As a physician, you should take extra caution when you meet someone with no medical background, in the medical field, who says, “Well I like to take care of all the business stuff, so the doctor can be a doctor.”
It doesn’t always mean that they are ripping you off, but there’s a strong possibility that they might be.
Part of the blame lies with us physicians, who often shy away from dealing with the business aspects of running a practice.
Since we avoid handling those responsibilities, it creates an opportunity for business-minded individuals to step in and, unfortunately, many times take advantage of our trust and focus on patient care.
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It is also our fault when we simply assume they will handle everything perfectly without ever checking their work or holding them accountable.
This is called abdication, and it’s a dangerous trap.
Abdication is bad, while delegation—with proper oversight—is acceptable and can even be beneficial.
The moral of the story is that we tend to believe someone will step in to help us out of a sense of goodwill or partnership, but the reality is that they’re usually helping us for their own benefit.
We really need to start taking control of the business aspects ourselves or at least actively monitor and manage them to avoid being exploited.
