Document Detail


Income differentials required to make fellowship training in female pelvic medicine and reconstructive pelvic surgery financially neutral.
MedLine Citation:
PMID:  17607498     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
We used standard financial techniques and a return-on-educational-investment model to calculate the required annual income necessary to render additional fellowship training in female pelvic medicine and reconstructive pelvic surgery financially neutral. To explore a range of potential outcomes, we conducted a sensitivity analysis that used various discount rates and retirement ages. Compared to obstetrics/gynecology residents who go directly into private practice, residents who pursue fellowship training in female pelvic medicine and reconstructive pelvic surgery experience a financial loss of more than $400,000 to $600,000, assuming there is no income differential after fellowship. To render the additional training financially neutral requires an annual income that is 16-31% higher than that of general obstetrician/gynecologists. Required additional annual income was on the lower end of this spectrum when modeling later retirement age estimates and using lower discount rates. Fourth year obstetrician/gynecology residents considering female pelvic medicine/reconstructive surgery require higher incomes over the working lifetime to render fellowship training financially neutral.
Authors:
Tyler M Muffly; William B Weeks
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Publication Detail:
Type:  Journal Article; Research Support, U.S. Gov't, Non-P.H.S.     Date:  2007-07-03
Journal Detail:
Title:  International urogynecology journal and pelvic floor dysfunction     Volume:  19     ISSN:  -     ISO Abbreviation:  Int Urogynecol J Pelvic Floor Dysfunct     Publication Date:  2008 Jan 
Date Detail:
Created Date:  2007-11-28     Completed Date:  2008-03-18     Revised Date:  2011-08-18    
Medline Journal Info:
Nlm Unique ID:  9514583     Medline TA:  Int Urogynecol J Pelvic Floor Dysfunct     Country:  England    
Other Details:
Languages:  eng     Pagination:  151-6     Citation Subset:  IM    
Affiliation:
University of Missouri at Kansas City, Kansas City, MO, USA. tylermuffly@hotmail.com
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MeSH Terms
Descriptor/Qualifier:
Education, Medical, Graduate / economics*
Fellowships and Scholarships / economics*
Female
General Surgery* / economics,  education,  manpower
Gynecology / economics*,  education
Humans
Income
Male
Obstetrics / economics*,  education
Pelvic Floor / surgery
Salaries and Fringe Benefits / economics*
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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