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Physician Side Gigs

Health Tech Founder Roles for Physicians: Compensation & Getting Started

Offcall Team
Offcall Team
  1. Learn
  2. Physician Side Gigs
  3. Health Tech Founder Roles for Physicians: Compensation & Getting Started

Based on data from 2 physicians on OffCall

What Physicians Earn as Health Tech Founders

Typical Compensation: $1,000–$100,000/year

Compensation Range:

  • Top earners: $100,000+

Time Commitment: 1–2 hours per week typically

Data reflects 2025 responses from OffCall physicians

What Is Health Tech Founder Work?

Physician founders in health tech lead or co-lead startups aimed at solving clinical, operational, or patient experience problems through technology. These ventures can range from apps and digital therapeutics to care delivery platforms, AI tools, or B2B enterprise solutions.

Unlike advisory roles, founders are deeply involved in shaping the product, forming the company’s vision, securing funding, and often building initial prototypes or service models. Physicians bring unique value by identifying real-world clinical pain points and ensuring medical relevance in the product.

While early-stage work can be unpaid or undercompensated, the long-term upside may include significant equity or future exit potential—alongside a steep learning curve and high personal investment.

Who This Side Gig Works Best For

Ideal Candidates:

  • Physicians with strong problem-solving skills and entrepreneurial drive
  • Experience identifying clinical inefficiencies or tech-enabled solutions
  • Willing to operate in high-risk, high-reward environments
  • Interest in startup culture, funding cycles, and long-term vision-building

Less Ideal For:

  • Physicians seeking immediate, predictable income
  • Those uninterested in business development or tech
  • Clinicians who prefer structured roles with clear deliverables

How to Get Started

Start by validating your idea with colleagues, advisors, or potential users. Join startup accelerators like Y Combinator, StartUp Health, or digital health incubators to gain mentorship, funding, and network access.

Physician founders should create pitch decks, conduct market research, and assemble a founding team that includes technical and operational partners. Resources like IndieBio, Rock Health, and SOMA Capital also provide health tech-specific funding and coaching.

What to Charge

Early-stage founders typically take limited or no salary while bootstrapping or raising capital. Based on OffCall data, compensation ranges from $1,000 to $100,000/year for those working 1–2 hours per week, with long-term value often tied to equity or acquisition outcomes.

Negotiate fair equity if co-founding with non-physicians, and ensure alignment on your time commitment and decision-making role. Many physician founders delay full compensation until the company reaches revenue or funding milestones.

Common Pitfalls to Avoid

  • Equity dilution without clear role: Ensure your contributions justify your stake, especially if not full-time.
  • Overestimating early revenue: Most startups take months or years to monetize—budget for the long game.
  • Underappreciating regulatory complexity: Even simple apps may require HIPAA, FDA, or CMS navigation—get legal advice early.

Compare Your Side Gig Income

See how physicians in your specialty are diversifying income. Join thousands of physicians using OffCall to benchmark their compensation for primary and side jobs.

Join OffCall to Compare Compensation →

Offcall Team
Written by Offcall Team

Offcall Team is the official Offcall account.

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