Do doctors get paid a weekly check?

Question

Ive always wondered how a doctor gets paid. Do they pick up a paycheck like the rest of us each week. Do they get paid hourly.

Answer 1

There salaried

Answer 2

1

Answer 3

Do Doctors Get Paid Weekly

Answer 4

It depends on who employs them and how it's set up. Many doctors are self-employed, so they may not get a weekly check....they might get paid every 2 weeks or every month, or they can access their money whenever they need it. If a doctor is self-employed, though, all the bills have to be paid and all the other employees have to be paid first. When you go to a doctor and pay $80 (for example) for an office visit, a lot of that goes towards overhead (rent, electricity, equipment and supplies, and salaries for the employees). Some doctors in a practice are partners, meaning they own the practice together, and some of them may be employees of the practice (they work for the doctors who are the owners).


If the doctor works for the hospital, they'll get a check whenever it's set up, usually every 2 weeks or once a month. Most doctors don't work for the hospital, though. Even emergency room doctors, radiologists, and pathologists usually aren't hospital employees; if the patient doesn't pay their bill, they don't get paid. The only hospitalists (doctors employed by the hospital) that I've known usually work mostly for the Intensive Care Units or in special situations. Most of us will never see a hospitalist, but if you do, you won't get a separate bill from him. You'll be billed for his services by the hospital.

Believe it or not, I have known a very few doctors who worked for a practice who didn't bring in enough patients to even get paid a regular check. Especially getting their practice started, it's very expensive. Sometimes it takes several years for doctors to make enough money to cover their expenses and start making a profit. I know one doctor who delayed building his house until he could "afford" it without going into debt. His family lived with their extended family while they saved money and built their house as they could afford it to avoid going into debt. When you see a brand new doctor living in an expensive house and driving an expensive car, he's probably under a huge amount of debt. I've seen too many doctors go bankrupt to count.

Doctors are just like the rest of us; if they live beyond their means, sometimes it gets them into trouble. The smart doctors I've seen over my career live frugally to save money until they can do the expensive things without going into a huge amount of debt.

Answer 5

Doctors traditionally were small business people. They made money based on the fees that they charged.

Over time this has changed with doctors working for hospitals or clinics and this trend continues today.

The pay scheme may be a fixed flat rate, or one based on how much work they do, eg if they do a marathon 12 hour operation they are going to pick up overtime.

In addition they may do a range of activities and gain money from a range of different things.

Answer 6

Depends, maybe some get paid monthly, others weekly and also depends what type of doctor they are. some get paid by the goverment and receive a base salary. while others have their private practive and charge individually to each patient they treat plus they get the money from the operations they do, that depends on the kind of procedure it is.

Answer 7

It all depends on what field they are in, where they work (ie clinic hospital etc) and how they work (regarding hourly or salary etc). But yes, they get paid via a monthly or bi-weekly pay check just like the rest of us mortals. hehehe :)

Answer 8

My mom gets paid twice a month, the check gets direct deposited and the stub is mailed...just like everyone else.

Answer 9

I think they get paid by the hour. but it would depend on what field of medicine and position we're talking about.

Answer 10

It depends on who you work for, different companies and firms have different policies