Any doctors or medical professionals willing to share about the financial aspects of working in the medical field?

Coffee
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So I’m not sure how it is in your professions, but speaking about the financial aspect of the medical business is not something that’s done often in ours. When I left the public health sector I had no idea what the common salaries where, what costs I have to expect, what it will/would be like to open my own office etc. When you work in the public field you are usually (unless you’re really the upper echelon of MD’s) bound by a collective employment agreement of the canton so negotiating is also not done. I guess because we are making money off of peoples diseases and the whole health care costs increase thing we tend to keep quiet.

So I was wondering if any medical doctors would be willing to chat about finances, either here or feel free to PM me.

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Would you be willing to give an overview here. It would be interesting to understand the economics of it.

I have a few doctors as relatives and see a big difference in their lifestyles. One stayed in public hospitals and earned a modest amount but lives off a great pension now.

Another started his own practice and retired early with a lot of money and spends his time sailing on his yacht and visiting his many holiday homes.

A third was someone I met a while back, but he had some very niche practice where he worked only a few days a week but was absolutely minting money - that was in the UK.

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I’m a bit worried about being identified but I can certainly try to give some information. What are you interested in? You can also DM me.