But I know some pediatricians who were much smarter than him. But in all fairness, not better with money.
I saw this the other day:
“The most dangerous place for a healthy child is the pediatrician’s office.”
There is a saying "Who is smarter, an MD or a DVM? The Vet, because his patients can't tell him what is wrong. The DVM just has to know."
Pediatricians are much like the DVM. I have seen the financial disparity between adult physicians and pediatricians in the preparation of tax returns. I have had both types of physicians as tax clients and the "adult" physician's pay is actually at least 50% higher that the pediatricians.
Doesn't seem fair, but "...that's the way it is..."
Become an abortionist and move to New Mexico, where the state government is making the state the Abortion Tourism Capital of America. Not only will you get paid for doing the abortions, you can sell the parts for even bigger bucks.
In all fields, some of us are not money oriented. In IT I sat between 2 men. One loved what he was doing so much he would probably do it for free.
I saw the other guy’s pay stub, current and YTD. All he did was copy/paste articles out of online magazines and say that should be the future of the credit card company. He was making over $20,000 per month. He was a good negotiator but Knoew zero about IT.
I was in the middle.
I currently have a co-worker who is worth 5 times what he is paid. Of course I have another co-worker who probably earns more but is worth 10% of what paid.
As an ivestigator in to previous life many years ago I saw th same wage gap across many occupations.
Some people are money motivated, some are not. Some know how to negotiate. Some don’t. Some have other people with other reasons for decisions.
It is the drug industry.
A doctor visit isn’t a hill of beans for either one.
Those ‘scrips on the other hand pay it all.
Pediatricians of color hardest hit...
I know a doctor who was a specialist working in hand and micro surgery. He later switched fields. Boob jobs. Lots more money doing boob jobs.
This information about being a pediatrician reminds me about studying, going to college and getting a degree just to become a teacher. When, in fact, most college graduates could earn much more money in a different field than teachers do.
Anesthesiologists have the easiest job. Sometimes an injection, sometimes a tube down the throat. Then just sit there and turn knobs, check your watch, turn some more knobs...
pediatric residencies are 3 years not 7. That said the nonsurgical specialties (peds, internal med, family practice) are generally reimbursed at a much lower rate than the surgical specialties. It is much easier to define and quantify procedures than it is to quantify and reimburse for knowledge/thought processes.
Perhaps getting kids into the Trans “pipeline” is one way for them to boost their income?