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The lie destroying medical careers: How lack of business education is ruining physicians

Curtis G. Graham, MD
Physician
January 27, 2025
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Most physicians subconsciously know there are many significant and persistent challenges to their ability to reach their ultimate medical practice potential. Coupled with the intense pressure all physicians are increasingly being forced to tolerate over decades of independent medical practice, they gradually become indentured servants of the medical-industrial complex.

The three sources of administrative manipulation of medical careers stem from the overriding desire for government control, not just of health care, but far worse, control of the medical profession. If all three are against you, the result is a reason to find a new profession.

Medical school education is overwhelmingly compromised by the purposeful rejection of the need for and benefits of a business education, which is necessary to practice medicine. This lie is miraculously never recognized by medical students for lack of due diligence, and it becomes the driving force and belief of essentially brainwashing all medical students for the rest of their medical careers.

It is why physicians in private medical practice deny any need to obtain business education, even when they are about to lose their medical practice for financial reasons.

When medical educators, AAMC, and deans of medical schools all agree to completely hide the business side of medical practice from medical students—no information concerning business education is ever given to medical students. As medical students, we know that is a fact. Ask any practicing physician about that!

The administrative segments of medical education, deans, AAMC, and government approval of curriculums (Dept. of Education) have agreed to keep business education curriculums out of the medical education system by any means necessary.

Even the fact that they know the essential ingredient for success in private medical practice business can only be the result of using the business tools that all small and large companies have known for 200 years and have proven their value millions of times.

There is no doubt that these self-adjudicated standards, policies, and functions of the administration of the medical school education system keep slithering around while avoiding the 14th Amendment, Title 9, and the Coggeshall Report 1965.

The obvious disintegration of the health care and medical professional system, judging by the massive attrition of American physicians and American men no longer applying to medical schools, is being caused by the lie we assumed to be the truth—”You don’t need a business education to practice medicine.”

Money is significant for physicians. A private medical practice business is the way to earn income for about half of the physicians in the USA, about 500,000.

The one solution for all of these abuses of physicians

Once you begin to understand this universally proven money-making system that never lets you down and is available to you in any private practice system you are in at this time, you will know it is the same one used by every business that employs physicians. The only difference is that you are the employer and owner of the medical industry. You must manage your business as you see fit.

So, about 98 percent of physicians over the past century continue to be business ignorant (medical schools refuse to provide business education). God only knows how many physicians have lost their medical practice because they could not make enough income to maintain their office business. I was a victim of that trap, which still angers me today.

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It is one cruel way that our government uses to force those low-income medical practice business owners to join the government facilities to continue medical practice (no money to start a new private practice).

The missing link is that you must have enough business education to make your medical practice business run even better than the non-physician-owned medical businesses that are usually under government control. Does our government control any company that doesn’t have a positive income? No. Does your private medical practice potentially earn five times the income than employed physicians at HMOs? Yes!

After our government mandated the existence of government-controlled medical services facilities in the 1970s (HMOs, PPOs, etc.), half of the private practice physicians’ medical patients were forced to move their care to government facilities. It was the first government attempt to take control of all health care. They assumed that patients would get better care there and decrease the cost of health care. It turned out to be a false assumption.

Businesses have one purpose—to make money. The problem is obvious to most physicians, at least those in medical practice, to reach their ultimate potential and maintain it throughout their medical careers.

One must ask, “Why have our medical school administrators, who know the financial problems physicians continue to have, never made an effort to resolve the money/income issues?” Someone benefits considerably from that positioning. And it is destroying our medical system. Physicians and associated health care professionals are the victims.

All of the advice in journals and media never seems to recognize the one factor destroying our profession. Advice commonly spread by influencers includes things such as extra outside jobs while practicing, investing in real estate, hiring financial advisors, etc.

Even they are ignorant about what is happening to physicians. Of the hundreds of articles on this topic I have read, none have ever approached the subject of the need for business education, even if you are 50 years old in medical practice and want to earn more income.

Who provides you with an academic business education? MBAs are too superficial for private practicing physicians—but it is better than nothing. Universities cost $40,000 to $60,000 for two-year on-campus courses, or you can teach yourself while practicing.

I am committed to solving that money problem for all physicians worldwide because it can keep more physicians in practice by following the business education tools you don’t know about. It appears that I am the only physician in the world who advocates business education for all medical students while in medical school. It is the perfect place to learn business education when the learning environment is at its top potential for most medical school students.

Curtis G. Graham is a physician.

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