Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
  • 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

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

Curtis G. Graham, MD
Physician
January 27, 2025
Share
Tweet
Share

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.

ADVERTISEMENT

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.

Prev

My totally wrong expert predictions for health care in 2025

January 27, 2025 Kevin 0
…
Next

How motivational interviewing transforms patient care and outcomes

January 27, 2025 Kevin 0
…

Tagged as: Practice Management

Post navigation

< Previous Post
My totally wrong expert predictions for health care in 2025
Next Post >
How motivational interviewing transforms patient care and outcomes

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

More by Curtis G. Graham, MD

  • Why would any physician believe that the practice of medicine will become less abusive for them in the future?

    Curtis G. Graham, MD
  • What if the solution for physicians’ struggles was right in their faces, yet remains unrecognized?

    Curtis G. Graham, MD
  • Sick and tired of practicing medicine? Burnout, disappointment, and low income you can’t seem to overcome?

    Curtis G. Graham, MD

Related Posts

  • Navigating mental health challenges in medical education

    Carter Do
  • Why medical students should be taught the business side of medicine

    Martinus Megalla
  • How medical education fails minority students

    Shenyece Ferguson
  • Reimagining medical education from within a pandemic

    Kasey Johnson, DO
  • What is anti-racist medical education?

    Sylk Sotto, EdD, MPS, MBA
  • The role of income in medical school acceptance

    Carter Do

More in Physician

  • The weaponization of rules: How regulatory overreach puts physicians and health care at risk

    Kayvan Haddadan, MD
  • Ethical dilemmas in using unclaimed bodies for medical research

    M. Bennet Broner, PhD
  • The Nova Oath: a physician’s pledge to courageous and ethical care

    Kenneth Ro, MD
  • True stories of doctors reclaiming their humanity in a system that challenges it

    Alae Kawam, DO & Kim Downey, PT & Nicole Solomos, DO
  • Why wanting more from your medical career is a sign of strength

    Maureen Gibbons, MD
  • How a rainy walk helped an oncologist rediscover joy and bravery

    Dr. Damane Zehra
  • Most Popular

  • Past Week

    • When did we start treating our lives like trauma?

      Maureen Gibbons, MD | Physician
    • Why removing fluoride from water is a public health disaster

      Steven J. Katz, DDS | Conditions
    • The food-drug interaction risks your doctor may be missing

      Frank Jumbe | Meds
    • Why some doctors age gracefully—and others grow bitter

      Patrick Hudson, MD | Physician
    • How to survive a broken health care system without losing yourself [PODCAST]

      The Podcast by KevinMD | Podcast
    • How the shingles vaccine could help prevent dementia

      Marc Arginteanu, MD | Conditions
  • Past 6 Months

    • Why tracking cognitive load could save doctors and patients

      Hiba Fatima Hamid | Education
    • What the world must learn from the life and death of Hind Rajab

      Saba Qaiser, RN | Conditions
    • The silent toll of ICE raids on U.S. patient care

      Carlin Lockwood | Policy
    • Addressing the physician shortage: How AI can help, not replace

      Amelia Mercado | Tech
    • Why medical students are trading empathy for publications

      Vijay Rajput, MD | Education
    • Physician patriots: the forgotten founders who lit the torch of liberty

      Muhamad Aly Rifai, MD | Physician
  • Recent Posts

    • The food-drug interaction risks your doctor may be missing

      Frank Jumbe | Meds
    • Beyond the TikTok hype: Rebuilding trust in evidence-based weight loss medicine

      Sarah White, APRN | Conditions
    • The weaponization of rules: How regulatory overreach puts physicians and health care at risk

      Kayvan Haddadan, MD | Physician
    • How to speak the language of leadership to improve doctor wellness [PODCAST]

      The Podcast by KevinMD | Podcast
    • Ethical dilemmas in using unclaimed bodies for medical research

      M. Bennet Broner, PhD | Physician
    • The Nova Oath: a physician’s pledge to courageous and ethical care

      Kenneth Ro, 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

Leave a Comment

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

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

  • Most Popular

  • Past Week

    • When did we start treating our lives like trauma?

      Maureen Gibbons, MD | Physician
    • Why removing fluoride from water is a public health disaster

      Steven J. Katz, DDS | Conditions
    • The food-drug interaction risks your doctor may be missing

      Frank Jumbe | Meds
    • Why some doctors age gracefully—and others grow bitter

      Patrick Hudson, MD | Physician
    • How to survive a broken health care system without losing yourself [PODCAST]

      The Podcast by KevinMD | Podcast
    • How the shingles vaccine could help prevent dementia

      Marc Arginteanu, MD | Conditions
  • Past 6 Months

    • Why tracking cognitive load could save doctors and patients

      Hiba Fatima Hamid | Education
    • What the world must learn from the life and death of Hind Rajab

      Saba Qaiser, RN | Conditions
    • The silent toll of ICE raids on U.S. patient care

      Carlin Lockwood | Policy
    • Addressing the physician shortage: How AI can help, not replace

      Amelia Mercado | Tech
    • Why medical students are trading empathy for publications

      Vijay Rajput, MD | Education
    • Physician patriots: the forgotten founders who lit the torch of liberty

      Muhamad Aly Rifai, MD | Physician
  • Recent Posts

    • The food-drug interaction risks your doctor may be missing

      Frank Jumbe | Meds
    • Beyond the TikTok hype: Rebuilding trust in evidence-based weight loss medicine

      Sarah White, APRN | Conditions
    • The weaponization of rules: How regulatory overreach puts physicians and health care at risk

      Kayvan Haddadan, MD | Physician
    • How to speak the language of leadership to improve doctor wellness [PODCAST]

      The Podcast by KevinMD | Podcast
    • Ethical dilemmas in using unclaimed bodies for medical research

      M. Bennet Broner, PhD | Physician
    • The Nova Oath: a physician’s pledge to courageous and ethical care

      Kenneth Ro, MD | Physician

MedPage Today Professional

An Everyday Health Property Medpage Today
  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Leave a Comment

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

Loading Comments...