-
Texas private practices?
Anyone familiar with the PP groups in either Austin or Dallas? Looks like ARA is the big one in Austin and there’s a few in Dallas (RANT, TRA, ARA). Looking for any insight regarding independent ownership, culture, salary, etc.
-
23 Replies
-
Already multiple threads about this. Austin is radpartners, Houston is predominately radpartners and DFW has large private practices. PM me for specific questions.
-
RANT isn’t just one group. It’s a megagroup with many different tiers and compensation levels/tracks depending on what part of it you join. TRA is a real private practice. Above average compensation and a decent sized buy-in. Don’t know much about ARA Dallas but you’re probably losing a bunch of income to subsidize the academic arm of the group.
There is no private practice in Austin. It’s Radiology Partners (ARA), Baylor Scott and White, or corporate outpatient imaging centers (Touchstone, Longhorn Imaging).
Make sure you’re okay with sitting in traffic and driving 30 minutes – 1 hour+ a day to your clinics and hospitals as the junior bitch radiologist who has no home site and fills in everywhere.
-
Can you still make a fortune in non-metro Texas? West Texas? What about San antonio and other places?
-
STRIC in San Antonio is probably the highest paying private practice in a major metro area. Maybe like 900k or 1 mil? But it’s a work hard group with 9 weeks of vacation as partner and like 2+ mil buy-in. HRA in Houston you might get into the 800k range but the partnership track is like 5 or 6 years. There’s another equity level above that but I never got solid numbers on what those guys make.
If you’re open to cities like Amarillo, Lubbock, Beaumont or Corpus Christi you can pull 800k on a reasonable 1-2 year partnership track.-
How many wRVU/day does RANT/TRA/STRIC/ARA expect?
-
Do these numbers include benefits (401k, etc) or on top of it? I always wonder when ppl discuss salary.
-
So on a salary o 800K, your deal breaker is 8K insurance and 18K 401K?
-
No, just a question. There is a bigger delta for total compensation. Our “salary” figure doesn’t include $66k 401k, $20-25k health insurance, malpractice, and some other stuff like light disability, etc. So yes, I want to know if it’s more like $700-720k + benefits or $800k+ benefits (closer to total compensation of $900k). And not for this job in particular, but when people discuss compensation in general.
-
Join RANT if you want to be driving all over the state (remember the state of Texas is bigger than many countries), want to make in the 450-500 range max with NO upside whatsoever, have zero say in the day-to-day running of the group, and you as a rad are basically a miniscule cog in a very large wheel/machine. The mid-level managers and upper level “suits” will have way more power and control than you (and in many instances a better incomes).
-
Is RANT an RP group?
-
“”Is RANT an RP group?””
No it is not. However, RANT is probably worse for the individual rads than PE groups.-
Just work remotely and live wherever you want haha.
-
HRA houston partnership track is 10 years. Most rads typically elect employee positions. Their numbers per RVU are about 5 percent better than houston RP practices but HRA is way more stable than the RP groups.
As others have chimed, the money is all outside the metros unfortunately. -
RANT has “practices” as far east as Tyler/Longview… are those practices equal partners? How is call shared? Is it one giant pool reading studies from Shreveport to Lubbock by central command?
-
RANT does have some presence in East Texas. Takes a nice chunk out of the private practices as management fees and leaves the rest. They take care of nights, recruitment, billing etc.
From what I ve heard, the skim from RANT isnt as bad as RP but much worse than what you would make if it were a truly private group with your own billing, etc -
RANT in Lubbock and Tyler/Longview can get up to 800k but the rads in Dallas don’t make anywhere near that.
-
Blue, you are right but these same rads were pulling 7 figures before RANT.
-
Of course they make big money in those places, Texas outside the big metros is a wasteland
-
Unfortunately the BFE places in Texas were the final bastion of resistance to PE/mega groups but the resistance to an extent is futile.
-
-
-
I bet you are a treat at cocktail parties lol
Just teasing ty for the intel
-
-
-
-
-
Can confirm STRIC #’s. Former co-resident of mine joined this practice a few years ago who likes the job. Work hard group for sure. Fully bought in partners make more I believe. High buy-in due to ownership of alot of imaging centers.
-
Wow $2 Million buy-in. That’s insane. Does a portion of your salary go towards the buy in? If that’s the case then it’s not worth it even if the comp is close to $1 million. Would take years to pay the $2 million in post-tax dollars.
-
That depends on the rate of return. Anyone know what they receive in exchange for that buy in?
Quote from 9000tesla
Wow $2 Million buy-in. That’s insane. Does a portion of your salary go towards the buy in? If that’s the case then it’s not worth it even if the comp is close to $1 million. Would take years to pay the $2 million in post-tax dollars.
-
-
-
-
-
