Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
KevinMD
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking
KevinMD
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking
  • About KevinMD | Kevin Pho, MD
  • Be heard on social media’s leading physician voice
  • Contact Kevin
  • Discounted enhanced author page
  • DMCA Policy
  • Establishing, Managing, and Protecting Your Online Reputation: A Social Media Guide for Physicians and Medical Practices
  • Group vs. individual disability insurance for doctors: pros and cons
  • KevinMD influencer opportunities
  • Opinion and commentary by KevinMD
  • Physician burnout speakers to keynote your conference
  • Physician Coaching by KevinMD
  • Physician keynote speaker: Kevin Pho, MD
  • Physician Speaking by KevinMD: a boutique speakers bureau
  • Primary care physician in Nashua, NH | Doctor accepting new patients
  • Privacy Policy
  • Recommended services by KevinMD
  • Terms of Use Agreement
  • Thank you for subscribing to KevinMD
  • Thank you for upgrading to the KevinMD enhanced author page
  • The biggest mistake doctors make when purchasing disability insurance
  • The doctor’s guide to disability insurance: short-term vs. long-term
  • The KevinMD ToolKit
  • Upgrade to the KevinMD enhanced author page
  • Why own-occupation disability insurance is a must for doctors

Leonardo Da Vinci and health care: a matter of perspective

Neil Baum, MD
Physician
December 6, 2017
Share
Tweet
Share

Recently, a Leonardo Da Vinci painting, Salvator Mundi (Savior of the World), was sold for $450 million, making it the largest fee for a painting ever sold.  Was it a good investment?  The painting was sold by Leonardo’s heir to King Francis I of France for 4000 gold ducats in 1519, which according to the American Numismatic Society would be equivalent to $575,000 at today’s price of gold at $1277 per gram of gold.

Now calculating the rate of return from 1519 to 2017: If $575,000 would have been invested without interruption at a continuously compounding rate, would have resulted in an average return of slightly under 1.35 percent annually from 1519 to 2017.  If your great, great, great, grandfather would have bought bonds at 3 percent, the return would have more than twice that amount and if grandfather invested in stocks at 5 to 6 percent, the rate of return would have been more than a $1 billion over the 500 year time period.

However, owning an original Da Vinci provides incredible bragging rights.  Imagine if Bill Gates, who hardly needs more bragging rights, bought the Salvator Mundi and said, “Here’s another DiVinci to add to my existing Da Vinci collection.”  It is the ultimate in psychic return on his investment.

So what does the Da Vinci painting have to do with health care?  It’s a matter of perspective.  There are some doctors who complain about reimbursements going south, overhead costs going north, more time delegated to uncompensated paperwork such as prior authorization, and more time spent looking at a computer rather than at the patient.  These are the doctors who are complaining about a poor return on their investment of time and money.

Then there are other physicians, myself included, who feel that our profession is the most rewarding return on the investment of 10 to 12 years of training after high school, 70-hour work weeks, and frequently getting up at night to answer a phone call or go to the emergency room.  We feel we have an incredible psychic return for our investment and many physicians wouldn’t trade what we do for more money.

Bottom line: It doesn’t matter what you do, what is your business, or what is your profession; it’s how you look at it and what is your perspective.   Is it a monetary return or a psychic return that you are after?  You decide.

Neil Baum is a urologist and author of Marketing Your Clinical Practices: Ethically, Effectively, Economically. He can be reached at his self-titled site, Neil Baum, MD, or on Facebook and Twitter.

Image credit: Shutterstock.com

Prev

5 challenges of working in a county hospital

December 6, 2017 Kevin 0
…
Next

Fixing health care requires putting patients and their health teams on top

December 6, 2017 Kevin 3
…

Tagged as: Practice Management, Surgery

< Previous Post
5 challenges of working in a county hospital
Next Post >
Fixing health care requires putting patients and their health teams on top

ADVERTISEMENT

More by Neil Baum, MD

  • Physician patient advocacy: Fighting insurance denials effectively

    Neil Baum, MD
  • Why starting with why can transform your medical practice

    Neil Baum, MD
  • How to handle chronically late patients in your medical practice

    Neil Baum, MD

Related Posts

  • The dark horse of the care team: a parent’s perspective on hospital chaplains

    Laura Spiegel
  • How social media can help or hurt your health care career

    Health eCareers
  • A health care headache from a patient’s perspective

    Sandi Russ
  • Money will be lost in health care. This is true no matter how we describe it.

    Edwin Leap, MD
  • It takes more than marching to make Black lives matter in health care

    Torie S. Sepah, MD
  • Why the preservation of the Affordable Care Act should matter to you

    Susan G. Bornstein, MD, MPH

More in Physician

  • Learned helplessness and self-efficacy in tobacco treatment

    Edward Anselm, MD
  • Why doctors struggle with health care system delays

    Kayvan Haddadan, MD
  • Physician mental health and suicide prevention: stories of survival

    Michael F. Myers, MD
  • The enduring value of the physical exam in modern medicine

    Francisco M. Torres, MD
  • Health care price transparency: Why patients are bypassing insurance

    Sally Daganzo, MD
  • The ticking clock: How time constraints in medicine hurt patient care

    Timothy Lesaca, MD
  • Most Popular

  • Past Week

    • Opt-in vs. opt-out: How defaults shape organ donation rates

      Anvit Divekar | Conditions
    • From Singapore to Canada: a blueprint for primary care transformation

      Ivy Oandasan, MD | Policy
    • Physician burnout and gaming: Why doctors turn to video games

      Gerald Kuo | Tech
    • The hidden cost of medical board regulation and prosecutorial overreach

      Kayvan Haddadan, MD | Physician
    • Reflection vs. rumination: Is medical education harming students?

      Vijay Rajput, MD and Seeth Vivek, MD | Education
    • Physician father wrestles with daughter’s post-Dobbs future [PODCAST]

      The Podcast by KevinMD | Podcast
  • Past 6 Months

    • Missed diagnosis visceral leishmaniasis: a tragedy of note bloat

      Arthur Lazarus, MD, MBA | Conditions
    • Health care as a human right vs. commodity: Resolving the paradox

      Timothy Lesaca, MD | Physician
    • The American Board of Internal Medicine maintenance of certification lawsuit: What physicians need to know

      Brian Hudes, MD | Physician
    • Why voicemail in outpatient care is failing patients and staff

      Dan Ouellet | Tech
    • U.S. opioid policy history: How politics replaced science in pain care

      Richard A. Lawhern, PhD & Stephen E. Nadeau, MD | Meds
    • The hidden costs of the physician non-clinical career transition

      Carlos N. Hernandez-Torres, MD | Physician
  • Recent Posts

    • Physician father wrestles with daughter’s post-Dobbs future [PODCAST]

      The Podcast by KevinMD | Podcast
    • Physician tax strategies: Why your tax bill is so high and how to fix it

      Logan Foltz, MD | Finance
    • AI in clinical documentation: Who is liable for medical errors?

      Harvey Castro, MD, MBA | Tech
    • Physician burnout and gaming: Why doctors turn to video games

      Gerald Kuo | Tech
    • Beyond BMI: Why weight management must look inside the body

      Maureen McBeth, PT | Conditions
    • Learned helplessness and self-efficacy in tobacco treatment

      Edward Anselm, MD | Physician

Subscribe to KevinMD and never miss a story!

Get free updates delivered free to your inbox.


Find jobs at
Careers by KevinMD.com

Search thousands of physician, PA, NP, and CRNA jobs now.

Learn more

View 2 Comments >

Founded in 2004 by Kevin Pho, MD, KevinMD.com is the web’s leading platform where physicians, advanced practitioners, nurses, medical students, and patients share their insight and tell their stories.

Social

  • Like on Facebook
  • Follow on Twitter
  • Connect on Linkedin
  • Subscribe on Youtube
  • Instagram

ADVERTISEMENT

  • Most Popular

  • Past Week

    • Opt-in vs. opt-out: How defaults shape organ donation rates

      Anvit Divekar | Conditions
    • From Singapore to Canada: a blueprint for primary care transformation

      Ivy Oandasan, MD | Policy
    • Physician burnout and gaming: Why doctors turn to video games

      Gerald Kuo | Tech
    • The hidden cost of medical board regulation and prosecutorial overreach

      Kayvan Haddadan, MD | Physician
    • Reflection vs. rumination: Is medical education harming students?

      Vijay Rajput, MD and Seeth Vivek, MD | Education
    • Physician father wrestles with daughter’s post-Dobbs future [PODCAST]

      The Podcast by KevinMD | Podcast
  • Past 6 Months

    • Missed diagnosis visceral leishmaniasis: a tragedy of note bloat

      Arthur Lazarus, MD, MBA | Conditions
    • Health care as a human right vs. commodity: Resolving the paradox

      Timothy Lesaca, MD | Physician
    • The American Board of Internal Medicine maintenance of certification lawsuit: What physicians need to know

      Brian Hudes, MD | Physician
    • Why voicemail in outpatient care is failing patients and staff

      Dan Ouellet | Tech
    • U.S. opioid policy history: How politics replaced science in pain care

      Richard A. Lawhern, PhD & Stephen E. Nadeau, MD | Meds
    • The hidden costs of the physician non-clinical career transition

      Carlos N. Hernandez-Torres, MD | Physician
  • Recent Posts

    • Physician father wrestles with daughter’s post-Dobbs future [PODCAST]

      The Podcast by KevinMD | Podcast
    • Physician tax strategies: Why your tax bill is so high and how to fix it

      Logan Foltz, MD | Finance
    • AI in clinical documentation: Who is liable for medical errors?

      Harvey Castro, MD, MBA | Tech
    • Physician burnout and gaming: Why doctors turn to video games

      Gerald Kuo | Tech
    • Beyond BMI: Why weight management must look inside the body

      Maureen McBeth, PT | Conditions
    • Learned helplessness and self-efficacy in tobacco treatment

      Edward Anselm, MD | Physician

MedPage Today Professional

An Everyday Health Property Medpage Today

Copyright © 2026 KevinMD.com | Powered by Astra WordPress Theme

  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Leonardo Da Vinci and health care: a matter of perspective
2 comments

Comments are moderated before they are published. Please read the comment policy.

Loading Comments...