For many physicians, whether you’re just graduating from a residency program or you’re looking to make a career move, one major question that you, and your family, have to decide on is, “Where am I going to live and practice?” With physician shortages around the country, chances are the answer to that question, realistically, is wherever you want. So, what is it about Florida that makes it such a popular destination for physicians to practice? While I’m sure some of the reasons won’t surprise you, some may just convince you that you too should consider practicing medicine in the great state of Florida.
There’s a reason it’s called “The Sunshine State”
As the northern half of the country spends six to eight months out of the year, or even longer, cold and covered in snow and ice, Florida’s temperatures rarely dip below the mid-50s. According to U.S. Climate Data the average high in December, January and February is a relatively warm 65. When it warms up in the spring and summer months, you get the late afternoon rains that come through and last just long enough to keep everything green and luscious.
While there are a few other states that average more actual days of sunshine, you would be hard-pressed to find one that offers everything that you can find in Florida.
Florida lets you keep the money you earn
That’s right, Florida has no state income tax. So more money goes directly into your paycheck. Considering the high cost of becoming a physician and the average amount of student loans that physicians have coming out of residency, this extra money can go a long way in helping to offset some of those costs.
Consider this, the average salary of a new primary care physician is between $173,000 and $185,000 (according to the study that looked at data from George Washington University’s School of Public Health, the American Association of Medical Colleges and Medscape). If your state takes just 5% of that, and it is much higher in some states, they are getting between $8,650 and $9,250 per year. If you were to take that extra cash and put it toward student loans at the end of the year. You would literally save thousands more in interest over the lifetime of the loan.
No shortage of patients
Remember the physician shortage that I mentioned earlier? Well, it turns out that even with all the great things that Florida has to offer physicians, it is still experiencing the effects of the shortage. According to the 2016 Physician Workforce Annual Report published by FloridaHealth.gov, nearly two-thirds of the physicians in the state of Florida are age 50 or older. Which means that they are, or soon will be, considering retirement. To make that statistic a little more real, that is more than 28,000 physicians!
According to the same report, the issue is even more severe considering that the population of the area continues to increase. During the past five years, the population of Florida grew from 18.7 million people to 19.8 million.
While this issue is certainly not isolated to Florida, you can certainly see that they could use your services and this can be used to your advantage. If a position has been vacant for a long period of time they might be more willing to negotiate a higher salary or perhaps include a student loan repayment package or some other incentive. Remember, it never hurts to ask.
Live the dream every day
What good is having all that beautiful weather and saving all that money from no state income tax, if you have nothing to do? That’s why we’ve saved the best reason to practice medicine in Florida for last. Basically, no matter where you choose to live in the state, you either live in or close to a place that most people can only dream of vacationing.
Think about it. There’s Daytona Beach, Miami, Disney World, Orlando, Fort Lauderdale, Tampa, West Palm Beach and so much more and not to mention you’re literally surrounded by beaches. Miles and miles of beaches with gorgeous white sand and warm crystal clear water just calling for you to spend a day relaxing under an umbrella. Regardless if you’re the outdoor type who will enjoy off-shore fishing or exploring the everglades, or if you prefer taking the family to meet Mickey, Minnie and the gang there is no shortage of activities.
Like sports? Florida’s got that covered with two professional sports teams in baseball, basketball and hockey and three NFL teams. Word has it there are some pretty good college teams in the state as well. What about shopping and world-renowned restaurants? We’ve got that too! Or maybe you like to live it up and experience the nightlife that places have to offer. Look no further than the ultimate in hotspots, Miami’s Downtown and South Beach areas.
No matter what you like to do in your spare time you’ll be able to find world-class accommodations around every corner and if you need a little help deciding what to do just check out visitflorida.com for some great ideas and information on everything Florida has to offer.
Florida is an incredible place to live and practice medicine. From the pristine coastline and perfect weather, to the sites and attractions that draw millions of tourists to the state each year, you can be sure that the only thing better than vacationing in Florida is actually getting the chance to live there.
If you are a physician who is looking to take advantage of all the great things the mentioned above let us help you find the perfect position for you. We have multiple positions available throughout the state and we are always here to help. Call us at 800-433-6726 or visit mcadocs.com today.