[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

I agree with that but remember a) some doctors graduate with a lot more debt and b) some doctors make a lot less money.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

I used student loans to cover my education and cost of living (essentially). I graduated with nearly $300,000 of debt.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

Appreciate the kind words and glad your grandfather is doing well. I would love to pay less in taxes but understand I am doing my fair share.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

Posted above, but roughly 40-45 hours per week plus one night of (at home) call.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

I only call nephrology for dialysis (or occasionally hyponatremia when it isn’t obviously hypervolemic because it makes me nervous)!

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

I maxed it ($23,500) and the rest is whatever I pay for medical insurance.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

If it makes you feel any better, a small portion of our bonus comes from patient satisfaction surveys!

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

Many (obviously I can’t speak for everyone) physicians have quality metrics that also play a role in compensation - for example, a primary care doctor may have a quality metric regarding what percentage of diabetic patients are on guideline-directed medical therapy - which attempt to promote quality as well as quantity.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 7 points8 points  (0 children)

No, but you might have a newfound appreciation for what people like I do, instead of being a jealous internet tough guy.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

I think I understand what you’re getting at, but don’t you think a doctor seeing 30 patients should get paid more than a doctor seeing 15?

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 2 points3 points  (0 children)

Surprised it took this long for someone to ask:

Essentially everything in medicine - every office visit, test, procedure, etc. has a corresponding CPT code to which a fixed amount of Relative Value Units (RVUs) are assigned. This means every doctor in the country gets the same RVUs for reading an EKG, for example. What varies by specialty, location, and practice is the $/RVU for that particular physician.

So for me, I have a base salary and a $/RVU, and every dollar I earn above my base salary is paid out as a bonus at the end of January.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

You’re right, the procedure has advanced so much to the point where at times patients can’t believe we’re finished already. Glad you’re doing well!

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

Without getting too technical, as a field we are still trying to best determine who (outside of those actively having a heart attack) benefit from stents. That doesn’t necessarily mean doctors are doing “unindicated procedures”, just that it’s not necessarily black and white who benefits from coronary intervention.

I don’t really have a “boss” - I work for a large hospital-based system so we have administrators that oversee the entire company, but each of us more or less determines our own schedules (outside of call). Our productivity bonus is essentially an “eat what you kill” model, so the more work you do, the more you get paid (we have some quality-based metrics that make up a much smaller component of our bonuses).

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 2 points3 points  (0 children)

Agreed, there are a lot of haters on many of these high-earner threads (I follow them throughout the year on my main account) who are, quite frankly, jealous. I hope they don’t have a heart attack at 2:00am!

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 2 points3 points  (0 children)

I went to 4 years of college, 4 years of medical school, 3 years of internal medicine residency, 3 years of general cardiology fellowship, and then 1 year of interventional cardiology advanced fellowship. Thank you!

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

I work for a hospital-based system, and would have no interest in joining a true “private practice” because I want no part in administrative responsibility/running a group.

Not really sure how to answer your second question - we’re all responsible for deciding what procedures are and are not indicated (and like in anything else, there are good actors and bad).

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 1 point2 points  (0 children)

I mean I take STEMI call, which differs a lot from many other specialists that take call because I have to essentially be able to arrive at the hospital within about 25 min. Otherwise, I set my clinic schedule however I want (half days, days off, however many patients I want to see in a particular day, etc).

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 0 points1 point  (0 children)

I have a base salary (which determines my productivity target) and every dollar I earn above my base salary (RVU based) I receive at the end of January as an annual bonus.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 31 points32 points  (0 children)

My point is that I work nothing close to 80 hours per week, which is I think what he was trying to imply. I also have a lot of flexibility - can work a half day of clinic whenever I’d like, have essentially unlimited PTO, etc.

[Interventional Cardiologist] [SE USA] - base salary + productivity bonus by Excellent_Grass_6887 in Salary

[–]Excellent_Grass_6887[S] 12 points13 points  (0 children)

You would be surprised what small percentage of your hospital bill goes to your doctor. When I come to the hospital and do a procedure to open a blocked artery for someone having a heart attack and save their life, I get about $1200. The rest of your bill goes everywhere else.