Medical Practice Settings: A Quick Guide for Young Physicians

practice settings

For a physician about to finish residency or fellowship, the differences in practice types may seem unclear. Each type of practice has its own positives and negatives, and some may be a better fit for your career needs.

If you are starting your job search, or at least thinking about your future practice options, you should be weighing the pros and cons of each practice type. Keep reading to see the upsides and downsides of each and how they differ from a residency or fellowship training environment.

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Academic Medicine? No way! (But are you so sure?)

The doctor business is win-win: doctor wins, patient wins. In sharp contrast, the legal profession is a win-lose dichotomy. That is one reason why we choose medicine. It is a huge difference in psychology that gets into our very bones. Becoming a doctor is a highly noble pursuit. Being a doctor is fun, exciting, worthwhile, productive and assuredly positive. Doctors create wealth in the world by increasing the ability of people to pursue their happiness. What in the physical realm could be more worthwhile than that?
But medicine can be an all-consuming life choice. Before embarking on it, ask yourself if you can tolerate sacrificing a large percentage of everything else you enjoy to do, and everyone you like to be with, for a long time. The job is great. No doubt about it. But don’t naively minimize the sacrifices. Is it worth the sacrifice? Don’t let anyone other than you decide that.

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