Quote:
Originally Posted by theotherguy
Very true, but it is not necessarily a direct 1-to-1 correlation to a doc's salary unless it is a single doc in the practice.
Don't misunderstand me here. I think they deserve the money made. Some even deserve more than what they get once told by the insurance carriers what they get to make.
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One practice I work for has 4 docs. They get all get a salary. Then they get a bonus based on the amount of work they do individually. It is a big busy practice and they all make a pretty good chunk of change. They all pay nearly 100k in malpractice each. The practice pays for it. The practice only gets income because of the docs. The docs are the only source of income, no docs, no income, no practice. If they did not have income to the business the business could not pay their malpractice, from their income. The higher the malpractice payment the less they have for other costs, including their own salary, and the salary of about 30 people who work for them.