"The almost unanimous answer
would be, "I'm not sure." or "It's none of your
damn business." Or would they just pick a number
out of the blue to tell you, to cover up their
office business management incompetency?
If you have a close relationship with them, they
likely would be more honest about it and tell
you, "I don't keep track of those numbers." So,
how many doctors keep records of new patients
coming in and old patients leaving the
medical practice?"
I never kept track of such things, didn't know doing it would be of any value, never heard or understood that doing so would have benefited me in any way. No one ever mentioned it to me to do that, never heard a speaker during any medical conference mention it--and I never left the conferences in the middle of the session.
My CPA and Corp. attorney never brought it up for me to do, and, worst of all, none of the medical school faculty or instructors ever mentioned the importance of business knowledge to a medical student or myself during the four years of medical school education, or even in residency training. Was this something that every medical student was supposed to understand through
extrasensory perception?
When I now look at what I was never told about managing the business of medical practice, it leads me to the conclusion that either the medical academic scholars, having no business knowledge themselves, never knew themselves how important business knowledge was to every doctor, or that their omission of the truth about business education was a matter that they had no responsibility for teaching or providing.
So, I ask myself, if throwing out a few clues to the medical students about this need, a violation of the exalted unwritten laws of academic integrity?
That takes me back to the fact that for a century the business side of the private practice of medicine has been relegated to the responsibility of the medical students themselves. And that it is no different, or is simply a continuation of, a students personal obligation to go to college, to choose medicine as a career, and did what they had to do to get into a medical school.
Beyond that, their intelligence should tell them that because private practice means you have to know business to run the practice profitably and efficiently, they need business knowledge.
At the heart of this issue is that, like so many other necessary life functions, we have to be introduced to the values of and benefits of business knowledge first. Isn't that at the heart of all education itself? Why do we need to know reading, writing, and math? Would any child want to learn those if they didn't make a huge difference in their lives? Those elements have always been drummed into our minds, so having to know them is a requirement, and they told you so.
The failure in that process occurs because business is never taught from kindergarten through high school. Early on, we never are alerted to the benefit of the more important life necessities... like business, developing relationships, working as teams, having to take responsibility for what we do or create, and having a work ethic.
Most everything we do in life requires money. All money is derived from some sort of business entity. So why do educational academics leave it out of the educational curriculum? It follows that graduate education has traditionally done the same thing. Is it politically correct to break tradition and provide business education? YES!!!!
Then why don't they do it? Traditions are held to esteem in the minds of people, countries, cultures, and races since human existence began. If the world around us is constantly changing, what happens to stagnant cultures and countries? They either disappear or become a problem for those who adapt to the changes.
I believe the reason for the increasing demise of private medical practice is the result of the above factors. Adapting business education into the medical school curriculum is the means to save private medical practice.
Tradition is defined as a belief or process that is considered to be dictatorial in nature to all who follow it. I believe that it also has a formidable influence on all medical students in our nation so much so that they subconsciously accept the fact that "Physicians can practice medicine without a business education." What is left out of the statement are all of the serious consequences that result from following that belief.
It is also quite clear that the same century-long tradition goes for religion, "Physicians can practice medicine without a platform of religious belief." It's true, they can. But then, what effects would that have on all areas of a physician's obligations to medical patients they are treating.
I would guess that the majority of American medical students have been raised in a family that had some religion preference or relationship with. Even if that is true, it does not forgive the medical school scholars who continue their disregard for making religion an inherent part of
medical education.
Just the understanding that Christ our Lord, who walked alive on this earth and cured innumerable human illnesses and deformities, was the ultimate physician that ever lived and should remind us that we strive to reach His level of medical care.
That thought, also brings up the fact that a large portion of the Bible is dedicated to lessons and advice about money that surpasses that of college courses on finance, economics, and fiduciary responsibilities we all need to know about. if we choose to be successful, profitable, and constantly growing our medical practices throughout your medical careers, the more you know about managing your money the higher your achievements will be.
It is also quite clear that the same century-long tradition goes for religion, "Physicians can practice medicine without a platform of religious belief." It's true, they can. But then, what effects would that have on all areas of a physician's obligations to medical patients they are treating. If a physician considered a patient too sick, had too much trauma to their body, or were likely unable to recover with any medical treatment given the patient, the physician would be permitted to give a lethal injection to the patient and go home with a clear conscience and a job well done.
I would guess that the majority of American medical students have been raised in a family that had some religion preference or relationship with. Even if that is true, it does not forgive the medical school scholars who continue their disregard for making religion an inherent part of medical education. Just the understanding that Christ our Lord, who walked alive on this earth and cured innumerable human illnesses and deformities, was the ultimate physician that ever lived and should remind us that we strive to reach His level of medical care.
That thought also brings up the fact that a large portion of the Bible is dedicated to lessons and advice about money that surpasses that of college courses on finance, economics, and fiduciary responsibilities we all need to know about. if we choose to be successful, profitable, and constantly growing our medical practices throughout your medical careers, the more you know about managing your money the higher your achievements will be.
The Success Code:
- You grow your practice with a constant attraction of new patients---by marketing.
2. You grow your income by marketing your practice your whole career.
3. You expand your medical practice management skills and medical practice business
management skills to enable your marketing goals to be met.
----Professional Probe----
"Don't worry... it's just the boss
trying to get our attention."
Articles©2013-2022/CGG INVESTMENTS LLC. All rights reserved. #114, 3-16-22
