fbpx

Abdicating Your Business Responsibilities Leads to Loss of Autonomy

Abdicating Your Business Responsibilities Leads to Loss of Autonomy

[Daniel Paull MD explains that, while delegating your business responsibilities is acceptable, abdicating them is not.]

One of the most dangerous mentalities that we need to move away from as physicians “I just want to take care of patients”. When we just want to take care of patients and do the best possible job for them, everyone loses.

 

 

How does everyone lose?

 

When we just want to take care of patients, what we are also saying is that we don’t want to do all of the other business aspects of well, running a business. This leads to other people coming in to “help us run the business”. This sounds like a good thing, and it can be, but it depends on how you handle it.

There is a major difference between delegation and abdication.

Hire a business person who works for you to run your business and delegate the responsibilities (this means you need to check their work). This is OK.

What is unacceptable is to hire the business person and then abdicate all business responsibilities to them. This will cause them to take over your practice and start changing the way you do things. In essence they are taking your autonomy and you will be effectively working for them.

 

There is a major difference between delegation and abdication. Click To Tweet

 

 

Over time, too many physicians have abdicated the business aspect of their practices. The result is that now about 70% of us are employees for large conglomerates. The autonomy is gone.

The way for us to get our autonomy back is to stop throwing instruments and stomping our feet. It’s to start removing those who don’t have any clinical experience who are making clinical decisions. Hospital administration and insurance companies.

 

About 70% of us are employees for large conglomerates. The autonomy is gone. Click To Tweet

 

 

We won’t be able to brute force remove them, they are resource rich and have huge lobbying arms. We can’t play their game, we will lose.

The way is to disrupt them by removing them from the practice of medicine. This means not associating with hospital systems or contracting with insurance.

It sounds impossible, it isn’t. It is being done right now.

It’s your choice as to whether you want to find happiness as early adopter, or keep suffering as the laggard.

Do you have a compelling personal story you’d like to see published on SoMeDocs? Find out what we’re looking for here and submit your writing, or send us a pitch.

Share

Earn CME

This learning experience is powered by CMEfy - a platform that brings relevant CMEs to busy clinicians, at the right place and right time. Using short learning nudges, clinicians can reflect and unlock AMA PRA Category 1 Credit.

Leave a Reply

Your email address will not be published. Required fields are marked *

Affiliate ad

Earn CME

This learning experience is powered by CMEfy - a platform that brings relevant CMEs to busy clinicians, at the right place and right time. Using short learning nudges, clinicians can reflect and unlock AMA PRA Category 1 Credit.

Tweet Me

More from SoMeDocs

Subscribe To Our Newsletter

Get updates and learn from the best

Blog: Badge of Burnout

A physician’s personal account of battling burnout and mental health struggles, with lessons learned and aspirations to live a more joyful, fulfilling life.

The True Art of Medicine

The Crafting Doctors

Doctors do some incredible work outside of the exam room. Some even craft! Take a peek at some of our highlighted doctors, here, in this series.

David Norris, MD, MBA

Negotiate as a Physician and Win

Catch this 8-part series, hosted by physician & business consultant David Norris, MD, MBA & produced by Dana Corriel, MD. Learn to be a stronger negotiator with these important tactics.

My “Go To” Spices for Indian Food: Beginner’s Guide

The Doctor’s Food

In honor of our upcoming virtual Lifestyle Medicine conference, we thought it would be fun to share some of what doctors eat (and prepare!), released regularly. Bottoms’ up!

Bryce Bowers, DO

Bryce Bowers, DO

“We must first take care of ourselves in order to take care of the patient.”

Want More?

Be a part of the healthcare revolution.
Don't miss a thing SoMeDocs publishes!

Disclaimer: SoMeDocs assumes no responsibility for the accuracy, claims, or content of the individual experts' profiles, contributions and courses. Details within posts cannot be verified. This site does not represent medical advice and you should always consult with your private physician before taking on anything you read online. See SoMeDocs' Terms of Use for more information.

follow us

© 2023 SoMeDocs. All Rights Reserved.

Support A Platform that Celebrates Real Doctors

For just $10 a month, you can help keep this openly accessible site available to all & help us sponsor in more doctors.

Interested in the must-read, unique content from our magazine?

I acknowledge that this site is not to be used for medical advice.

Play Video
Our Founder Answers Your BURNING Question

SoMeDocs

“Why should I become a member of SoMeDocs if I already have my own space online?”

Site SoMeDocs Logo, square

WANT TO STAY IN THE LOOP?

DON'T MISS A SINGLE CONTENT PIECE.