Member Spotlight: New Physician Business Training Course from Johns Hopkins and MGMA
Download MP3In this episode, Jonathan Leer, Division Administrator at Johns Hopkins and Shannon Bishop, Academic Administrator at Johns Hopkins, join the MGMA Member Spotlight podcast. They discuss a new physician business training course that Johns Hopkins partnered with MGMA on to provide business and financial education to physicians that is not typically taught in medical school.
Key Takeaways:
* Physicians receive extensive medical training but no formal business training, causing gaps in knowledge when entering practice.
* The new self-paced online course has 9 modules covering topics like practice models, insurance, compensation, personal finance, and more.
* It includes proprietary benchmark salary data from MGMA to help physicians negotiate fair compensation packages.
* The course provides 7 hours of CME credit.
* It's designed for residents, fellows, and early-mid career physicians entering leadership roles.
Resources:
Course website: www.physicianbusinesstraining.com
Direct link: www.mgma.com/online-courses/what-docs-dont-get-taught
Additional MGMA Resources:
MGMA Stat: mgma.com/stat
Ask an Advisor: www.mgma.com/ask-an-advisor
MGMA Membership: www.mgma.com/membership
MGMA Advocacy: www.mgma.com/advocacy
MGMA Consulting: www.mgma.com/consulting/overview
Music: "Be Cool" by Mr. Smith, courtesy of Free Music Archive, CC BY-NC-SA
WE WANT TO HEAR FROM YOU
Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.
In this episode, Jonathan Leer, Division Administrator at Johns Hopkins and Shannon Bishop, Academic Administrator at Johns Hopkins, join the MGMA Member Spotlight podcast. They discuss a new physician business training course that Johns Hopkins partnered with MGMA on to provide business and financial education to physicians that is not typically taught in medical school.
Key Takeaways:
* Physicians receive extensive medical training but no formal business training, causing gaps in knowledge when entering practice.
* The new self-paced online course has 9 modules covering topics like practice models, insurance, compensation, personal finance, and more.
* It includes proprietary benchmark salary data from MGMA to help physicians negotiate fair compensation packages.
* The course provides 7 hours of CME credit.
* It's designed for residents, fellows, and early-mid career physicians entering leadership roles.
Resources:
Course website: www.physicianbusinesstraining.com
Direct link: www.mgma.com/online-courses/what-docs-dont-get-taught
Additional MGMA Resources:
MGMA Stat: mgma.com/stat
Ask an Advisor: www.mgma.com/ask-an-advisor
MGMA Membership: www.mgma.com/membership
MGMA Advocacy: www.mgma.com/advocacy
MGMA Consulting: www.mgma.com/consulting/overview
Music: "Be Cool" by Mr. Smith, courtesy of Free Music Archive, CC BY-NC-SA
WE WANT TO HEAR FROM YOU
Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.
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Are your decisions driven by gut instinct—or by real data? With MGMA Analytics, you’ll have the benchmarking and business intelligence tools to guide smarter strategies. From provider compensation to operational costs, MGMA Analytics delivers the industry’s most trusted data. So whether you’re adjusting staffing, setting salaries, or planning for growth, you can make your next move with confidence. Learn more at mgma.com/analytics.
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This episode is brought to you by NotifyMD — the patient access solution built for healthcare professionals. You work hard to care for your patients, and NotifyMD helps you do just that. Their communication experts handle calls, schedule appointments, provide nurse triage, and more — all available 24/7. NotifyMD integrates seamlessly with platforms like athenahealth and Epic and meets the industry’s highest security standards, so you can trust that patient information stays private and protected. Learn more at notifymd.com.
U.S. Bank Podcast Ad
Cash flow challenges like delayed insurance payments, unpaid patient bills, and rising administrative costs can weigh heavily on medical practices. U.S. Bank understands. That’s why their Business Card Consultants work with practices to improve payment strategies and maximize rewards.
Stop by booth #222 at the MGMA Leaders Conference to learn more, or visit usbank.com/bankerconnect to schedule an on-site meeting with a consultant.
MGMA Analytics Podcast Ad
Are your decisions driven by gut instinct—or by real data? With MGMA Analytics, you’ll have the benchmarking and business intelligence tools to guide smarter strategies. From provider compensation to operational costs, MGMA Analytics delivers the industry’s most trusted data. So whether you’re adjusting staffing, setting salaries, or planning for growth, you can make your next move with confidence. Learn more at mgma.com/analytics.
