Articles related to SALARY/COMPENSATION

With regard to his panel, “DSM-5 Text Revision (DSM-5-TR): What’s New and What’s Different,” which was presented at Psych Congress Elevate 2022, Michael B. First, MD, professor of clinical psychiatry at Columbia University in New York City, and editor and co-chair of the DSM-5-TR, responds to questions in this Q&A. The updated text’s main revisions to the “Introduction” and “Use” sections are discussed by Dr. First, who also explains the new diagnoses it now includes and provides his thoughts on how the enhanced text will help psychiatrists in their daily work.

What do family physicians and infectious disease doctors have in common? They are both medical specialties that pay the lowest when factored for number of hours worked. Read the full list to see if your specialty is among the lowest paid in the US. The results might be surprising.

A class action lawsuit against TeamHealth has concluded with a $15 million award settlement to be shared by some 3,000 emergency physicians in almost every US state. The doctors named in the court case alleged that TeamHealth, one of the nation’s largest medical staffing companies with 15,000 physicians, and its subsidiary Paragon Contracting Services, LLC, were in breach of their contracts and secretly cheated doctors out of a portion of the bonuses they were promised. The physicians claimed that their contracts required TeamHealth to pay them a bonus when they supervised care provided by a physician assistant, nurse practitioner, or other advanced practice provider (APP), but that did not happen.

In an editorial published in KevinMD.com, a neurosurgeon discusses the myriad reasons she chooses to stay in clinical practice when many of her colleagues are leaving. The reasons range from job satisfaction from treating patients to family and financial considerations.

Just because they are highly educated and high-income earners does not mean physicians are immune from making bad financial decisions. Poor investment decisions, failure to plan for taxes, and escalating debt loads are just a few of the financial issues that plague doctors across the US.

This independent contractor to telemedicine companies relates how, in their case, the National Physician Databank “has been weaponized” against physicians in an attempt to create practitioners who are compliant with the telemedicine company policies.