The Ultimate Guide For Discovering Your Best Fit: Hospital Or Private Practice

After years of dedication to the specialty area and with just a few months left … Read more

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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Jump Starting Your Job Search While In Medical School: Part 2

Read  about steps 1 and 2 in Part 1 of this series  here.
Right now, your number one priority is, very understandably, focusing on your medical school workload. Still, it’s never too early to start thinking about your job search. There are easy steps you can take now that will prepare you for your job search and give you a competitive advantage when it’s time to start applying. 

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The Important Considerations for Starting a Career in Medicine

You’ve finally finished all those years of training and now it’s time to make a decision second only to choosing a spouse—what you will do for the rest of your life. You’re probably thinking about salary and getting rid of debt, but those are secondary issues. First of all, your employment choice should fit with your long-term vision and plan for you and your family. Second, you should fit into the culture of your future practice or organization.
Long-term plan, what long-term plan? I’ve just been trying to make it through all these years of residency. Probably so, but now it’s crucial to think down the road at least ten years. Make sure that what you do next year gets you to your desired future. What do you want to be doing in ten years? Private practice? Hospital employee? Academics? Where? Does the proposed location meet the needs of your spouse and family?

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Getting Ready For Private Practice

I remember the time I was a senior resident. It was the beginning of my final year of postgraduate training. I knew I had decisions to make. I was conflicted. Would I go into academics or would I go into private practice? This was the first question I needed to answer.
Throughout medical school and residency, the allure of academics and the urging of my professors had led me down the path of academics. The collegiality and sense of purpose with academics made this a difficult choice for me. I did not want to disappoint my professors. However, I wanted to get into private practice. Honestly, I wanted to make some money. It had been a long haul, and twelve years of education and training had brought me to this juncture. I had no debt, thankfully. But I had no money either.

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