MGMA Podcasts

Member Spotlight: New Physician Business Training Course from Johns Hopkins and MGMA

02.12.2024 - By MGMAPlay

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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 [email protected]. If you have a question for our Sr Advisor Cristy Good, email [email protected].

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