The Career Doctor™
THE BUSINESS OF MEDICINE
Dear Career Doctor:
I just graduated from medical school and I am thinking of
not practicing medicine but rather going into business.
The problem is I don't have any background in business.
Is this a crazy impossible move? Do you have any suggestions
on how to go about it?
If you practice medicine, you will end up in business.
Hospitals are forcing doctors to realize they are in business.
Furthermore, physicians in private practice are in their
own businesses. Those who don't recognize that -- and those
who don't obtain good business skills -- are likely to end
up in financial trouble.
If the business of running a practice is not appealing,
research the many corporations who hire MD's. For example,
pharmaceutical companies employ docs in a variety of
I would go to department at your medical school that handles
alumni relations and ask for a list of graduates who are
working in business. This is a good place to start networking
and getting information about your options.
The Career Doctor
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