Financial implications of serving as team physician

Larry Lemak1

  • 1Alabama Sports Medicine and Orthopaedic Center, Birmingham, AL 35205, USA. jkonin@health.usf.edu <jkonin@health.usf.edu>

Insights

For sports medicine physicians, time is a significant financial cost when serving as a team physician. The financial viability of this role depends heavily on personal satisfaction and intangible benefits outweighing the time investment.

Area of Science:

  • Sports Medicine
  • Medical Economics

Background:

  • Physicians generate revenue primarily through their time.
  • The role of a team physician involves a significant time commitment.

Purpose of the Study:

  • To analyze the financial implications of the time cost for sports medicine physicians acting as team physicians.
  • To evaluate whether the intangible benefits of being a team physician justify the financial burden.

Main Methods:

  • Qualitative analysis of the time commitment associated with team physician duties.
  • Assessment of revenue generation versus time expenditure.

Main Results:

  • Time is identified as the primary negative financial burden for sports medicine physicians in team roles.
  • The financial return on investment for team physicians can be low if not offset by personal satisfaction.

Conclusions:

  • Serving as a team physician may not be financially prudent for individuals, their practices, or families.
  • The decision to be a team physician should weigh financial costs against personal and intangible rewards.

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