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.
Podcast Sponsor Boost Lingo
This episode is brought to you by Boost Lingo, the language services platform behind MGMA Translate, interpreter delays and high agency fees, strain budgets, and staff morale. Boost lingo on demand fixes both tap once and a qualified medical interpreter joins in about 13 seconds. Video or phone on any device. No steep learning curve. It just works. Tap, connect, care. Choose from 14,000 interpreters covering over 300 languages. Fully HIPAA compliant. Your staff will love the ease and your patients will too. Plus MGMA members save 20%. Visit https://boostlingo.com/mgma/ to see it in action today.
Podcast Sponsor MGMA Analytics
Are you making decisions based on gut instinct—or on real data?
With MGMA Analytics, you get the benchmarking and business intelligence tools to drive smarter strategies.
From provider compensation to operational costs, MGMA Analytics gives you access to the most trusted data in the industry.
So whether you’re adjusting staffing, setting salaries, or planning for growth, make your next move with confidence.
Visit MGMA Analytics to learn more.
This episode is brought to you by Boost Lingo, the language services platform behind MGMA Translate, interpreter delays and high agency fees, strain budgets, and staff morale. Boost lingo on demand fixes both tap once and a qualified medical interpreter joins in about 13 seconds. Video or phone on any device. No steep learning curve. It just works. Tap, connect, care. Choose from 14,000 interpreters covering over 300 languages. Fully HIPAA compliant. Your staff will love the ease and your patients will too. Plus MGMA members save 20%. Visit https://boostlingo.com/mgma/ to see it in action today.
Podcast Sponsor MGMA Analytics
Are you making decisions based on gut instinct—or on real data?
With MGMA Analytics, you get the benchmarking and business intelligence tools to drive smarter strategies.
From provider compensation to operational costs, MGMA Analytics gives you access to the most trusted data in the industry.
So whether you’re adjusting staffing, setting salaries, or planning for growth, make your next move with confidence.
Visit MGMA Analytics to learn more.
