Nothing is more of an insult than suggesting that the 1.2 million very intelligent practicing physicians in our nation, whom we trust to keep us healthy, have never come up with a revolutionary cure for what has now become health care and physician crises. Who knows better about the actual practice of medicine and the multiple problems and challenges they face daily than physicians themselves?
The mental function of due diligence interacting with our memory banks every second that we are in a conscious state is neglected by most physicians, or else they would already be testing the depth of their thinking process.
There are more than twenty painful medical practice complaints and factors that increasingly invade the minds of about 75 percent of physicians to the point that the pain they feel is not only intolerable but also not resolvable. The 500,000 physicians in private medical practice in our nation suffer the most and are the most likely to quit medical practice.
When enough physicians become that desperate and quit practice, the government will have another power takeover. It will subject the medical school system to dictatorial administration, dominate and supervise every aspect of the practice of medicine to secure its control, and dictate the destiny of all physicians.
What has to be done to prevent all of this from happening?
Most physicians understand that the only purpose of owning a medical practice is to make money. Carrying that idea to the next level, what does money do for every medical business owner?
You certainly can’t do much in medical practice without money.
You can’t start out by creating a private medical practice that is profitable, continues to grow and expand for over 60 years, and runs like a well-oiled engine—without money.
You can only remain on the cutting edge of your medical knowledge and skills if you can afford to.
You can’t suddenly increase the number of medical patients in order to increase your income. You know that it becomes overwhelming with time. You need marketing knowledge.
What happens when you lose your medical practice, as thousands of physicians do, and call it “moving their practice to another distant location”? The same thing occurs to them at the next place they practice because they don’t have the right knowledge.
About 98 percent of graduating medical doctors leave medical school business ignorant. That is documented by the fact that no U.S. medical school has ever been allowed to talk about or inform medical students about the value and advantages of business education to their medical practice careers.
Do physicians know how to make money? No.
Do physicians know how to profitably manage their practice business as well as market the business? No.
Why is it that 95 percent of small public businesses fail within five years? Because they lack the business education tools necessary to be successful. It’s exactly the same problem most physicians have had for a century and has never been updated.
Now you can go on believing the lie you learned in medical school: “You do not need a business education to practice medicine.”
They forgot to tell you that it requires “the tolerance and lifestyle of living on the edge of poverty for the length of your career.”
Business education is the one and only means of enabling you to ever reach your ultimate potential in medical practice. An MBA is too superficial for physicians to break the poverty bubble and move to the income you deserve.
You don’t need to lose your practice.
Curtis G. Graham is a physician.
