Who Is This Course For?

The course is designed for all healthcare professionals, at any point in their schooling or career and in any practice setting. It focuses on filling the business knowledge gaps in your clinical medical education so no matter where you decide to practice, you will be prepared.

  • Know what you want and WHY

  • Navigate "Administrative Burden" to mitigate burnout

  • Gain situational awareness and actions for long-term satisfaction

Why?

“Medical students and Residents I have mentored wished their medical education had included business of medicine courses. Medical students also wished they had received practical tips on getting into a Residency. Rx for The Business of Medicine® fulfills these and other wishes that will make your life as a practicing healthcare provider easier by not having to learn these lessons the hard, frustrating, and expensive way; thus mitigating the potential for burnout."

- Dr. Reagan B. Anderson DO, FAOCD, FAAD, FASMS, CAQ for Mohs Surgery, MPH, MCS, Clinical Professor of Dermatology RVU, former Residency Program Director, President of AOCD 2020-2021, Founder of Rx for The Business of Medicine, Co-Founder of Your Health University

Primary Reasons Providers Fail

1. Assuming expert clinical medical skills are all you need

No matter where you decide to practice, be it in a hospital or a clinic, you need to be prepared to successfully navigate the "Administrative Burden" maze of financial, legal, regulatory, insurance, human resources, and other topics that are essential if you are to protect your own interests, as well as the interests of the patients you serve and the organization in which you work.

2. Burnout

The medical profession is in crisis as 42% of surveyed providers state they are experiencing burnout. Of the providers who said they were burned out, 55% identified "Administrative Burden" as the main source of their frustration leading to burnout. Rx for The Business of Medicine™ teaches the business fundamentals necessary to succeed and avoid burnout.

Watch Intro Video

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An introduction to the Rx for The Business of Medicine®

Course Content

We have jam-packed our course with evidence -based videos, real-life case studies, downloadable resources, assignments, competency tests, and suggested readings written by authors who have worked with thousands of senior executives and their teams in organizations ranging from Fortune 500 companies to high-tech startups to universities and nonprofits. Our interactive workbooks are filled with “pearls” that are high quality bits of information that fill the business knowledge gaps for any medical professional and can be used right away.

  • LEARN ON YOUR SCHEDULE without impacting class load, class schedule, clinical rotations or graduation.

  • The course consists of 4 Chapters. Each Chapter is designed to take about 2 weeks to complete.

  • 1. Fulfillment - "Stay empowered and focused to find and maintain fulfillment in medicine."

  • 2. Prevail - "Eye-opening ways to prevail in the business of medicine."

  • 3. Thrive - "The things you must know to successfully find the right job and thrive!"

  • 4. Business Planning - "Think of your business plan as a GPS that guides you in structuring, running, and expanding your new business."

  • Chapter 1 - Fulfillment

    There is evidence that students entering medical school have lower burnout, less depression and a higher quality of life than college graduates pursuing other fields; and yet something goes awry. There are studies that show 75% of medical students are suffering from burnout. Rx for The Business of Medicine® helps medical students focus on their "why" and respect their self-worth so they find fulfillment instead of stress, anxiety and burnout. We even provide them with tips on how to knock their residency interview out of the park!

  • Chapter 2 - Prevail

    Studies have found that 55% of providers who experience burnout have identified a leading cause of frustration as "administrative burden" which includes business, legal, accounting, regulatory/compliance, billing, and coding challenges for which most providers are ill-prepared. Rx for The Business of Medicine® was designed to teach essential business fundamentals to all healthcare professionals so they are empowered to prevail and mitigate the chances for lawsuits, financial distress and regulatory/audit liability.

  • Chapter 3 - Thrive

    The best medicine in the world is lost if the provider leaves medicine or the medical organization fails for lack of business acumen. Rx for The Business of Medicine® uses real-world experiences to fill business knowledge gaps and empowers all healthcare professionals with the skills necessary to thrive in any practice.

  • Chapter 4 - Business Planning

    A good business plan guides you through each stage of starting and managing your business. You'll use your business plan like a GPS for how to structure, run and grow your new business. Rx for The Business of Medicine® provides you with the foundation you need so that you can be empowered to formulate, execute and implement a strategic plan.

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You Might Be Wondering About...

  • How Do These Skills Benefit Me?

    Salary/Income - It is not a coincidence that healthcare professionals who understand the business of medicine fundamentals have the potential to earn 40% more than their peers – they have the skills and knowledge that allow them to see the bigger picture. This course will give you a fundamental and holistic view of why certain businesses succeed and what needs to be done to improve their performance. Promotions – Healthcare professionals that take it upon themselves to acquire valuable business technical skills, make themselves the leading candidates for senior roles within hospitals and medical practices. Secure Future - there is a high demand for skilled healthcare professionals with business knowledge, and you won’t have to be concerned about finding a job . Growth - Every day, you will face different challenges that will test your healthcare and business skills

  • What Makes This Course Different?

    This course provides a ground-breaking curriculum that gives medical students essential business fundamentals that work; vetted by successful physicians, clinic owners, medical school deans, and subject matter experts.

  • What Do We Use To Accomplish This?

    We use high-quality videos with a daily message on how to make your practice great from successful healthcare providers and knowledgeable instructors. Course material comes from experts in their field. We will cover the major business topics and skills needed to have a successful career in medicine including extensive Case Studies that will help you reinforce everything that you’ve learned, a workbook filled with key takeaways and pearls to make this course an interactive experience, and tests on what you’ve learned while taking the course. You'll receive excellent support from qualified subject matter experts. If you don’t understand a concept or you simply want to drop us a line, you’ll receive an answer within 2 business days. Our course is dynamic and appropriately paced for learning and implementation.

Course Comments

This Should be Mandatory

Fourth-Year Medical Student

This course feels like it should be mandatory teaching in medical school. Not once in my time during medical school has anyone talked about the business aspect of things in great detail. Usually, you have to continually ask someone and then their answers are vague or insufficient. This course provides a good starting point for understanding how we need to practice medicine both from our hearts but also as a business operation.

Excellent!

Practicing Physician

Excellent overview! These are terms and concepts that are totally foreign to a vast majority of medical students. Super important to know when looking for residency and employment.

See Healthcare in a Different Way

Fourth-Year Medical Student

The Rx for The Business of Medicine helped me see healthcare in a different way. I am more aware of all the other things that go into our profession besides learning medicine. I plan on being proactive with the business side of practicing medicine and educating myself on how to provide the best care safely, effectively and successfully. Being more educated on things other than medicine will help alleviate some stress associated with the profession. I know for myself, I need to become more familiar with the finance side especially with loan payment and investments, Medicare and Medicaid policies, and accounting.

Preventing Physician Burnout

Fourth-Year Medical Student

I think the focus on preventing physician burnout and the strategies implemented to prevent this have been the biggest takeaways for me. Burned-out doctors are more likely to leave practice, which reduces patients’ access to and continuity of care. Burnout can also threaten patient safety and care quality when depersonalization leads to poor interactions with patients and when burned-out physicians suffer from impaired attention, memory, and executive function.

The WHY

Fourth-Year Medical Student

Rx for The Business of Medicine takes something like medical billing and coding and doesn’t teach you the specific codes, but rather the WHY of medical billing and coding. It may seem uninteresting and one of the least desirable facts to know about medicine, but Dr. Anderson shows WHY you need to do it, how to do it, and keep yourself away from unbearable quarrels with insurance companies. Dr. Anderson will change your perspective so you can tackle these parts of medicine with gratitude rather than resentment.

I Am Grateful

Fourth-Year Medical Student

I just wanted to say how grateful I am that you created this course. The content contained is invaluable to my future in medicine. I have spoken to some of my friends at other medical schools who have been pulled off rotations as well, and they were thoroughly impressed with this course as I describe it to them. I continue to reference the article links. Thanks again!