Physicians today are being flooded with information about finding the best ways to increase their practice incomes. Secondary employment may be appropriate for desperate physicians in financial distress, but the usual short-term nature of such employment is shrouded with low income, covering unexpected hours outside agreements, weekends working, management issues, and being labeled as the “fill-in” doctor.
I say that because I worked at the local Planned Parenthood clinic for a …
Read more…
The most efficient method to increase patient flow and income in private medical practice is through handling physician referrals. Has anyone told you how to do that? I thought it would be a kind gesture for me to offer my version of how to make the strategy perform miracles for your practice.
So, what’s so hot about referrals? You get them occasionally without doing anything to attract them. What you may …
Read more…
The gradual influence of what’s called the “medical-industrial complex” has its tentacles wrapped around every physician’s medical career to the point that any practicing physician should expect no guarantee about becoming wealthy. Even the optimistic nature we carry along with our passion for improving our life circumstances and making a welcome difference in the health care we provide over the years will become tempered to reflect the demands of our …
Read more…
It is staggering to think that our medical school scholars have fallen in line with the dictatorial components of the “deep state of medical education.” John Abramson, MD, a graduate scholar of Harvard, Dartmouth, and Brown medical education institutions, recently published in “Imprimis,” a publication of Hillsdale College, eloquently and astutely links the disintegration and decreasing quality of health care in our nation to the “medical-industrial complex,” let alone, the …
Read more…
Physicians caught in the tentacles of employment as a means of possibly earning higher incomes and, unfortunately, believing such a platform of medical practice is the panacea of satisfaction and reaching your medical practice expectations that permeate your retirement with regrets.
During my 14 years of clinical medical practice in various settings, including the military, HMOs, and as a hospitalist, my experiences disrupted my initial career plans and intensified my desire …
Read more…
For the last century, no medical school in the U.S. has ever offered or provided business education to any medical students. Check it out yourself. Then consider, that over 95 percent of graduating physicians are business ignorant, after never being informed while in medical school about the substantial value that a business education provides to any physician, especially those in private medical practice. Why would that be?
That’s around 22,000 medical …
Read more…
Repeated media articles continue to inform the public that we don’t have enough physicians to handle our health care, and it’s worsening. We have at least 174 accredited medical schools in our nation that are still producing medical doctors and about 22,000 annually from all medical schools who enter a medical practice of some kind.
That must be a satisfactory number because they aren’t building medical schools much anymore. The existing …
Read more…
Coaching is a synonym for mentoring, counseling, guidance, preceptor, teacher, tutor, and professor. Regardless of how you choose to perceive the word “coaching,” the significant action implied by the word is to provide the client with appropriate verbal, video, written, and audio communication or information necessary to enable you to reach a higher level of success or accomplishment in your medical career.
Ads to physicians, like those below, occasionally have a …
Read more…
Not only does medical practice coaching teach you how to open your mind to who you really are, but it also allows you to bypass the dreaded $20,000 to $50,000 MBA business education that your medical school refused to teach you about.
When you recognize that many highly educated professional athletes hire personal coaches throughout their careers, you must wonder what value they find in being coached. You would think that …
Read more…
The fact that every physician in private medical practice, without a business education, leaves approximately a million dollars on the table and is unaware of it is well known to business experts who work with medical doctors experiencing financial difficulties. Business experts such as Dan S. Kennedy, Peter Drucker, Michael Gerber, Maxwell Maltz, Neil Baum, William Hanson, Huss and Coleman, Steven Hacker, Thomas Stanley, Chris Hurn, Napoleon Hill, and Dave …
Read more…
As apparent as it may be to the predators of the medical profession, physicians themselves, thinking about the future of what the medical profession will be like by 2040, have yet to understand how they continue to be astonishingly complicit in the upcoming radical changes in health care and the medical profession.
You and I know that all physicians in our nation, especially those in clinical medical practice, have been brainwashed …
Read more…
Most physicians are aware of our nation’s disintegration of private medical practices. Bailing out of private medical practice for financial or other reasons predicts the takeover of government-controlled employed medical practice as well as the medical profession itself—including medical school education.
One world-renowned marketing and business expert offers important advice for medical care professionals who prefer to remain independent of such medical practice restrictions while we still can do so:
A lot …
Read more…
Talk to physicians in private medical practice today, and you will discover that they will affirm that their medical practice is financially satisfactory, stable, and doing well financially.
Private practicing physicians know that they have no measurable standard to use to verify what they just told you except for their profit and loss statements from their CPA. And even if they believed they could be in a much better position financially, …
Read more…
Back in the 1980s, I had a longtime patient, age about 30, that came to my office for severe back pain. She previously had some mild back pain and had no orthopedic evaluation. Otherwise, she was in good health without any other health issues.
She could barely walk upright, so I sent her to the orthopedic physician I normally referred my patients to the same day. He sent her back to …
Read more…
There are two valuable reasons why all physicians, especially medical students, should obtain or demand from their medical school academic business education.
About 98 percent of physicians and medical students have never had an academic business education. About 30 to 50 percent of graduating medical students prefer private medical practice—which requires business and marketing knowledge to reach their optimal potential in private medical practice as described below.
Private medical practice is a …
Read more…
