I transitioned from a pre-medicine path to a different career path half way through my senior year of undergrad after working hard and making straight A's for several consecutive semesters. The main reason is because I had experienced physicians telling me about these issues and how entrenched insurance companies have become in the industry, pitting physicians against one another to see who will perform a procedure for the lower rate, then making that the standard rate of pay. It seems like possibly the worst time to go into medicine and I'm passionate about so many other things outside of medicine that I figured I'd try proposal writing and teaching English abroad. If these issues are addressed anytime soon (which I doubt) I may reconsider because I love medicine and worked hard to be competitive, I just hate what it's becoming.

Excellent video! I am a med student and was just at a dinner last night with multiple physicians, they all complained about lowering reimbursement rates in the past few years… Many are making less than half of what they made just 10 years ago. A lot to do with Medicare and Medicaid setting extremely low reimbursement for docs meanwhile hospitals are still charging very large “facility fees”

People are getting sicker and volume is increasing, and doctors/nurses etc are getting overworked and underpaid

How convenient that the only salaries keeping up with inflation, is that of the CEO, including Hospital CEOs!

The midlevel creep is why. Nurse Practitioners and physician assistants are being passed off as equal to physicians.

As a medical student, this was educational. Thank you for sharing.

Keep making these videos. It's really interesting to see the data you find, especially on salary growth. This isn't something I hear a lot about but it's actually a better way to view your long term salary growth over time than just your compensation at the present moment. Overall, great stuff man

From financial statistics, to a perfectly placed and lit candle, I love all of these details! Thank you for your videos and Instagram posts. I look forward to them every week.

I zoomed on your graph to see neurology. Sticking strong there guys!

An issue not just related to physicians, but I can’t imagine a single profession where wages have kept up with inflation, unless you are a CEO or a youtuber 😅

When speaking to my older relatives, it was hard for them to understand the countless financial pressures that pursuing a career in medicine has on those following this path. Thank you for providing data across specialties at a national level in order to bring some light to these issues. If not addressed, fewer competent people will choose a career in medicine.

The biggest take-away message from Dr. Cellini’s video is for non medical people who think he’s complaining. He’s not. He’s *concerned* where the US is headed with regard to healthcare, particularly those in the baby-boomer category. Priceless Primary care physicians need higher salaries! People with diabetes, hypertension, pneumonia, vaccine needs, mental health issues - where are they going to? They’re not going to Dr. C., and Mrs. C. Is a beautician pushing thousands of dollars of product and fakery. Maybe you should be concerned about the docs in the middle (who are extremely underpaid). They’re retiring as we speak I wish the Cellinis well - he earned every penny.

agreed. please keep making these videos doc! idk how practical it is to go into medicine anymore, especially looking at work culture and incentives to just practice your craft there. plus, lack of time in edu, lack of loans, extra 10+ years to build wealth, lifestyle to enjoy your 20's/early 30's. honest question, at what point is all this considered along with opportunity cost and it's really not worth it to go into medicine?

I am an ICU RN planned to do psych NP and having my own office in Phoenix or Denver and decided to get an MBA in finance or healthcare admin. Not willing to deal with insurance. That said, concierge medicine is a thing… inflation has destroyed RN’s salary. It’s a joke to make 60k base in most places in the country as a RN when that should be above 100k with inflation and home prices.

Thank you for this informational vid! As a doc resident in Lithuania I made about 1k€ per month in 2021. Now its no more than 900€. We are still fighting for an increase, everyone is frustrated. To be honest we've been doing that for the last 20+ years.

It is concerning for physicians as well as most sectors as I have not heard of too many receiving a +7% wage increase. Before medical school I would always tell my coworkers and employers that a 3% annual raise is not a raise just a cost of living adjustment. Hard to predict anything in this post 2020 world. Enjoy your finance videos Dr. Cellini

Hey amigo ! ER doctor here out salaries are doing well I think also is all about location location!!!!! Stay safe all.

Good video, the best decision I made as a RN nurse was to create a side hustle for extra income streams. It has really helped me and my family financially stable.

Please do a video on this years match and its shortcomings!!

Thanks for covering this topic. I know its controversial but I think it would be reasonable to cover some aspects of this such as universal healthcare, regulation from government, the role of health insurance companies in the regulatory process, and perhaps a topic such as direct primary care. There’s no simple answers to these issues.

Incoming OMS-1 here and this was interesting to watch, thank you Dr. C

As of lately, hardly anyone’s salary is keeping up with the inflation rate, unless you are some high level executives (but wait... their Compensation is made of more Stocks vs. salary pay...) so again, for doctors who owns assets and equity (RE and stocks) their wealth definitely soared. Okay in terms of reimbursement then yes I agree it’s not increasing but actually decreasing, and that’s sad. 😞

Thanks for this video! With my first year of medical school drawing to a close, I'm already $50K in debt. This is informative and I'll just have to tighten my purse strings. Good thing I love canned beans 😄😄😄

If only today’s physicians could have a conversation with physicians years ago who struck a deal with insurance companies re: reimbursement rates. Or maybe it was administrators who made that initial deal with the devil. 😬 I’m a PA not an MD, but there’s a trickle-down effect that I definitely feel/am aware of. I max-out at a certain salary and it just…is what it is. Unless I want to go somewhere else, but I really like my colleagues at this facility, which is a value-add I don’t want to give up. So I’m at the “acceptance” stage of grief, ha. People just don’t understand the pressure you (physicians) have, I don’t think - you get out of school in debt to the tune of a quarter of a million $$$, deal with a documentation burden that drains both your time and your soul, and then there are the select group of patients who seem to think that their healthcare should be an exchange like ordering from an extra-value menu at a fast food restaurant. We (PAs) deal with that stuff too (well, the student loan debt is a little less), but…At least for me (as a PA), I can switch specialties if/when I’m faced with burnout. For physicians, it’s like you’re trapped unless you want to put everything on hold and do another residency. I appreciate the knowledge and experience of all the docs I work with so much and I try to tell them as often as it feels appropriate, because I hope they don’t leave - I figure at least maybe some appreciation coming from somewhere is helpful, even if it doesn’t pay the bills. But…I definitely understand when physicians finally decide they’ve had it and just throw in the towel. At a certain point it’s gotta be like, “why fight the undertow.” Thank you for your videos. I’ve recently subscribed to your channel and enjoy your perspective. (I applied the take-home points from your video on the non-utility of coccyx films to patient care a couple days ago, so thanks for the medical knowledge, as well.)

Hi Dr. Love your videos! I recently blacked out on a plane for at least 20 minutes after feeling like I was going to puke. When I woke up I went to er, all my labs came back negative, further testing at primary doc/Neurologists including Head MRI and EEG/EKG were normal. Yet I'm still having weird vision like floaters, headaches, and light sensitivity, and a lot of tinnitus? Any advice?! 🙏🏻

I think the Milwaukee lack of growth is more of a plateau that is occurring. Especially given that they are the highest paying metro for physicians at $430k average according to Becker's review and Doximity

Hello, I am back. Finished all my work for the school year in all my classes before Spring Break. 2 months early

PM&R CHECKING IN THE HOUSE!!

Finished medical school, passed all my boards but I'm not applying to residency. Got a remote six figure job in clinical trials. Plan to retire in the next 10-15 years. This field went down hill

Im a big fan of the video, however, you did not mention midlevel scope creep as a potential reason rationalizing the non-surgical specialty decrease in wage increase

I know this is random, but my parent worked with you in cases. They are the program director and attending of vascular surgery!!! They saw the vascular surgery video too 😂

Hello! Thank u for the video ❤️ I have a question, in US and after passing the steps , does foreign doctors (non american nationality ) have the same salary as much as the native? Thank you

? Wondering why Med school is sooooo costly? As an engineer, who has taught, thus seen the cost of outfitting an engineering lab, 10s of thousands, and that's for undergrads. I know it's off topic.

greetings from Germany, I hardly had anything to pay from studying (a loan of ~12000$) but now I get about 80000$ annually and I will be board certified as a radiologist in 2 months hopefully😪

My daughter wants to be a doctor cause she wants to work for doctors without borders.

Lol try being a nurse in Ontario, Canada. We have an actually Bill in place capping us at 1% increase per year. No joke. Our government is metaphorically pooping on our profession, and now we're flooding out of the profession, who would've guessed it?

i think all the non-surgical fields can be somehwat replaced by midlevels so their salaries are stunted

Inflation is killing everything including the economy at large

Whats the occupation of tour parents???

500k avg salary for an ortho is pretty good.

Inflation has outpaced *everyone's* salary! 🙄

as well as medical school debt to the moon!

So, what determines the salary? Looks to me like it's more whatever the market will bear over the amount of medical education or difficulty of the job. Rich people will pay a lot for plastic surgery. Young women don't have a lot of money to pay for ob/gyn services and neither do young couples with babies and young children have money for pediatrics. And the chart about the $100,000 and more disparity between men and women in medicine is shameful. I'm curious why urology is at the top of the list as opposed to other specialties.

Lmaoooo the east/west flip

Dealing with the older population

Poor babies. How will I ever survive in Oklahoma on $180,000. Please.

I don't believe any of these numbers. When you look at different surveys of physician salaries they are all over the place even for the same specialties. The higher paying salaries are probably over 1 million dollars a year on average (ortho, plastics, urology etc).

Not exciting considering im starting med school this year..

Inflation outpacing general labour workers salaries for decades... Crickets... Inflation outpacing physician salaries... STOP EVERYTHING! IT'S A TRAGEDY! WE MUST ADDRESS THIS ISSUE!

Why are women still being paid less in 2022? Drastically less, as demonstrated in the Doximity graph. Do females gravitate towards lower paid specialties or are we still just facing a large wage gap? Please touch on this or bring some female physicians perspectives to your channel! Thanks for the superb content, as always.

Medicine is enroute to fall apart entirely at this rate.

" war" not " conflict" 🇺🇦

Let's talk about Social security cuts and all the other private payers jumping on the ban wagon cutting payments of claims, but yet they boast about how much money they reported on the S&P 500, Anthem likes to hold claims for longer than 30 days to make interest BEFORE paying the physicians for their services.

everyone's salaries are dropping, not jut doctors.....just thought you should know. And inflation affects lower classes in society more disproportionally. So I am not very sympathetic to the "plight" of doctors.

Keep those cuts coming. Drain the swamp...

Lol I want to know how long does it take for you to read a CT scan. Had to stay at a hospital for 8 days for an intracranial abscess, had multiple CT scans. Got a bill couple months later for over $1000 for each scan and over $200 for each time a radiologist read the scan on top of $300,000+ charge for hospital stay. And our doctor here complaining about doctor not getting enough pay. I'm glad i have insurance. I'm sure many people would have sign the DNR form if they knew how much they would have to pay to be alive these days.

Sounds like the voters went with the wrong guy.

Is that only in usa Ore in the Hole europé?

Well...could be a physician in Kyiv or Aleppo. Aleppo ran out of atropine several times over the years. I wonder why? As a US physician I just can't complain. Underpaid? Yes. And yet in an extremely privileged position. If you want more money, there are many avenues to explore...like a KZfaq channel or TikTok. And of course there is always wise investing...but a "comfortable" guy knows that.

Thats kinda sad... I got all of my education on the internet for free and I make more than most Doctors. You would think after spending $300,000+ dollars on education, they'd be making more. I feel bad :/ ... Remember kids, you can learn pretty much everything on the internet for free. Use that to your advantage... I sure did.

Perhaps a go fund me site might be in order. I’m all about donating a percentile of my salary, so that I may increase funding for MDs & Wall Street investment bankers. Genuinely brilliant ,My Good MD, please don’t stop advocating, for MDs & Wall Street affluents, so that I may sleep much more peaceful, knowing that all you fellas have enough Capital,particularly for your philanthropy at the cat houses, Vegas, pro sports games etc.

Liberals duh 🙄

They are already paid 4x the average American salary. No sympathy from me.

I have yet to see a doctor driving a 10 year old POS car. You guys run around in cars that start at 90k and live in super nice home yet you complain about your pay?!!?? WTF. Does the term greed many anything to you? All your money comes from fellow humans that are having medical issues and you make more in one hour than most make in 4 hours. Quit crying

Tired from reading CTs...while sitting on your butt the whole day. You probably farm out the diagnosis to India while you make these silly videos. Most doctors walking around with their little laptops pushing pills and lab tests. Medical system in America needs a complete revamp

because theyre grossly overpaid.... maybe petition med schools to lower tuition instead.

Hey Dr. Cellini, do you have an email address? I want to be a med student (or can we DM you on ig)?