Comment Re:Where the moneys at yo! (Score 1) 203
I seriously doubt that by the time I would be done with my fellowship that there will be an over abundance of cardiologists.
Well, you'd be wrong. There is a strong and increasing trend for medical students to avoid primary care. The lifestyle and affluent specialties are ballooning. http://www.nytimes.com/2008/12/12/health/11doctors.html?partner=permalink&exprod=permalink
You can't seriously believe that there aren't scads of premeds thinking exactly what you are? And unless cardiology practices some serious birth control like Anesthesia did, there will be a glut. Though if they do practice serious birth control to avoid a glut, a cards fellowship will be harder to come by than an ENT spot.
I'm not in it for seven figures, six figures is the goal.
Good. You'll probably make well over 100,000 by the time you graduate. However as I said, that's not a ton if you are entering it for the money (given that you'll first spend 8 years going into debt unless you've got rich parents) followed by 5 years making around minimum wage (you'll make a small salary as a resident, but because of the hours you work it ends up being for crap hourly.) And with debts in the 200-300k range common, you won't break even with your friends who entered a career after undergrad till you are a decade out from finishing your training.
Plus, I'd rather be private practice than in the cath lab. It's also a disease that is pretty much supported by our lifestyle here in the US and abroad in first world countries.
Ah, that's almost cute in its naivete. If you spend a day in the cath lab (now) doing procedures you'll make $5000. If you spend the day in clinic (which is I think what you mean by 'private practice') you will be lucky to clear $1000. The whole reason that people enter fields like cardiology to make money is that they are procedure heavy. Seeing grandma in clinic gets you squat (except the chance that grandma might need a cath or a pacer from you.)
As an example from my own practice, if I spend 60 minutes with you assessing and diagnosing your abdominal pain, doing a big work-up, and admitting you to the hospital for appendicitis, I make less than if I pull a bean out of a toddlers nose. Procedures are the cash cow of medicine and you will be a pretty poor cardiologist indeed if you keep the attitude that you'd rather be in clinic than the cath lab.
Of course those figures are today, and the well will be drier when you come out. Insurers and the government are seriously putting the clamps on high ticket procedure-monkeys. For example, CA just recently enacted a rule that says hospital based physicians can't bill HMO patients the balance of what their insurer doesn't pay for. So if you do a cath at a hospital in CA and bill Ms Smith's HMO $2000, they can pay you $500 and your only real recourse is a lawsuit against the insurer. And that's just one example. Making money from procedures is going to be far less guaranteed than it is now.
I see little evidence to suggest that I won't be making bank by the time I'm out. Thanks for the condescending "sport" though.
Well as Carl Sagan said: "The absence of evidence is not evidence of absence." This is especially the case when you don't seem to have looked at the abundance of evidence out there suggesting you're projected income will be significantly less than you seem to think. But at least you were a nice young man and demonstrated that my use of 'Sport' was in fact, appropriate.