a > > lot to learn. On the other hand, starting my own practice would be > > risky in that I live in Northern NJ which might be considered a dead > > zone that is saturated with PMD's already. (I currently don't have > > the option to move due to my wife's job.) In addition, I've come to > > realize that I don't exactly have the magnetic personality that draws > > patients in droves (in addition to the disadvantage of being male). > > The low overhead model of practice would be attractive in that I might > > not necessarily need to see 20 or more patients a day to make a living. > > > > So...I'm not sure what to do at this point. If anyone has any > > thoughts, suggestions or words of advice it would be greatly appreciated. > > > > - > > > > > > > > > > -- > If you are a patient please allow up to 24 hours for a reply by email/ > please note the new email address. > Remember that e-mail may not be entirely secure/ > MD > > > ph fax > -- If you are a patient please allow up to 24 hours for a reply by email/please note the new email address.Remember that e-mail may not be entirely secure/ MD ph fax Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 23, 2008 Report Share Posted December 23, 2008 the value of a good education can pay dividends in life! I hope your school loans were smaller than Lou's. ;-)For me, the absolutely best piece of advise in med school was, " If you save their lives, patients like you a lot, But they LOVE you if you keep them regular! " I use that to keep perspective of long-term quality of life issues we care about (less risk of stroke, MI, etc, if control DM/HTN/chol/etc) vs the short-term quality of life issues patients care about (pain, depression, erections, urine incontinence, etc).Somehow I think that actually can fit into the questions you have, . But you have to find the right answer for you as you keep the short-term and long-term goals, and potential pains, in your focus. If your family has the benefits of financial health, you have a better chance of going for the IMP and likely have a drop in pay, or lose money for a while, but be happier. If finances force you to, you may need a backup job for a while as your office develops if you choose IMP. Otherwise, you may prefer to grit your teeth and work with patients in whatever standard office you can find in time.But, my advise, if you love being a doctor and working with patients, don't let the work environment burn you out. I don't like the medical economic/financial world, but, very profoundly, I love being a doctor. And for any hassles of being a small business owner/entrepreneur/IMP doctor, I am so happy that I get to work as a doctor on my own terms now. I hope you have the same experience no matter what you choose to do.Good luck.Tim Damn I went med school 1 mile from Spikol and I learned it as eat when you can , sleep when you can ,and don't F with the Pancreas.Consistency is sooo hard to get in medicine....Love Jean First of all, I think is very magnetic (of course magnets also repel things)Living here in the great Northeast-land of underpaid family physicians and overpaid specialists-my advice is to sponge off your wife as long as possible-it's worked for me. Working in this environment is very overrated.Seriously-I work part time simply because I can and that also in this environment I refuse to devote full time in a basically dysfunctional system. (I believe this is doing my part to bring on the inevitable catastrophe that will hopefully occur very soon in the medical system as it has in the financial system) I work for a hospital system but have enough years in the system that I can basically write my own ticket and while I do not do a very low volume practice I do not do a high volume practice either.If I were you, I would look at something part time that tries to combine some clinical and some monetary satisfaction for you.So basically-as the saying went in medical school " play when you can, work when you have to..Don't F*** with the pancreas " Just my four cents (inflation)> > > Hello all, sorry if this post is slightly off-topic in that IMP is> > just one career option I am considering. I've been in internal> > medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc> > group, last 2.5 in a smaller 3 doc group). I just left the last group> > after the older doc wanted a ridiculous amount of money to buy him> > out. I've looked around for other practice opportunities but in the> > last few months I've only found 2 others which primarily consist of> > inpatient/nursing home work without much outpatient/office. I like> > the outpatient work for the continuity of relationships, but don't> > like nursing home work as much for the amount of phone calls it generates.> >> > So I feel like I am at a crossroads now. Should I try to wait it out> > until an opportunity that has more outpatient work comes along? This> > would entail then some period of unemployment which I can handle> > financially but might look bad to future employers(?) Or should I> > take one of the present positions with the thinking that it would just> > be temporary for the next 1-2 years until the economy improves and/or> > we get some health care reform after which I might start my own> > practice. The idea of starting my own practice is attractive for the> > independence aspect, avoiding the feeling that you are on a hamster> > wheel trying to keep as productive as everyone else in the group> > (particularly in groups where revenue is divided evenly). Also, I> > don't mind the business aspect even though I'm sure there would be a> > lot to learn. On the other hand, starting my own practice would be> > risky in that I live in Northern NJ which might be considered a dead> > zone that is saturated with PMD's already. (I currently don't have> > the option to move due to my wife's job.) In addition, I've come to> > realize that I don't exactly have the magnetic personality that draws> > patients in droves (in addition to the disadvantage of being male).> > The low overhead model of practice would be attractive in that I might> > not necessarily need to see 20 or more patients a day to make a living.> >> > So...I'm not sure what to do at this point. If anyone has any> > thoughts, suggestions or words of advice it would be greatly appreciated.> >> > -> >> > > >> > > > -- > If you are a patient please allow up to 24 hours for a reply by email/> please note the new email address.> Remember that e-mail may not be entirely secure/> MD> > Farmington ME 04938> ph fax > -- If you are a patient please allow up to 24 hours for a reply by email/please note the new email address.Remember that e-mail may not be entirely secure/ MD 115 Mt Blue Circle ph fax 207 778 3544 ---------------------------------------- Malia, MDMalia Family Medicine & Skin Sense Laser6720 Pittsford-Palmyra Rd.Perinton Square MallFairport, NY 14450 (phone / fax)www.relayhealth.com/doc/DrMaliawww.SkinSenseLaser.com-- Confidentiality Notice --This email message, including all the attachments, is for the sole use of the intended recipient(s) and contains confidential information. Unauthorized use or disclosure is prohibited. If you are not the intended recipient, you may not use, disclose, copy or disseminate this information. If you are not the intended recipient, please contact the sender immediately by reply email and destroy all copies of the original message, including attachments.---------------------------------------- Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 23, 2008 Report Share Posted December 23, 2008 How much northern nj. If you have a NY license, you can open in Manhattan. To: Sent: Tuesday, December 23, 2008 5:50:31 AMSubject: Career Advice NeededHello all, sorry if this post is slightly off-topic in that IMP isjust one career option I am considering. I've been in internalmedicine practice now for 4.5 yrs total (first 2 in a larger 6 docgroup, last 2.5 in a smaller 3 doc group). I just left the last groupafter the older doc wanted a ridiculous amount of money to buy himout. I've looked around for other practice opportunities but in thelast few months I've only found 2 others which primarily consist ofinpatient/nursing home work without much outpatient/office. I likethe outpatient work for the continuity of relationships, but don'tlike nursing home work as much for the amount of phone calls it generates.So I feel like I am at a crossroads now. Should I try to wait it outuntil an opportunity that has more outpatient work comes along? Thiswould entail then some period of unemployment which I can handlefinancially but might look bad to future employers(?) Or should Itake one of the present positions with the thinking that it would justbe temporary for the next 1-2 years until the economy improves and/orwe get some health care reform after which I might start my ownpractice. The idea of starting my own practice is attractive for theindependence aspect, avoiding the feeling that you are on a hamsterwheel trying to keep as productive as everyone else in the group(particularly in groups where revenue is divided evenly). Also, Idon't mind the business aspect even though I'm sure there would be alot to learn. On the other hand, starting my own practice would berisky in that I live in Northern NJ which might be considered a deadzone that is saturated with PMD's already. (I currently don't havethe option to move due to my wife's job.) In addition, I've come torealize that I don't exactly have the magnetic personality that drawspatients in droves (in addition to the disadvantage of being male). The low overhead model of practice would be attractive in that I mightnot necessarily need to see 20 or more patients a day to make a living.So...I'm not sure what to do at this point. If anyone has anythoughts, suggestions or words of advice it would be greatly appreciated.------------------------------------- Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 23, 2008 Report Share Posted December 23, 2008 Thanks everyone for all the great advice so far. Wayne, I actually did recently get a NY license. Any reason why you mentioned Manhattan? I would think the rents there are quite high with an equal saturation of doctors. Please let me know if my assumptions are incorrect. Thanks, > > > > How much northern nj. If you have a NY license, you can open in Manhattan. > > > ________________________________ > > To: > Sent: Tuesday, December 23, 2008 5:50:31 AM > Subject: Career Advice Needed > > Hello all, sorry if this post is slightly off-topic in that IMP is > just one career option I am considering. I've been in internal > medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc > group, last 2.5 in a smaller 3 doc group). I just left the last group > after the older doc wanted a ridiculous amount of money to buy him > out. I've looked around for other practice opportunities but in the > last few months I've only found 2 others which primarily consist of > inpatient/nursing home work without much outpatient/office. I like > the outpatient work for the continuity of relationships, but don't > like nursing home work as much for the amount of phone calls it generates. > > So I feel like I am at a crossroads now. Should I try to wait it out > until an opportunity that has more outpatient work comes along? This > would entail then some period of unemployment which I can handle > financially but might look bad to future employers(?) Or should I > take one of the present positions with the thinking that it would just > be temporary for the next 1-2 years until the economy improves and/or > we get some health care reform after which I might start my own > practice. The idea of starting my own practice is attractive for the > independence aspect, avoiding the feeling that you are on a hamster > wheel trying to keep as productive as everyone else in the group > (particularly in groups where revenue is divided evenly). Also, I > don't mind the business aspect even though I'm sure there would be a > lot to learn. On the other hand, starting my own practice would be > risky in that I live in Northern NJ which might be considered a dead > zone that is saturated with PMD's already. (I currently don't have > the option to move due to my wife's job.) In addition, I've come to > realize that I don't exactly have the magnetic personality that draws > patients in droves (in addition to the disadvantage of being male). > The low overhead model of practice would be attractive in that I might > not necessarily need to see 20 or more patients a day to make a living. > > So...I'm not sure what to do at this point. If anyone has any > thoughts, suggestions or words of advice it would be greatly appreciated. > > - > > > ------------------------------------ > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 28, 2008 Report Share Posted December 28, 2008 NYC isn't saturated. The trick is to find the areas that aren't saturated that also have access to the type of patients that you want. For example, if you plan on primarily accepting insurance plans in-network, East Midtown may be a rough area. Saturated. West Midtown much less so. Fewer overall patients, but sooooooo few doctors. Its important to check out the area. And to be near a subway station. To: Sent: Tuesday, December 23, 2008 6:44:31 PMSubject: Re: Career Advice NeededThanks everyone for all the great advice so far. Wayne, I actuallydid recently get a NY license. Any reason why you mentionedManhattan? I would think the rents there are quite high with an equalsaturation of doctors. Please let me know if my assumptions areincorrect. Thanks, >> > > How much northern nj. If you have a NY license, you can open inManhattan.> > > ________________________________> > To: > Sent: Tuesday, December 23, 2008 5:50:31 AM> Subject: Career Advice Needed> > Hello all, sorry if this post is slightly off-topic in that IMP is> just one career option I am considering. I've been in internal> medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc> group, last 2.5 in a smaller 3 doc group). I just left the last group> after the older doc wanted a ridiculous amount of money to buy him> out. I've looked around for other practice opportunities but in the> last few months I've only found 2 others which primarily consist of> inpatient/nursing home work without much outpatient/office. I like> the outpatient work for the continuity of relationships, but don't> like nursing home work as much for the amount of phone calls itgenerates.> > So I feel like I am at a crossroads now. Should I try to wait it out> until an opportunity that has more outpatient work comes along? This> would entail then some period of unemployment which I can handle> financially but might look bad to future employers(?) Or should I> take one of the present positions with the thinking that it would just> be temporary for the next 1-2 years until the economy improves and/or> we get some health care reform after which I might start my own> practice. The idea of starting my own practice is attractive for the> independence aspect, avoiding the feeling that you are on a hamster> wheel trying to keep as productive as everyone else in the group> (particularly in groups where revenue is divided evenly). Also, I> don't mind the business aspect even though I'm sure there would be a> lot to learn. On the other hand, starting my own practice would be> risky in that I live in Northern NJ which might be considered a dead> zone that is saturated with PMD's already. (I currently don't have> the option to move due to my wife's job.) In addition, I've come to> realize that I don't exactly have the magnetic personality that draws> patients in droves (in addition to the disadvantage of being male). > The low overhead model of practice would be attractive in that I might> not necessarily need to see 20 or more patients a day to make a living.> > So...I'm not sure what to do at this point. If anyone has any> thoughts, suggestions or words of advice it would be greatlyappreciated.> > -> > > ------------------------------------> > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 28, 2008 Report Share Posted December 28, 2008 The Upper West Side in the 70's (the streets numbered 70-79n ot the 1970's!) is where I would go if I was to set up an IMP Family Practice. Wow, I miss home... To: Sent: Sunday, December 28, 2008 10:27:00 AMSubject: Re: Re: Career Advice Needed NYC isn't saturated. The trick is to find the areas that aren't saturated that also have access to the type of patients that you want. For example, if you plan on primarily accepting insurance plans in-network, East Midtown may be a rough area. Saturated. West Midtown much less so. Fewer overall patients, but sooooooo few doctors. Its important to check out the area. And to be near a subway station. From: aelan2 <aelan2yahoo (DOT) com>To: Practiceimprovement 1yahoogroups (DOT) comSent: Tuesday, December 23, 2008 6:44:31 PMSubject: [Practiceimprovemen t1] Re: Career Advice NeededThanks everyone for all the great advice so far. Wayne, I actuallydid recently get a NY license. Any reason why you mentionedManhattan? I would think the rents there are quite high with an equalsaturation of doctors. Please let me know if my assumptions areincorrect. Thanks, >> > > How much northern nj. If you have a NY license, you can open inManhattan.> > > ____________ _________ _________ __> > To: Practiceimprovement 1yahoogroups (DOT) com> Sent: Tuesday, December 23, 2008 5:50:31 AM> Subject: [Practiceimprovemen t1] Career Advice Needed> > Hello all, sorry if this post is slightly off-topic in that IMP is> just one career option I am considering. I've been in internal> medicine practice now for 4.5 yrs total (first 2 in a larger 6 doc> group, last 2.5 in a smaller 3 doc group). I just left the last group> after the older doc wanted a ridiculous amount of money to buy him> out. I've looked around for other practice opportunities but in the> last few months I've only found 2 others which primarily consist of> inpatient/nursing home work without much outpatient/office. I like> the outpatient work for the continuity of relationships, but don't> like nursing home work as much for the amount of phone calls itgenerates.> > So I feel like I am at a crossroads now. Should I try to wait it out> until an opportunity that has more outpatient work comes along? This> would entail then some period of unemployment which I can handle> financially but might look bad to future employers(?) Or should I> take one of the present positions with the thinking that it would just> be temporary for the next 1-2 years until the economy improves and/or> we get some health care reform after which I might start my own> practice. The idea of starting my own practice is attractive for the> independence aspect, avoiding the feeling that you are on a hamster> wheel trying to keep as productive as everyone else in the group> (particularly in groups where revenue is divided evenly). Also, I> don't mind the business aspect even though I'm sure there would be a> lot to learn. On the other hand, starting my own practice would be> risky in that I live in Northern NJ which might be considered a dead> zone that is saturated with PMD's already. (I currently don't have> the option to move due to my wife's job.) In addition, I've come to> realize that I don't exactly have the magnetic personality that draws> patients in droves (in addition to the disadvantage of being male). > The low overhead model of practice would be attractive in that I might> not necessarily need to see 20 or more patients a day to make a living.> > So...I'm not sure what to do at this point. If anyone has any> thoughts, suggestions or words of advice it would be greatlyappreciated.> > -> > > ------------ --------- --------- ------> > Quote Link to comment Share on other sites More sharing options...
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