Replies to post #81435 on Biotech Values

[apljack]

"Great post, tinker, but I suspect it will not be well received by some of the PhD regulars in these parts"

Not from this one. Medicine, Law, Science, all have some who have been attracted to these as a calling, some who have been drawn to the business, and some because it is a "racket".

I am a clinical Ph.D. I spent the endless hours of clinical training, not unlike that spent by MD's, got paid a pittance, and became a patient oriented clinician. I have colleagues who run efficient businesses with their practice, and know some god awful mental health practitioners who run a racket (ever heard of a medicaid mill?).

Biowatch, I pay liability ins. but thank goodness that it pales in comparison the the fees that some physicians have to pay. as long as we mental health practitioners keep our hands to ourselves, our risk of harm is pretty low. That said, our reimbursement rates are also pretty low.

aj