Introduction: The Myth of Physician Job Security

For most of medical training, we’re told the same story:


Get a good job. Join a big system. Collect a stable paycheck. Live happily ever after.

But here’s the reality no one talks about:

Being an employed physician might actually be the riskiest career move you can make.

I know—that sounds backward. But I lived it.

In fact, the “stable” job I started with almost broke me. It limited my income, controlled my schedule, burned me out, exploited my work ethic, and made me realize I was nothing more than a cog in a billion-dollar machine. That experience ultimately pushed me to build my own multi-million-dollar private practice here in Texas—Thrive Medical Clinic. And today, as I prepare to open my fifth location, I can confidently say this:

Starting your own practice may be one of the safest long-term decisions you can make as a physician.

This blog post dives into exactly why.

 

 

1. The Illusion of the “Safe” Employed Job

My early hospitalist career looked great on paper—until it didn’t.

After residency, I started as a full-time hospitalist. The job had its perks:

  • Zero startup costs

  • Immediate patient volume

  • Predictable paycheck

  • Clear schedule

For a while, it felt perfect.

But as months went on, cracks started forming—and those cracks quickly became red flags.

Private Equity Entered the Chat

When private equity took over my group, everything changed:

  • Medicare cuts hit.

  • Administrative layers multiplied.

  • Pressure skyrocketed.

  • Volume expectations grew.

  • Patient care quality was de-prioritized.

Suddenly, I had to work harder just to make the same income, and even then, my pay still went down.

This is when I first learned the harsh truth:

Your employer’s goals are not aligned with yours.

What you want:
→ Time with patients
→ Quality care
→ Reasonable schedule
→ Competitive compensation
→ A sustainable career

What your employer wants:
→ Higher throughput
→ Lower cost
→ More billable encounters
→ Maximized profits for investors

Those two worlds clash. Hard.


2. The Numbers Don’t Lie: Underpaid and Overworked

Top 1% in productivity… paid like the 60th percentile.

Here’s the moment that shook me:

I discovered I was billing nearly 12,000 wRVUs per year—99th percentile productivity.

But my income?
62nd percentile.

Let that sink in.

That meant one of two things:

  1. My employer had terrible billing practices, OR

  2. They were making an absolute fortune off my work

Either way, I was getting the short end of the stick.

The Wake-Up Call Meeting

It all culminated in a bizarre meeting with the chief medical officer.

Why?
Because I dared to spend time having meaningful palliative care conversations with families.

Not rushing.
Not pushing consults off.
Not treating dying patients like throughput units.

Their response?

“You should have been admitting and discharging more patients. That’s how we make money.”

In other words:

“Stop practicing good medicine and start producing more billable units.”

That was the moment I realized something profound:
This environment will never let me practice medicine the way I believe is right.


3. The Loss of Autonomy: Your Time Isn’t Your Own

You are always one sick call away from losing your day off.

You know what feels horrible?

Pouring everything into your job…
Sacrificing weekends, holidays, sleep, and mental health…
And then being guilt-tripped for saying no to a last-minute shift.

I remember being offered a $100 bonus to come in on my day off.
When I declined, they made it $200.

Two. Hundred. Dollars.

And during some of those shifts I was admitting up to 25 patients in 12 hours.

They knew exactly what they were doing:

Your loyalty is their leverage.

But your schedule?
Your autonomy?
Your personal life?

It all belongs to the employer.

If the system needs you, you’ll be pressured. If you need the system, you’ll wait.

That’s the reality of being employed.


4. The Ceiling Effect: Your Income Is Capped Forever

No matter how hard you work, you’ll always earn what someone else decides.

Here’s a harsh truth no one tells you:

As an employed physician, your income is permanently capped.

That might feel fine in the beginning.
But over time, you’ll see what I saw:

  • More patients

  • More documentation

  • More bureaucracy

  • More administrative tasks

  • More hour creep

  • More burnout

…all while making the same (or less) money.

Because when Medicare cuts rates…
When private equity wants more ROI…
When your system decides to “optimize staffing”…

Guess who pays the price?

You.

And that’s why entrepreneurs have a different mindset:
Your earning potential should scale with your effort—not be dictated by a committee.


5. Burnout From Empty Promises

“We’re hiring more help soon.” — 9 months later, nothing changed.

One of the most psychologically damaging parts of my employed job?

Empty promises.

“We’re getting more staff.”
“We’re hiring more hospitalists.”
“Help is around the corner.”
“We’re onboarding soon.”

Months passed.
Nothing changed.

Meanwhile:

  • I was caring for 30–40 patients a day

  • Nights were brutal

  • Holidays were gone

  • Weekends disappeared

  • Burnout became the norm

And through all of it, the hospital repeatedly acted like it was:

  • Understaffed

  • Underfunded

  • Barely surviving

Yet they were simultaneously undergoing a $900 million expansion project.

Funny how that works.

When an employer constantly tells you they’re broke, yet spends like they’re rich… you’re being played.


6. The Most Overlooked Risk of Being Employed: No Legacy

If you die tomorrow, you’re replaced tomorrow.

This might be the darkest part of the story, but it’s important.

When you’re employed:

  • Your work can’t be sold.

  • Your role can’t be passed down.

  • Your family gets nothing from your job if you die.

  • Your employer replaces you immediately.

I remember thinking:

“If I drop dead tomorrow, the only thing my family gets is a life insurance payout. That’s it.”

No equity.
No assets.
No brand.
No ownership.
No legacy.

That realization hit hard.

When you build a practice, you’re building an asset that can outlive you.

You’re building:

  • Financial stability

  • A company name

  • A legacy

  • A service to your community

  • Jobs for your staff

  • Something that has value even when you’re gone

The very idea that a job could give me none of that was unacceptable to me.


7. Why Entrepreneurship Became the Safer Path for Me

People think entrepreneurship is risky.
But here’s the truth:

Working for someone else is risky when they control 100% of your income, schedule, and destiny.

Starting my own practice removed that risk.

Because I built the control.

Today:

  • I own a thriving multi-million-dollar practice

  • I have five clinic locations

  • I control my schedule

  • I control my income

  • I decide how I practice medicine

  • I’ve built something that outlasts me

  • I’m no longer replaceable

This didn’t happen because I’m special.

It happened because I refused to let an employer dictate my life.

Entrepreneurship isn’t the risk—it’s the escape from the risk.


8. Why YOU Might Be Feeling The Same Pull Toward Independence

Physicians message me every day saying things like:

  • “I’m tired of being overworked.”

  • “My employer keeps cutting my shifts.”

  • “I’m making less every year.”

  • “I want more control.”

  • “I want to treat patients the right way.”

  • “I want something that grows.”

  • “I want a legacy.”

And I tell each of them the same thing:

If you’re feeling that pull, pay attention. It means something is misaligned.

Maybe your employer is limiting you.
Maybe you’ve hit your income ceiling.
Maybe the bureaucracy has worn you down.
Maybe the schedule is killing your personal life.
Maybe you’re tired of being replaceable.

Or maybe, like me, you simply want more.


9. Opening Your Own Practice Isn’t Easy—But It’s Absolutely Worth It

Hard work isn’t the obstacle. Misaligned incentives are.

I’ve never met a physician who’s afraid of hard work.
We survived:

  • Organic chemistry

  • Step exams

  • Residency abuse

  • 80–100 hour weeks

  • Constant scrutiny

  • Traumas and tragedies

We’re built for challenge.

So when people ask me:

“Was opening your practice risky?”

I tell them:

It was less risky than staying somewhere I knew I didn’t belong.

What’s actually risky?

  • Staying in a job that limits your potential

  • Trusting your income to administrators

  • Letting Medicare cuts dictate your earnings

  • Working for companies driven by investor profit

  • Ignoring burnout until it’s too late

  • Spending your life building someone else’s dream

Compared to that?

Opening your own practice is liberating.


10. Final Thoughts: The Safest Bet Is Betting on Yourself

At the end of the day, here’s the truth I wish more physicians knew:

Entrepreneurship is not about ambition—it’s about survival.

If you feel undervalued…
If your employer limits you…
If you’re working harder for less…
If your schedule controls your life…
If your legacy is nonexistent…
If you want to practice medicine the right way…

You owe it to yourself to consider private practice ownership.

I did it with no business background, no special skills, and no formal leadership training.

Just:

  • A willingness to work hard

  • A willingness to learn

  • A willingness to fail forward

  • A willingness to break out of the system

And today?

I’m living proof that it’s possible.

The riskiest thing I ever did was stay employed.
The safest thing I ever did was bet on myself.