When you acquire a specialized skill of value, people will pay more for your services. As famed management writer Peter Drucker once said, “The economic and social gravity of America will increasingly accommodate the knowledge worker class”. This has been, and is, especially true in the medical community where the price that wealthy Americans are willing to pay for healthcare in favor of themselves, their spouses, and children knows almost no bounds.
Even into the late 1990s, the advantage of affluence meant that you might have gotten the hospital room all to your yourself, some better food, and the likelihood that you would get a good doctor because wealthy people tend to live in wealthy areas and top-tier doctors tend to congregate at such hospitals.
But, in the past ten years, the best doctors in a given area have realized that they could earn annual incomes in the range of … Read the rest of this article!