7th Annual MD/MBA Conference

7th Annual MD/MBA Conference in Dayton OH
When: April 17-19, 2009
Where: Wright State University School of Medicine and College of Business
Want to learn more about this event? Click here.

You may think that most people who pursue a combined MD/MBA plan to pursue non-clinical careers, but that may not be true. An MBA can be very beneficial to help you run a more efficient practice or hospital. If you stop to think about it, medical management is really a form of business administration, so if you're properly equipped, you'll be better at it.

HIMSS Virtual Expo 2009

HIMSS is winding down and if you weren't able to go to Chicago this year, then you can still experience HIMSS by attending the Virtual Conference Expo this June. I attended the virtual expo in 2008 and made some great connections, attended some virtual meetings, and had the opportunity to expand my network. Health information technology is changing the way physicians are practicing medicine and I think we're going to see some significant movement in 2009 and 2010. Everyone is anticipating major changes in 2009, but we're already in the second quarter. Stay tuned and keep up with everything going on in the health IT world.

Many Questions Related to Residency and Non-Clinical Careers

I've received quite a few questions recently on the Student Doctor Network about residency, clinical medicine, and careers in non-clinical medicine. Here's the bottom line: you'll have many more career opportunities if you complete a residency and become board-certified in a medical or surgical specialty. Of course, if you're stuck in the middle of a very long residency and you really don't enjoy your work, then you may want to consider switching to a shorter one. You can still find opportunities if you don't complete a residency, but make sure to do your research so that you understand your options.

Also, you don't need an MPH or an MBA to succeed in the non-clinical world. Although these degrees help, they aren't necessary.

HIMSS 2009 Chicago

How many of you are enjoying HIMSS in Chicago? Microsoft is heavily involved at HIMSS (have you checked out Microsoft Surface yet?)

There are some great topics this year, especially with so much buzz around health IT driven by talks about economic stimulus. We've heard so much about this from President Obama. The American Recovery and Reinvestment Act of 2009, signed by President Obama on February 17, includes $19.2 billion for healthcare information technology (health IT). This means that there are many pieces to this gigantic pie for different companies raning from small and large corporations. How do you plan to contribute to the health IT revolution?

Joining Government with Industry to Discuss Health Issues

What happens when you combine government with industry to talk about health issues related to quality of care, compliance, cost, and partnerships? You end up with roundtable reports published by the Health Care Compliance Association (HCCA). They have some recent roundtable reports where industry representatives discussed some important quality and compliance issues with the HHS Office of Inspector General (OIG).

The most recent HCCA/OIG roundtable report is titled:

A Report on the HHS Office of Inspector General and Health Care Compliance Association Roundtable on Hospital Board of Directors’ Oversight of Quality of Care
Driving for Quality in Acute Care: A Board of Directors Dashboard

Past HCCA/OIG roundtable reports include:

A Report on the Office of Inspector General and Health Care Compliance Association Roundtable on Long-Term Care Board of Directors’ Oversight of Quality of Care
December 6, 2007

A Summary of the Government-Industry Roundtable on the
Role of Governance in Compliance Programs
June 16, 2004, Office of Inspector General

HCCA/OIG Rountable Report
Building a Partnership for Effective Compliance
July, 2001

HCCA/OIG Physician Roundtable Report
Building a Partnership for Effective Compliance
July, 2000

CIA Survey
August 2001

Consulting for McKinsey or the Boston Consulting Group

It seems like many students who pursue a joint MD/MBA want to get a consulting job at McKinsey & Company. Who wouldn't? I've known several people who have worked at McKinsey and I'm always fascinated by the unique stories associated with the McKinsey culture. I've also met medical school graduates who have pursued opportunities at the Boston Consulting Group (BCG, not to be confused with the BCG vaccine). So what about you? Do you have strong interests in the business/consulting industry? If you're pre-med, are you planning on pursuing an MD/MBA program? As I look back on my education, I often wonder whether I would have pursued a combined MD/MBA. Since I lacked "real world" working experience before applying to medical school, I think I would have been lost in business school. Had a been a non-traditional student who had worked for several years prior to applying to medical school, then I would have seriously considered a combined MD/MBA program.

Top Content in March 2009

According to Google Analytics data, the most frequently visited page is: Non-Clinical Medical Opportunities for Physicians and Other Clinicians. Not too surprising. People who visit this site are also looking for information about master's programs, especially MBAs. One common assumption is that you need to have a master's degree to be successful in the non-clinical world. This isn't true, especially if you have strong people skills and management experience.