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

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.