Academic Medicine Vs Private Practice. â€¢ i am providing better continuity of care for my patients because clinical practice is my only job. Location was a big factor in pay since many of the higher paying jobs were in less desirable places to live.
Generally speaking, higher pay for more reasonable work hours without any academic publication pressure for advancing your faculty appointment (asst to assoc to full professor). Location was a big factor in pay since many of the higher paying jobs were in less desirable places to live. However, the pay structure is drastically different.
Academic Institutions Obviously Donâ€™t Hire All Of Their Fellows, Doubly So At Many Of The Big Fellowship Factory Programs.
Most of our peers in todayâ€™s academic environment spend 80 percent of their time devoted to clinical practice and 20 percent to â€œeverything else.â€ that bucket includes publications, talks, and innovation in education or research. It is in these houses that the best care is provided. Although it would be presumptuous for me to claim complete insight into the latter, i thought it might be interesting to reflect on my transition:
Location Was A Big Factor In Pay Since Many Of The Higher Paying Jobs Were In Less Desirable Places To Live.
Furthermore, thereâ€™s the greater opportunity for financial reward down the road in private practice. Private hospitals obviously don't emphasize teaching or research the way academic centers do, but the tradeoff is, at least the way i see it, all they do is operate. Earlier this year, a lecturer asked my class how many people were interested in staying in academic medicine compared to how many were interested in going into private practice.
Additional Benefits Include The Opportunity To Travel And To Work With Colleagues Internationally.
Generally speaking, private practice pays more than academic medicine. The fact is, there are many issues on both sides of the question that patients may want to consider when deciding how to approach their healthcare: This difference in earnings decreases but remains substantial as an academic surgeon advances.
Having Made The Transition From Academics To Private Practice, The Author Reflects On The Attributes And Deficiencies Of Both Settings.
Keep in mind that individual states may have different laws that govern different your practice. However, what terrifies me about working in an academic medical center my whole life is that i will be a terrible surgeon. â€¢ i am providing better continuity of care for my patients because clinical practice is my only job.
All Of These Attempts To Define Academic Medicine Tend Toward A Common Central Theme:
This growth is not limited to direct patient care, but also through ancillary services opportunities. I was in academic medicine for 24 years and have been in private practice for the past 6 months. However, unless you are willing to commit yourself to your career and to put in those extra hours, academic medicine is not for you.