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by Anonymous (no login)

 
Obviously, you either have experienced the situation you have described or have a friend who has. I guess this happens but from my personal experience never.
We make an effort to network our program and try to do our best to prepare the resident to be successful financially. I determined that it was as important to teach the resident a plan to succeed as it was to do an ankle fusion.
We (the faculty) stay involved locally and nationally which helps us link up our grads with potential employers. When we are at the boards, ACFAS functions, or lecture(at a loss of income typically) we are putting our program and it's grads out for the DPM and ortho populations to see.
I encourage this behavior to other directors and many of the "good" ones do the same.
Our residents have all done extremely well. 2 of joined ortho practice and 2 have joined multispecialty groups. All of them have had starting salaries in the 125-150,000 range. The rest have had base salaries of 60-100,000 with DPM groups and have all made high 5 to low 6 figures with bonuses. The few who made less wanted a specific location that was crowded ,one had a sick child, and 2 never networked and really didn't start to look until a month or 2 before they graduated.
I hope that answers your query?
One final note quit comparing MDs/DOs to DPMs. We have never had financial parity with MDs. We always knew they had more options and income potential. We have come far. When I graduated less than 50% received any residency training. Hospital privileges even nonsurgical were nonexistant, and few if any associateships existed. You either bought or set up a practice.(this added another 50-100,000 of debt to our lower student loans but placed me at 6 figures in 1985, interest was 12-16%on my student loans) DPMs are new to the large group concept and seemed to be slowly gaining experience in management which elevates salaries and creates more success stories. Quit comparing DPMs to MDs. Try comparing DPMs from 1960 to DPMs in 2003. We are light years ahead.

Posted on Sep 21, 2003, 1:09 PM
from IP address 205.188.208.9

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