(Snippets from the frontline)
I’ve been practicing medicine for 36 years. One of my patients fought in the 1898 Spanish-American War; a handful lived in three centuries…born in the 19th and living into the 21st; while several had parents who grew up during the Civil War. These connections to history boggle my mind, but also unfortunately remind me of my age.
For 30 years, I have had a solo private practice which from the get-go, is a business. Initially with consultant assistance I rented office space, hired staff, signed contracts, got privileges to practice at hospitals, purchased malpractice insurance, hired a CPA, and paid my taxes.
But most importantly, because it was MY business, I had to provide professional medical services elevating care and establishing a reputation to keep customers happy. That meant good communication skills, waking up at night, having few days off, and nowadays being an advocate for my patients.
Newly graduating doctors still want responsibility of being a physician, but not being a business owner. So rarely do they go into private practice.
Employed doctors don’t carry the same pride of ownership as private practice physicians.
Without this motivating factor, the depth of your healthcare may be affected.
Gene Uzawa Dorio, M.D.