15 Ways Doctors/Dentists Can Make Extra $5000 a Month

15 Ways Doctors/Dentists Can Make Extra $5000 a Month: Though doctors/Dentists are regarded as high salary earners, some of them are still not financially secured. Some still have outstanding student loans to pay, pending mortgage payments, and other financial debts.

As a doctor, if you are looking for how to make as much as $5,000 or even more in a month to augment your finances, there are some viable ways that you can do it.

In this article, we are going to show you actionable ways to make an extra $5,000 or more in a month.

 1. Medical content writer

As a doctor/Dentist you can make extra money by being a medical content writer. You can write medical content as a freelancer for a fee. You can earn reasonable amount of money by writing medical content for small companies and individuals.

You can also create a blog where you upload your content to generate traffic. When you have gained high traffic on your blog site, you can start making money by running ads on your blog site. Companies and business owners will be willing to pay to run ads on your blog site.

2. Write a book

As a doctor/dentist, you can make extra money by writing a book. Since you are vast and experienced in the medical field, it will be better you write books on health-related topics. Ensure that the books you write contain useful content that will benefit people. You can sell your book on Amazon or any other known platform. You can as well sell your book on your own website.

3. Paid Medical Surveys

Doctors/Dentists can make extra money by partaking in paid medical surveys. With your expertise and experience in the medical field, you can get paid to give your opinions and thoughts on medical-related issues. The opinions of doctors are highly valued in the medical industry and they are paid to partake in medical surveys by healthcare companies.

4. Telehealth Doctor

Telehealth doctor involves providing healthcare services through video conferencing and other online communication tools. Telehealth doctors use online communication tools to remotely evaluate patients, help them manage their health conditions, and provide treatments. Doctors can make so much money by providing telehealthcare. Patients that can’t transport themselves to the hospital can benefit from telehealthcare.

5. Create and Manage a Blog site

As a doctor, you can earn extra cash by creating and managing a blog site. You can create useful health-related content and upload them on your blog site for people to read. Optimize your blog site and drive traffic to your site so that you can start making money via paid ads. When you have huge traffic on your blog site, companies and businesses will be willing to pay you so that you can run ads for their products and services on your blog site.

6. Health Coach

You can make extra money as a doctor by being a health coach. You can assist your clients in living a healthy lifestyle as a health coach. Provide them with medical advice and healthy lifestyle options on how to stay healthy. Healthy lifestyle practices include teaching them proper nutrition, exercises, and healthy eating habits.

7. Med-Legal / Expert Witness

This is one of the best ways doctors can make some extra cash. When a case involves a medical issue, lawyers need to consult with doctors.  They may need a doctor to stand as an expert witness to give their professional opinion on a particular medical issue.

For a doctor to stand as an expert witness to give their professional opinion, the doctor will need to get paid. The best part is that doctors can set the rates they charge. Doctors can charge as high as $3,000 or more to do this.

8. Review Insurance Claims

Insurance companies often see independent physicians to review insurance claims. Sometimes a doctor may bill an insurance company for a treatment or surgical procedure. The insurance company on the other hand may suspect the case to be elective rather than medically necessary. If the insurance company makes a decision not to cover the cost of the treatment or procedure and the decision is appealed, the insurance company may need an independent party to review the appeal.

As a doctor, you can review these kinds of cases. There are some companies that contract physicians to these kinds of case reviews. You will be paid when you review a case. You can set the rates your charge.

9. Speaker

You can make good money by being a speaker during medical conferences, seminars, and workshops. As a doctor, you have extensive knowledge and experience on medical issues and topics. People will pay a certain amount to listen to you speak. If you have deep expertise in a particular subject or topic, you could travel around your community or to other locations to give speeches to enlighten others.

10. Guest lecturer

You can also earn extra income by being a guest lecturer. You could be a guest lecturer at a university or medical school to impact knowledge to students. If you are an expert in a particular subject or topic, you can give informative presentations on the subject and be paid for it. You could do this twice or more every month to earn extra cash.

11. Podcast

As a doctor/Dentist you can make extra income by anchoring podcast sessions. You can record your voice and talk on various medical topics or subjects and publish them to the various podcast channels from one central application.

12. Instagram influencer

You can also make extra money by being an Instagram influencer. It may take a significant amount of time before you start making good money. You first need to create useful medical content and images, post them on your Instagram page to gain traffic. Increase your Instagram followers to as much as 500k or more. When you have a huge audience, businesses and companies can pay you to advertise their products and services on your Instagram page.

13. Create a YouTube channel

You can also make extra money by creating a YouTube channel. Create videos of yourself making speeches on medical-related topics and post the videos on your YouTube channel. Try as much as possible to increase the number of views you get on each video. Also, get people to subscribe to your YouTube channel. When your videos start getting a lot of views, you can get into an agreement with YouTube so that you can start earning money for the number of views you generate in your videos. You can also make money by running ads on your YouTube videos.

14. E-commerce business

This is the buying and selling of goods or services using the internet. The world today is a global market. You can buy and sell goods and services from any location in the world via the internet.

As a doctor/Dentist, e-commerce is an easy way to make extra income. You can simply create a website and display your goods for people to buy. E-commerce is a relatively low-cost business and you can start with little money. E-commerce businesses are transacted online from start to finish. You don’t need a physical store and you don’t need any physical interaction with clients.