Comments on: A Look Into The Deterioration of the Physician’s Financial Lifestyle http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/ A Cynical Look At Medical School and Medical Training Wed, 07 Jan 2009 10:11:41 +0000 http://wordpress.org/?v=2.3.2 By: Half MD http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1066 Half MD Fri, 18 May 2007 20:41:15 +0000 http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1066 But come on! I really need cabinets. I thought you went into carpentry to help people through wood working. How could you be so insensitive to the needs of others? But come on! I really need cabinets. I thought you went into carpentry to help people through wood working. How could you be so insensitive to the needs of others?

]]> By: Midwife with a knife http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1065 Midwife with a knife Fri, 18 May 2007 20:12:59 +0000 http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1065 I think it's interesting how doctors are expected to be so altruistic as to essentially donate much of their time. Yet, if you suggested to any other professional or tradesperson that they should donate a large chunk of their time (because, you know, that little old lady REALLY needs her cabinets), they would laugh at you. I think it’s interesting how doctors are expected to be so altruistic as to essentially donate much of their time. Yet, if you suggested to any other professional or tradesperson that they should donate a large chunk of their time (because, you know, that little old lady REALLY needs her cabinets), they would laugh at you.

]]> By: Hoover http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1056 Hoover Fri, 18 May 2007 03:34:03 +0000 http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1056 I completely agree Half. Back in the late 90s, there was a lot of talk and hype about going into IT and this was about the time that the .coms were soaring on the stock market. Then the .com bubble popped, and economy dipped a bit, and medical school apps picked up around 2000. It's probably not too far off to say that we might be seeing the tail-end of the 2000 upswing in medical school applications. If things continue to go south in medicine with more work, decreased payouts, and loss of autonomy we'll certainly see applications decline in the near future I think. I completely agree Half. Back in the late 90s, there was a lot of talk and hype about going into IT and this was about the time that the .coms were soaring on the stock market.

Then the .com bubble popped, and economy dipped a bit, and medical school apps picked up around 2000. It’s probably not too far off to say that we might be seeing the tail-end of the 2000 upswing in medical school applications.

If things continue to go south in medicine with more work, decreased payouts, and loss of autonomy we’ll certainly see applications decline in the near future I think.

]]> By: Half MD http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1055 Half MD Fri, 18 May 2007 03:26:51 +0000 http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1055 I don't know when the AAMC released this study (http://www.aamc.org/data/facts/charts1982to2006.pdf), but their data shows that applications to medical school are cyclical. You'll notice the peak in the mid-90's, followed by the drop in 2000, and then the upswing again that is currently occurring. The AAMC does not try to explain this behavior, but I think that it's due to the economy. When the economy is going great, people feel that they can make money in other fields and abandon medicine. When the economy turns south, college students flee back to medicine. I don’t know when the AAMC released this study (http://www.aamc.org/data/facts/charts1982to2006.pdf), but their data shows that applications to medical school are cyclical. You’ll notice the peak in the mid-90’s, followed by the drop in 2000, and then the upswing again that is currently occurring. The AAMC does not try to explain this behavior, but I think that it’s due to the economy. When the economy is going great, people feel that they can make money in other fields and abandon medicine. When the economy turns south, college students flee back to medicine.

]]> By: Hoover http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1052 Hoover Thu, 17 May 2007 20:53:45 +0000 http://www.medschoolhell.com/2007/05/17/a-look-into-the-deterioration-of-the-physicians-financial-lifestyle/#comment-1052 Good point Half MD. That information was actually copied and pasted from the original article into the blockquote on my site. I always quote information that's taken straight from the article of reference. I don't know where they got that information, but it wasn't referenced in the original article. Good point Half MD. That information was actually copied and pasted from the original article into the blockquote on my site. I always quote information that’s taken straight from the article of reference. I don’t know where they got that information, but it wasn’t referenced in the original article.

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