My boss is a surgeon at gleaneagles and hukm rake in 400k++ per month

some get Rm150k-300k per month 

Never pay tax can la...ask hospital to underpay then balance send to own consultation. My friend specialist OBYGN told me that. But 300k a month is over stated, 100-150k a month gross maybe, its the profit sharing end of year and bonus can earn you 500k-2m depending on jow high and femes you are. Another friend in a specialist center near St Georges school is a prof and dato also gets high profit sharing but monthly less than 200k. Perks are better if you are consultant specialists and above.
IRB going after these surgeons anyway..

I have a good number of clients who are medical specialists. They start from RM40k a month and up

great. meaning malaysian income now rm 100k a month?

because malaysian use generalization to think.

You can start here: I am a service provider in the finance industry, so I get to see people's financial details

Medical specialists really start with RM40k in the private industries; but they are akin to running a business within the hospital, so their income can fluctuate quite a bit. Currently I am doing a service for a specialist, she earns about RM20k plus in her first month in the private sector after about 15 years in the public sector, and hey highest in come so far is RM60k.
You are right, medical specialists really do make money. Those who do not have first-hand knowledge/experience should not talk nonsense they do not know about; I am at the forfront of people's finances, I know more about my clients' finances than their own spouses

My Brother inlaw Cardiac Surgeon +-RM280K/month, My sis in law Family Physician RM 12k/month.

100k+average in private hospital per month

Anyway, I think the whole thread has run off topic..

hope the info helps any budding doctor out there or those thinking about a career in medicine.

Holidays over, no time to reply now.. Take care guys.

I am happy to take PMs if anyone has any burning questions.

Im currently servicing a medical specialist client, last year she was drawing RM9k basic with fixed allowances that brought her total gross monthly income to RM18k

She got into private hospital in the same year and now earns on average 40k a month on a 6-months payment vouchers. Not bad if I can say so myself

They should all leave GH!!

Depends on how popular the medical Center and how popular the specialist is.
Lowest I heard of is less than 15k during bad month like during Chinese New Year.
Average in medium-sized town is30-40k for non-surgical based. Surgical based usually double the amount. Popular surgeons easily 150-200k in medium sized cities

What do you mean have I met? I just wrote that I am currently servicing her finances, and I get to see her latest 6 months payment voucher

So have I met people like her? Errr.... Yes? I have indeed met her

Hmm.. here's the thing.. What is it to anyone how much a private surgeon can earn ?

If he has good results and people want him to operate, then he deserves the business he gets. If he does the job he gets the pay.

Fee wise, there is a limit set by the MMA/ MOH .. unlike singapore where they literally charge anything they want.

There are smaller centres that are cheaper and the Dr may discount more as well, so there are options out there... but the big centres won't really go down the discount game.. its a race to the bottom.

One of the reasons why high earners don't reveal their income (except all the /K heroes    ) .. is they draw too much flak and people questioning why they should earn so much etc etc...
Thats why i decided to delete the post earlier on income.

Yes I have. They are usually on the older side

Hi Sean

No worries, civil discussion and debates are always welcome. We can all work together to educate others.

Salary is obviously a sensitive issue to many, and a closely guarded secret... so getting accurate information is difficult. Doctors like many professionals generally don't report to job websites or openly discuss it in forums (they are usually too busy anyway) so theres little first hand knowledge on the income scale. Only LHDN has all the details..        no joke,, they really know everything  LOL.

Without going to specifics....generally majoirty of Doctors in private after a few years established will fall into the range or RM50-80K / month. Larger centres with higher volume will reach 100-120K ...
200-300K/ month definitely exist , but less common but you've got to be good in your field and good in marketing yourself. I won't go into the details of who and what field here.

The discussion of whether they should be allowed to earn that much is another sensitive subject. Limiting income is a communistic approach, it disincentivises work and innovation. you risk falling into public sector mentality - don't look for too much work and go home on time eveyday, use all your MC and AL allowances
I totally agree that healthcare is a human right. I don't think anyone should doubt this fact.
The reality is who pays the bill for this free healthcare ? .. and to what level can we realistically provide free or cheap healthcare to everyone?

The rate at which medical technology is moving is shocking... so is the cost escalation due to this advancement. Who pays for it? Increase income tax further ? take the budget from other departments? The NHS is probably the best example of a comprehensive free public health system. Their budget was over GBP 130bil in 2019 , which is nearly our entire budget. The ENTIRE budget on healthcare. And even then they are not coping. Waiting list for elective ops are over getting longer and longer. Emergency departments waiting times are over 4 hours and  transferring patients to other hospitals around the region to offload. They restrict usage of high end drugs and cutting edge treatments as well to those they deem most needing, even though less severe cases will benefit as well. Its all based on cost benefit ratios rather than just pure benefit.

The American (or rather republican) view is that everyone should buy insurance to cover themselves to get the best treatment when they need it. Rather than everyone pay into and inefficient public system. This obviously has many of its own problems as you rightfully pointed out.  But Cost benefit is not an issue in this model.. you get the best current treatment for your condition. period. (I'm going to go into defensive medicine and litigation of the US system here).

Example: If you were admitted with an illness. There are 2 options, Treatment A : has the best outcomes with least side effects or Treatment B: older method, but results are generally good as well.
which do you want ? The reality would be in most public places you will get Treatment B due to good result at cheaper cost. Then people get angry and complain they can't get good treatment in GH.

Basically everyone wants the best, but no one wants to pay.

Another fact is, the vast proportion of your medical bills are from the cost of medication and equipment charged by the hospital and companies.. not the Dr. A doctors fee is usually less than 10-20% of the total bill.
Also, the private sector takes the load off the public sector, not the other way around. We are literally getting patients requesting to transfer into private because the GH waiting times for procedures are too long.

in my own opinion, the ideal situation is a balance between public and private hospitals. Public hospitals should be able to cater for basic healthcare needs and public specialized centers for advanced specialities/ procedures (these are usually the university hospitals) that doesn't overwhelm the public funds. The private centres will fill the gap for those can can afford/ have insurance or where the public cannot offer the same services. You must remember, every self paying patient or insured patient is saving the public funds by not using it - even though they have paid the tax.

Trying to restrict Dr income based arbitrarily on the fact they don't need to earn so much is a communistic approach. Then you can apply it to sportsmen, businessmen, entertainment personalities...

The government needs to address this issue by increasing the public doctor salary and making it more attractive to stay in public service.. not by restricting the private sector. this protective mentality does not work. e.g : proton, TM, and every Crony company... Government intervention in private enterprises never works out well. If the public hospitals are more attractive, then more people would stay and the service can be improved.. resulting in more patients being treated effectively in public hospitals. As they say, water will find its own level.

this is way toooo long... 

quoted for truth.. even General practitioners don't earn that much..

But once they become specialist, their salaries will soar..

But not easy being a specialist doctor.. Long hours, lots of patients, can't out-source.. have to have stable and sharp hand eye co-ordination (if doing surgery), have to constantly under-go training and upgrading of skills and knowledge for the rest of their lives, & etc.. once they stop working, that's it.. no more income..

Same goes for any chosen profession. My profession of choice, engineer, also has multiple specialization pathways to take.. You can become an Ir or PE, and your one signature can be worth hundreds of thousands if not millions, in the right chosen profession..

For instance, in Singapore & even in Malaysia, a PE or qualified person (QP) can only certify buildings as safe for occupation, or even work on the design of the buildings.. Every buildings is mandatory to seek a PE or QP engineer for approval prior to occupation.. Each time, the QP or PE will charge at least $20,000 SGD/RM. to $100,000 SGD/RM for their work, time and expertise. And there is no classification of prices to adhere or follow either.. You are solely at the mercy of how much the PE wants to charge. They can simply say, every building is different and require customized application.. boom.. $100k into the pocket of the PE..

Even the work load can be offloaded or outsourced to their junior engineers.. meanwhile, the QP or PE will focus on other things like buying a new landed house or new car or just relaxing playing golf.. lol. You can imagine, the PE just need 10-20 projects to earn $2 million.. most will handle at least 50-60 projects a year, so the amount they make can be tens of millions easily.. without additional need for support or work..

And the thing is, engineering is a far easier pathway to take than becoming a specialist doctor..  Also, to become a PE is just a matter of time spent working in the field, then applying for your PE certs and examination in-front of a board of engineers.. Pretty straight-forwards with little studying or even extra courses required.. Just working your normal job is sufficient & it only cost a few 1000s at most.. compared this to the hundreds of thousands spent to become a specialist doctor, not to mention, down-time, not making an income whilst you study to become a surgeon.. The engineer on pathway to PE is still working, still getting paid a salary & income. No need to take further degree or courses at all.. 4 year degree is enough.

Also, unlike businessman, Doc, Lawyer, Banker, & other professions that require clientele presentation, engineers don't need to 'flaunt' their wealth by buying a new merc, or a big bungalow.. because these are not good investments to make and is more for appearance sake than actual money making investments.

So most of the time, the Engineer who has become a PE, can keep their money in savings & investments.. Meanwhile,  drive an old corolla and live in a smaller house. At the end of the day, they are valued for their signature and it is mandatory by law to seek engineer signature already..
It's all relative really.. Even if you earn big bucks, if you are not saving 70% of that income, you will not retire early at all..

So yeah, get a 4 year degree, work a while, then go and become a specialist.. Do not think that becoming a doctor is the only pathway to riches..

The point is, private doctors (skewing towards specialists) are prone to over-charge, recommending unnecessary procedures just because the patient is covered by insurances, recommending medicines/treatments that are biased due to just got back from a conference sponsored by the supplier (think of the big pharma events) or simply pushy phara sales persons recommending the latest products, and a few more practices i feel repulsive of..

But oh well, I accept it as part of how it is over in Msia for private practitioners n tend to choose my doctors carefully.

I share your views on most things.. however, restricting income still won't really address your concerns.

You will find that Doctors that are busy and earning a lot, will be less inclined to do unnecessary procedures.. why take the risk if you've got good business doing legitimate work?

Yes, there will be unscrupulous ones who want to do test and procedures just to earn money. We know this happens.. these are bad characters and restricting their income will not change their practise - they will just try to cheat harder - but in the process you will punish the smaller centres and honest guys instead.

We talk only about doctors trying to over treat and over charge,. but do you know how many patients are trying to abuse their insurance  ?

They expect the insurance to pay for tests and screening. and when it gets declined, they blame the hospital doctor for "not writing serious enough on the form" and even refuse to pay the initial consultation fee as they said it should have been covered by insurance after approved. They just leave without paying anything.
If the doctors blatantly lie to get the insurance claim through for the patient.. then they can get blacklisted from the insurance companies ? yes.. there are a quite a few of them already on that list.

There is a 3rd guilty party here that you have not mentioned yet... the insurance agents .. and what they tell their clients.

Not to dismiss your uncle's claim... but I agree with propofol, the numbers are slightly off.

250K with only consulting is tough to pull off. However, Gleneagles has a unique difference in that the clinics are privately owned. So he may be earning on the dispensing of medications as well. Also, depending on speciality, there may be clinic based minor outpatient procedures that he is doing as well.

That would make 200K possible on a 25 day month. Its still quite a stretch though...