Business Guidebook for Physicians and other Healthcare Professionals

Presidents’ Day.  Brings to mind dead presidents.  This leads me to thinking about…money. 

Which then reminds me that most residents--the majority of docs in-training--still know little to nothing about money matters and business.  To help alleviate this knowledge void, I’ve provided an entertaining read called:

The M.D. (Monetary Dummies) Guidebook to Business

     OK, it’s not the official title, but you get my drift.  This evolved from the didacts I’ve given to med students residents about business basics.  My lecture handouts kept expanding until it morphed into 100+ pages, which was compiled into this book.

     This book was meant for any healthcare professional interested in the basics of business.  I’ve written it from the perspective of my business acumen upon completing my residency and entering practice, and that was…nothing.  So it’s all there, in plain language, assuming the reader is wholly ignorant about the world of money, business, accounting, economics, finance, investing, and so on…

     I learned about business in a circuitous manner, through independent study and years upon years of trial-and-error while in private practice.  I learned it the hard way, from the hard knocks of professional life. 

     Back in med school and residency, we had no formal business training.  There was talk of adding business topics to the curriculum in the future.  For the majority of  M.D. and D.O. programs, hasn’t happened.  Nowadays, whenever I ask residents about their business knowledge, invariably they respond, “Not much” or “nothing”. 

     This book I provide for free, as a service to doctors and healthcare providers future and present.  Our lives are inundated saving folks from death and disease.

     Let's go from here 

     ...to here

Having a bit of knowledge about money and how it can work for us allows us to continue with this worthy calling.

“A penny earned is a penny saved.  That’s why my face is on the 100-dollar bill!”

  --BF (who was not a president)

 

©Randall S. Fong, M.D.

www.randallfong.com

For more topics on medicine, health and the weirdness of life in general, check out the rest of the blog site at  randallfong.blogspot.com