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There was a day when a doctor unexpected took his name place off his successful medical office in California to have it bolted to a corporate office. He remembers his decision was based on becoming bored with his job. Talking and listening had become the extent of his job as a doctor. The high cost of malpractice coverage forced his group of associated physicians to cease offering particular services such as obstetrics, surgery and treating complicated medical issues. He was no longer a physician, but merely a conduit between the patient and a specialist. Now, that doctor works as the assistant director of medical development for a pharmaceutical maker based in New Jersey. He has become one of a growing number of doctors who discovered a niche they like in the world of corporations. The physicians who have become affiliated with corporations are fatigued by the trials of private practice, the prevalence of governmental and insurance-related meddling in medical matters, the political atmosphere in academia and the necessity of drumming up research money. Seeking to improve their employee health and product safety, one city is more than eager to acquire these doctors as employees. Almost all of them still operate in the medical setting, whether it is in drug research or occupational health; however, business has come to reveal a more durable appeal for others instead of medicine. They've even found that the benefits of this change in pace are competitive to what they were used to in private practice. With nice 9 to 5 workdays, plenty of holiday time, company covered insurance, travel and a great salary with plenty of benefits, these doctors can earn as much if not more than a private practitioner. Although there are thousands of full time corporate M.D's in the U.S, they equal under 2% of the entire physician population. You will find there is also a huge amount of occupational physicians, these doctors will cover anything from employee health to the safety of a workplace and product. In similar but part time positions are more than 10,000 other doctors. Other doctors are working in pharmaceuticals, while many thousands choose to work as underwriters and claims consultants for insurance companies. The position of chief medical director with one of the many major insurance companies is a common career track for a many of the corporate doctors. With an existing private practice already in place, he accepted part time employment with a restaurant corporation, as it was offered to him and it provided an income stream. At that time, the physician was working at a rapid speed, inspecting upwards of 60 food handlers per hour. He reluctantly gave up his medical practice when he accepted the position of medical director for two movie studios. The potential for providing preventive medical care was immense, and he was not restricted in his initiatives, since the patients were not responsible for paying him. Corporate physicians in the past were viewed as those who had been unsuccessful in private practice. Their role was perceived as being limited to the treatment of minor injuries, writing prescriptions and performing check-ups for otherwise healthy patients. Occupational and product safety laws have provided respectability and influence to the corporate physician, bringing about a change in public opinion. As the medical director who works for a large telecommunications company in New York stated recently that it was really refreshing to finally be legitimate. Younger doctors will probably find the salary/benefit packages allow them to do as well as or better than they might otherwise do. Older doctors can usually afford to sacrifice gross and net income for the benefits of corporate medicine. Some corporate physicians say that they are getting the last laugh when it comes to job satisfaction, career earnings and quality of lifestyle. In the past, many of my colleagues believed occupational medicine to be a poor choice. It is the opinion of some of those in corporate practice to believe that private practice physicians envy them. Corporate physicians making the most money are those who have abandoned traditional practice. There is one doctor aged 78 who is now a multimillionaire after never practicing medicine. He revamped his father's failing drug company while still in medical school and made his first million dollars. Following medical school graduation, he purchased a surplus army field hospital, which he erected in the impoverished Ural Mountain area in the Soviet Union. He was savvy enough to make the trade contacts he would need in the future after he discovered that food was more necessary than medicine.
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