My attending made $300k in outpatient setting. private practice base comp (doesn't include benefits, bonuses, etc) 10%tile = $85k/yr, median = $206k, 90%tile = $315k from the 2012 data I have-- wouldn't expect psych to change much. Worthwhile skill that can be lucrative. There's a huge geographic bias, particularly in psychiatry. Again, this is an opportunity to generate significant revenue. This is the equivalent of $4,770/week or $20,669/month. Every source I’ve looked at says it varies greatly, from $60-150k. If you were willing to put in 80 hours/week as an attending psychiatrist, you could make bank. The average Child Psychiatrist salary in the United States is $216,200 as of October 28, 2020, but the range typically falls between $189,400 and $246,700. It seems to be the most accurate. Hope that helps. save. New comments cannot be posted and votes cannot be cast, More posts from the medicalschool community, Press J to jump to the feed. Posted by 1 year ago. I cannot give details about specific cases but will try to discuss clinical work in a general sense. Full-time (40) Part-time (20) Permanent (5) Casual (1) Location. I feel like this probably isn't the best place to look for helpful answers. Minus setup costs, probably 300k. Press J to jump to the feed. Docs make bank where I am. I would guess realistically 180-270K. I do agree that need is growing and given higher deman you will have leverage to negotiate. Remember the more you can provide- seeing all ages vs. just adults, speaking another language than just English can help increase your value. You can do cash practice, therapy only, charge $220 an hour in a big city. New comments cannot be posted and votes cannot be cast. Really appreciate the scope of your reply. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Not sure this is case in certain areas where there is less demand, e.g. That's pretty surprising, I figured there would be a pay cut for academic but not that much. Most attendings work 36 hours/week (12 hour shifts x 3/week). NYC. If so, that sounds about right. I've heard rumours of high end Manhattan psychiatrists who could easily charge $500-$1000 a session for high-end clientele and the numbers could run pretty good. In clinic-based private practice, pay depends heavily on your payment model. Most salary surveys report that psychiatrists work between 35-37 hours on average. 78. Total comp with benefits is another ~20 to 30%. In private practice, you can expect 250k for a 40hr week, 300k if you're doing mostly CAP. Ultimately, under current payment models psychiatry will never be paid as well as procedure-focused specialties. All of these things can bolster your pay. Some attendings have a "primary" day job of an academic position while having a part-time private practice on the side (e.g., working evenings/weekends in their own cash-based practice). We’ve identified 11 states where the typical salary for a Psychiatrist job is above the national average. 7. Job type. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. This can still be quite lucrative, especially if you have entrepreneurship skills and are ok with/interested in being more of a physician manager than a clinician. How much does a Child Psychiatrist make? These numbers appear correct. The downside is that you receive a set payment depending on usual insurance billing guidelines, the primary result being that there is an incentive to see more patients for a given amount of time - either by shortening your own visits or using physician extenders to act as a force multiplier for your time. However, comparing hour to hour, psychiatry can be one of the most well-paying "cognitive" specialties if you are willing to stray off the beaten path, have legitimate skills as a competent psychiatrist, can relate well to others, and have some degree of business acumen. These can pay up to $1000 per presentation, which essentially consists of 2 hours of your time with a free nice dinner talking about Abilify Maintena or whatever drug it is the company wants you to talk about. As of Nov 15, 2020, the average annual pay for a Child Psychiatrist in the United States is $248,033 a year. Awesome. Thanks in advance! While talking with your attendings in a training setting can be helpful, it is important to understand that if they have never worked in the community or private practice setting, they have a very limited and skewed view of the breadth of different psychiatric practice models - most of which are way more lucrative compared to the academic model. Press question mark to learn the rest of the keyboard shortcuts. You will obviously get paid less if your practice is based on insurance reimbursement rather than a cash-based private practice. Great reply! In my area, it is not uncommon to wear multiple hats. Values will vary widely given experience, location, inpatient vs. outpatient, child vs. adult, etc. Page 1 of 59 jobs. I’m a senior undergrad psychology major and am planning on getting my doctorate and becoming a clinical psychologist. The upside, though, is that there is less competition and so less pricing pressure on you to be cheaper. third year resident here somewhat discouraged my outpatient year isn’t quite what I hoped for, just too many difficult, rude, demanding patients I struggle to empathize with a lot of the time :/ Edit: I was expecting to do outpt work after residency. Here in Canada it varies quite a bit based on how much you work. Job Summary* Iris Telehealth is looking for a Child & Adolescent Psychiatrist who can provide 16-40 hours per week of telepsychiatry…* Completion of a 4-year ACGME Residency Program in Psychiatry Experience in an outpatient community mental health setting Experience treating child and adolescent psychiatric patients Active medical license(s) in the U.S… A lot of this will depend on where you're working and what practice type you're in (academics, community, etc). We are not a subreddit to ask psychiatrists questions either about individual situations about psychiatry generally. Obviously most psychiatrists don't do this. Would med students really even know what the salaries are? In my area, it isn't unreasonable to have a fee of $200-300/hour - even more depending on your particular situation. And it doesn't necessarily have to be in the boonies either. In other areas of the country, however, academic positions can pay quite poorly. English (59) Upload your resume - Let employers find you. This is the equivalent of $4,582/week or $19,857/month. Filter by location to see Child Psychiatrist salaries in your area. Another relatively popular "second job" is being on the lecture circuit for pharma - basically hosting "drug dinners" and giving presentations about on-patent medications. Many are entering fellowships (child/adolescent, geriatric, substance abuse, consult & liaison). The hospital I recently left had just hired and moved 3 psychiatrists (with experience) across the country. 141 Child Psychiatrist Salaries provided anonymously by employees. Vancouver, BC (7) Kitchener, ON (6) Edmonton, AB (5) Company. At this institution, psychiatrists working in the psychiatric ED make essentially equivalent salaries to ED physicians. I mean I know a psychiatrist making about 500K/yr but he works in a rural area (i.e. 1. You're not going to see much of a salary change through your career, other than adjusting for inflation. Most people that I've spoken with say that you will be able to have a busy (i.e., filled with a waiting list), insurance-based practice within 6-12 months of getting paneled and opening your doors. In my area, this can be ESPECIALLY lucrative as there is a huge shortage of forensic psychiatrists in my area, and you have the benefit of being employed by law firms/courts (which will generally pay you - and pay you well - for your services) rather than patients. At my training program, a junior attending will start off making $200-225k/year for a "typical" position (e.g., inpatient faculty, outpatient faculty) for a newly graduated resident. 57 comments The down side in this setting is that you are expected to be productive (i.e., generate RVUs), often carry a large cohort of patients, and have to work in the private setting with the negatives that come along with it. Thanks! Hoping some students who are interested in psych or psych residents/attendings could weigh in. I would be amazed that anyplace looking for a board certified psychiatrist would be picky about ... Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email Link.