Tuesday, November 01, 2005

Part II: The Cost Of........

1st Steps. The Cost of:

Becoming a doctor $100-150,000
Taking USMLE Step 3 $635
Obtaining a State Medical License $600
Obtaining a DEA Registration Certificate $390
Becoming a Board-Certified Physician $1000
Obtaining a UPIN $0
Becoming credentialed with major insurers $10 (postage; feels like $2000 of aggravation)
Applying for Hospital Privileges $0 (feels like $500 of aggravation)
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TOTAL $152,635

2nd Steps. The Cost of:

Forming a Business Entity $415
Applying for an IRS EIN $0
1st Year's operating expenses $70-100,000 (loan)
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TOTAL $100,415 (feels like $500,000 of sweat and hard work)

AND FINALLY, THE COST OF BEING YOUR OWN BOSS !!!! PRICELESS !!!!

3 Comments:

Blogger Dr. Charles said...

plus lots of incidentals, i admire your courage and entrepreneurial spirit, i'll be following along closely!

12:53 PM EST  
Blogger Medicine Man said...

Yeah, you gotta be bold. Others did it before you, so it's not unattainable, no matter what they may make you believe.

10:38 PM EST  
Blogger Technical Force Team said...

Beautiful Post Supporter

4:32 PM EDT  

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