Reacting to Physician Salaries | My HONEST thoughts after 1 year in practice…

In this video, Dr. Webb reacts to physician salaries and gives his thoughts. Are these numbers real? Are they accurate?

TIMESTAMPS
0:01 Introduction
3:40 Physician Salaries
5:16 MGMA data
6:19 Are these physician salaries accurate?
6:33 How covid-19 has impacted physican salaries
7:12 Different practice models after finishing training
9:55 Other ways to generate income as an doctor
10:17 How ancillary income can earn more than a doctors salary

To see Dr Webb as a patient, please contact:
Antonio J. Webb, MD
Orthopedic Spine Surgeon
South Texas Spinal Clinic
9150 Huebner Road Suite 290
San Antonio, Texas 78240
Office: 210-614-6432
Fax: [phone]

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MEDICAL DISCLAIMER
The information provided is not intended to be a substitute for professional medical advice, diagnosis or treatment. Never disregard professional medical advice, or delay in seeking it, because of something you have read on this website. Never rely on information on this website in place of seeking professional medical advice.

[zagato]

The answer is ~500k a year. You’re welcome.

[ajwriter]

If you spend over a decade in training, you deserve a 500K salary.

[becoo]

Hey Dr. Webb! I ran into you at the grill at Methodist Stone Oak. I told you that you were the one that inspired me to become a nurse. Big bald dude. Was great to meet you. You’re inspirational and so awesome! Be safe!

[martinrutkowskimd]

Fantastic video. Appreciate the transparency. Most people would be surprised to hear that INTRA-specialty salaries can vary more than INTER-speciality salaries.

[Icacer]

You spend 90% of the video telling us “I’m going to answer if this number is accurate… but before I do….”. Literally every 2 minutes

[phillipwombacher]

It’s opposite in the nursing world everyone shares their salary because us nurses know that companies want it to be taboo to talk about to pay us less so we talk about it a LOT and now as a independant contract nurse I’m making $150, 000 a year!

[bryandelcid]

It’s hard to be a medical doctor. Not my cup of tea even for those salaries. The reason being is mostly Internship and Residency. It’s just brutal. My hat goes off to all those MD’s.

[jacobl]

Self selection bias... people who report their salaries are more likely to be on the higher earning end, such as practice owners. Data may be skewed on the higher end as a result.

[TexastoastStix]

Love seeing the evolution of your channel Dr. Webb!

[kmode]

A master of saying nothing with a lot of words.

[urielromero]

Great video. I think it's important to share that information because some times it's difficult to know if you are getting a fair payment.

I'm an IMG currently following the steps to become a doctor in the U.S and every job that I take like medical assistant, health manager or health advisor, I noticed an enormous difference in payments.

Nobody likes to talk about how much money they make but it will definitely help to make things better.

Thank you for giving us your perspective.

[jorgechidote]

Dr Webb, can you speak about the increase in salary for doctors?
It seems like doctors’ salaries depend on a lot but mainly on their patient case load. This might be inaccurate, but let’s say that a doctor stays with same amount of demand or patient case load, same amount of surgeries, and other workload, and does not have any other outside investments or source of income. How does their salary increase is expected? Or a salary increase based on inflation not really the case for doctors?

The reason I ask is because regular jobs like an engineer, accountant, construction workers, get an hourly wage or salary, but they can expect 3% or 4% annual salary adjustment. Does that happen with doctors in private practice, employeed, or other practices?

[RGrant]

Primary care docs, EM, inpatient internal med, intensivists probably deserve a raise during this pandemic era

[philaman]

Interesting. I agree that most people who elect to go into medicine are not doing it exclusively to chase the money because of the rigorous and costly path involved in becoming and remaining a physician. As a physician, you are responsible for the care of an actual human being, not some inanimate object like a computer program or report that can be recreated in a worse-case scenario!

Whatever physicians make, it's not enough in my view; the same applies to teachers as well. Conversely, you have CEOs who make these lavish 7 and 8 figure yearly salaries off the backs of everyone else at the company!

[portalomus]

Thank you for sharing. I'm not in the medical field, but I am really interested in learning about finance and salaries. It's good to know how other professions are compensated. Thanks for posting!

[franciscofletes]

There’s another practice model. I’m a psychiatrist that does strictly telemedicine work. I’m licensed in multiple states so I can work for many different telepsych companies and practice in multiple states. For telepsych or telemedicine providers volume has increased tremendously post Covid. Medscape psychiatrist salary is much lower than most of my colleagues.

[joshbritton]

Hey Dr Webb, could you make another update video on your student loans? It’s something that worries me as a premed and I’d love to see how you’ve continued to tackle it

[armanioliver]

If you take call at a hospital and see someone either in the ER or inpatient. Are you allowed to refer them to come see you in your office for care or potential care or is that allowed?

[jongarcia]

love videos Dr. Webb! I'm actually the young guy that you met at chipotle with my friend a couple of months ago, stated I was in nursing school. Actually just finished and will be graduating on the 22nd of this month. I start again for my RN in April. It was nice to meet you in person! Keep doing great things!

[AndJusticeForAll...]

My boy Dr. Webb, slayin em'. Cant stop, won't stop. You're the man my bro, don't ever quit. From one ninja to another...