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.
Walmart Business:
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MGMA Analytics:
"The popular buzzword we've been seeing everywhere is AI. But what we all want to know is how we can implement and use it to our advantage. When it comes to improving margins, accelerating cash flow, and optimizing staff performance, there's a one-stop shop using cloud-based predictive analytics. MGMA Analytics is your AI-enabled tool that upscales technology you're already paying for, so you can silo your disparate systems and make data-backed business decisions. Visit mgma.com/analytics and see how AI can revolutionize your finances and operations."
This episode of the MGMA podcast is brought to you by Walmart Business. It’s the Walmart you love, now for your business. Get everything you need for your staff & patients in one place. Enjoy big savings on health & safety products, cleaning supplies, OTC medications & much more. And don’t forget the break room snacks! Create a free account today and start shopping at business.walmart.com. Again, that’s business.walmart.com.
MGMA Analytics:
"The popular buzzword we've been seeing everywhere is AI. But what we all want to know is how we can implement and use it to our advantage. When it comes to improving margins, accelerating cash flow, and optimizing staff performance, there's a one-stop shop using cloud-based predictive analytics. MGMA Analytics is your AI-enabled tool that upscales technology you're already paying for, so you can silo your disparate systems and make data-backed business decisions. Visit mgma.com/analytics and see how AI can revolutionize your finances and operations."
