Thursday, July 22, 2010

Doctors Feel Like Glorified Receptionists Between Patient To Specialist

In California, one doctor suddenly exchanged his shingle on a thriving group practice for a nameplate on the door of a corporation. Many report that the practice of private medicine has just become too boring and routine. He was tired of just listening to patients and then telling them which specialist to go to. His group practice was forced to abandon the very things he enjoyed about medicine, from complex medical problems to obstetrics and surgery, due to the high cost of malpractice insurance. The medical field is now dominated by the specialists and traditional general practitioners feel their position is largely redundant.

New positions such as those in companies that manufacture pharmaceuticals pay much more and don't carry the risk factors that push malpractice insurance through the roof. He is among the increasing ranks of doctors who have transitioned into the corporate realm. The corporate world offers medical research, support and development jobs that free the doctor from the complications of insurance and the worries over funding and research grants. There is even a city that wants to hire these doctors in hopes of improving employee health and safety. The majority are still employed in the medical realm, some in occupational health advisory roles, some in pharmaceutical research, though business has emerged has having more appeal for some than medicine does.

The financial rewards for those working for the city can equal what a doctor made in private practice. Physicians employed by corporate entities generally work 8-hour days, are provided with paid malpractice coverage, receive time off for educational purposes, and are compensated at levels that are comparable to those who remain in private practice.

The percentage of individuals practicing medicine full time in the United States corporate world is roughly 2 percent of the total population. In addition, thousands more physicians work in occupational medicine, meaning that they provide advice and guidance in the areas of employee wellness, industrial safety and product development. There are another 10,000 physicians who work part time in roles such as these. Certain doctors are employed in the pharmaceutical industry and thousands more are employed by insurance carriers as underwriters and claims consultants.

The chief medical director's career track for a large insurance agency is not rare amongst corporate physicians. One doctor seeking a change from his already established private practice, accepted an available part-time job with a restaurant chain; this position began his exit from private practice. Sometimes examining up to 60 food handlers in an hour, the doctor worked at an exhausting pace. Eventually he landed a job to be the medical director of a couple of movie studios and said goodbye to his private practice for good. This position offered him greater opportunities; the patient wasn't responsible for paying so he could treat them without limit and he could practice preventative medicine.

Many private physicians see themselves as automatons faced with ever-increasing obstacles in their quest for a viable business. The perception was that of a physician who handed out pills, wrapped bandages and provided care to those who were not really in need of medical attention. However, a shift in opinion and regulations regarding occupational and product safety have rendered corporate doctors newly powerful and worthy of admiration. A major New York telecommunications company's medical director says that it is rather refreshing to be actually "practicing" medicine again.

The younger generation of doctors are able to work just as well (or even better) than they would be able to anywhere else. Older doctors can usually afford to sacrifice gross and net income for the benefits of corporate medicine. Some corporate physicians are saying that in terms of quality of lifestyle and career earnings, the change from private practice is well worth it. Taking a job in occupational medicine was thought of as a silly choice by most every physician at one point in time. Now it seems that these people who thought this way are becoming envious.

The potential for bigger salaries and better benefits make these jobs popular. Possibly the most famous is a 78 year old doctor who made millions without ever practicing medicine. He made his first million while still in medical school by bringing new life to his father's failing drug company. After he graduated from medical school he bought and set up a surplus army field hospital in the famine stricken Ural Mountain region of the Soviet Union. Once there, he discovered that food was needed more than medicine, and so he imported grain, making trade contracts in the process which became stepping stones to a new career.


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1 comment:

  1. My friend in Australia found her current job through her Jobsearch in jobsjobsjobs.com.au. She told me they promote careers and employment opportunities for all Australians across every industry.

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