August 13, 2007

Fwd: FW: New Medical Student Org

I was sent this in the mail today and I thought I'd pass it along. I am quite hesitant about "hanging up my shingle" so to speak, because of the intimidating business logistics involved. How much time would I actually spend with patients? Should I join a physician group so I don't have to worry about starting from square one and hiring all the staff? Should I set out on my own so I can be completely independent? Would I be happy with that?

I have no idea what problems lie ahead on this path to primary care. And I'm glad that a student organization has set out to tackle some of these worrisome issues.
You came to medical school to acquire the knowledge and technical skills necessary to make your mark in the world of medicine – but when you leave, will you be equipped with the right tools to make the important career decisions in your near future? Given the increasing financial pressures on the practice of medicine and the growing medical student debt load, today's medical graduates are navigating a more complex terrain than ever before. We owe it to ourselves and to our future patients to make informed decisions about how we choose to practice medicine.

The Business of Medicine (BOM) is a student-run, non-profit organization that was founded in 2006 by medical students at Georgetown University. BOM's mission is to increase medical student awareness of financial challenges and opportunities impacting the practice of medicine. Simply put, we recruit thought leaders and experts to speak at medical schools. Topics covered include Financial Planning, Residency Selection, Post-Residency Career Paths (private practice, hospital-based medicine, academic medicine, etc), Reimbursement, Health Insurance, Medicare/Medicaid, Physician Income and many more.

BOM also maintains a website with links to the most high yield resources on Debt Management, Insurance/Policy, Malpractice, and Career Development. Each link posted has been screened by medical students to provide the most concise, relevant, and accurate information available on the topic. We invite you to explore our website at: http://www.businessofmedicine.org/ and hope that it will help save you time in the future. We welcome your comments and suggestions for improvement as we continue to develop and keep our site up-to-date. It is truly a site for medical students by medical students!

You've invested valuable time, energy, and financial resources into the process of becoming a physician. We invite you to join us in our mission to bring BOM to medical students nationwide and to empower yourself by learning how to best protect this investment.

For more information about how you can get involved, please contact us at bom@businessofmedicine.org. We look forward to hearing from you!

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